[silver_silver]

The true believers seem to think the compute and energy requirements will drop by an order of magnitude in the near future

[caeril]

Inference is super cheap, and getting progressively cheaper.

Greenlighting training a new foundation model is very expensive, but is also a human decision that can be postponed based on available capital.

[jckahn]

That didn’t go well for crypto.

[gerikson]

Crypto (at least proof-of-work) is purposefully designed to have rising per-unit production cost.