I heard on the Framework subreddit that they just secured a cheaper batch of RAM and refunded their customers, so could be something or maybe it’s just a blip. I’m also wondering if the recent Flash model releases are disrupting investor interest in the AI datacenter projects especially since running them on local hardware is starting to become more feasible, and for businesses in particular possibly more cost-effective.
“AI” seems to be best put to use performing specific automated tasks. This is something a lot of us have been saying for a while now, but they tried to make what is essentially an industrial tool (as in boutique AI for specific industries), into both slide deck candy for enterprise C-suites, and an expensive consumer plaything. Enterprise customers demand real results for their money, and consumers do not care about the novelty of generative AI enough to recoup the costs of this insane level of infrastructure development. Add what is essentially shaping up to be runaway inflation, and well, yeah. No one cares about this shit.
They came at it like this because they are Silicon Valley and for the better part of 3 decades now, they have operated under the assumption that they are always right, and that if they can survive running on a loss at first, eventually they will acheive market dominance and monopolize their product. I just don’t see it happening. I see this more like the early dot com days. A lot of investment, and a lot of failures. But eventually, for better or worse, a few of them figured out how to make it work. This time around however, capitalism itself is failing.
The market can stay irrational for a long time but it does eventually have to happen. The 2008 crisis was the result of overleveraging in 1999-2003 and interest rate rises from 2004-2007, so it can take years for it to crumble. Two years is a long while but it could easily take two more before people realise the emperor has no clothes.
The whole bubble might be about to pop.
Have been hearing that for 2 years now
The nature of a bubble means that the longer you go the more likely it actually is. And this is a bubble I frankly can’t wait to pop.
Significant portions of Lemmy are turning into debate bro bro hreads on AI and its relevance.
I heard on the Framework subreddit that they just secured a cheaper batch of RAM and refunded their customers, so could be something or maybe it’s just a blip. I’m also wondering if the recent Flash model releases are disrupting investor interest in the AI datacenter projects especially since running them on local hardware is starting to become more feasible, and for businesses in particular possibly more cost-effective.
“AI” seems to be best put to use performing specific automated tasks. This is something a lot of us have been saying for a while now, but they tried to make what is essentially an industrial tool (as in boutique AI for specific industries), into both slide deck candy for enterprise C-suites, and an expensive consumer plaything. Enterprise customers demand real results for their money, and consumers do not care about the novelty of generative AI enough to recoup the costs of this insane level of infrastructure development. Add what is essentially shaping up to be runaway inflation, and well, yeah. No one cares about this shit.
They came at it like this because they are Silicon Valley and for the better part of 3 decades now, they have operated under the assumption that they are always right, and that if they can survive running on a loss at first, eventually they will acheive market dominance and monopolize their product. I just don’t see it happening. I see this more like the early dot com days. A lot of investment, and a lot of failures. But eventually, for better or worse, a few of them figured out how to make it work. This time around however, capitalism itself is failing.
The market can stay irrational for a long time but it does eventually have to happen. The 2008 crisis was the result of overleveraging in 1999-2003 and interest rate rises from 2004-2007, so it can take years for it to crumble. Two years is a long while but it could easily take two more before people realise the emperor has no clothes.