A tech news sub for communists
The sanest take that I have read on AI is that it is a $20 Billion sector that is being treated like a $1 Trillion sector.
The funniest bit: In the best case scenario, one of the big AI investing companies makes a break through. When that happens all the others are going to get demolished. 4 or 5 of the 7 companies responsible for almost all the positive "growth" of the american economy are going to go belly up.
That assumes the breakthrough can't be copied by the others, which hasn't been the case yet.
At some point, investors will start pulling their capital. They won't need 10 companies doing the same thing, so they will choose a few of them and crash the ones running behind.
Of course not. Why would I pay for something that doesn't work? The AI companies should be paying me to use it.
NVIDIA is following the old adage of "During a gold rush, the one who really gets rich is the one selling the shovels"
That's basically been their business model. Of course once the bubble pops that's going to be a problem for them as well, especially given that China is starting to phase them out too.
the company i work at got like $10k in credits from Anthropic... those finally ran out after about 8 months (? maybe 9?) and now we have to pay for it and I can almost guarantee management is going to start cracking down on its use