this post was submitted on 13 Aug 2023
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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] [email protected] 2 points 1 year ago (2 children)

The best way to make money in the gold rush was selling shovels.

Same idea here. Nvidia is making bank.

[–] [email protected] 1 points 1 year ago

And that's before you even point out that they were also making bank from the last gold rush

Good time to be in the GPU business

[–] [email protected] 0 points 1 year ago (1 children)

If nvda selling shovels, what is tsmc?

[–] [email protected] 0 points 1 year ago

selling steel

[–] [email protected] 0 points 1 year ago (1 children)

Where's all the "NoOoOoO this isn't like crypto it's gonna be different" people at now?

[–] [email protected] -2 points 1 year ago

I can derive value from LLMs. I already have. There's no value in crypto. And if you tell me there is, I won't agree. It's bullshit. So is this, but to a lesser degree.

Mint some NFTs and tell me how that improves your life.

[–] [email protected] 0 points 1 year ago (1 children)

If it crashes hard I look forward to all the cheap server hardware that will be in the secondhand market in a few years. One I'm particularly excited about is the 4000 sff, single slot, 75w, 20GB, and ~3070 performance.

[–] [email protected] -1 points 1 year ago

I figured the gear they were using was orders of magnitude heftier than those cards. Stuff like the h100 cards that go for the price of a loaded SUV.

[–] [email protected] 0 points 1 year ago (1 children)

In a few months there will be a new buzzword everyone will be jizzing themselves over.