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by gerdesj 301 days ago
Bubble goes pop!

I'm old enough to remember the global melt down in 2000ish and 2008. Oh and 1991 in the UK - lol, that's when I graduated. Take your money out of AI and stuff it under the mattress (gold if you are a magpie or blue stocks).

I have actually just spent out on a fairly handy GPU to stuff into one of our backup boxes at work. It has gobs of RAM and a fairly useful pair of CPUs and sits idle during the day.

AI via LLM is a thing but it isn't worth silly money and I think that a wind of change is on the way.

2 comments

All these GPUs have to be used for something, if it's not AI then its bitcoin, if its not bitcon it's NFTs, if its not NFTs then its Porn.

This is a hardware driven bubble that will mutate into the next big computing hype. Server farms have to be doing something because they cost money. So whatever the next big hype is, big-tech will jump on the bandwagon.

Hype it 'til you make it.

> All these GPUs have to be used for something

They really don’t though. If what they produce becomes less valuable than the electricity it takes to operate the data center they’re housed in, the biggest concern will be figuring out the cheapest way for them to do absolutely nothing.

What do you mean Nvidia isn't worth $4.5 trillion?!