The air begins to leak out of the overinflated AI bubble
The air begins to leak out of the overinflated AI bubble
Shares in AI companies have powered a huge runup in the stock market this year, but users are beginning to question whether the craze will fall flat.
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Welp, it was 'fun' while it lasted. Time for everyone to adjust their expectations to much more humble levels than what was promised and move on to the next sceme. After Metaverse, NFTs and 'Don't become a programmer, AI will steal your job literally next week!11', I'm eager to see what they come up with next. And with eager I mean I'm tired. I'm really tired and hope the economy just takes a damn break from breaking things.
I just hope I can buy a graphics card without having to sell organs some time in the next two years.
Don't count on it. It turns out that the sort of stuff that graphics cards do is good for lots of things, it was crypto, then AI and I'm sure whatever the next fad is will require a GPU to run huge calculations.
I’m sure whatever the next fad is will require a GPU to run huge calculations.
I also bet it will, cf my earlier comment on rendering farm and looking for what "recycles" old GPUs https://lemmy.world/comment/12221218 namely that it makes sense to prepare for it now and look for what comes next BASED on the current most popular architecture. It might not be the most efficient but probably will be the most economical.
AI is shit but imo we have been making amazing progress in computing power, just that we can’t really innovate atm, just more race to the bottom.
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I thought capitalism bred innovation, did tech bros lied?
/s
I'd love an upgrade for my 2080 TI, really wish Nvidia didn't piss off EVGA into leaving the GPU business...
My RX 580 has been working just fine since I bought it used. I've not been able to justify buying a new (used) one. If you have one that works, why not just stick with it until the market gets flooded with used ones?
If there is even a GPU being sold. It’s much more profitable for Nvidia to just make compute focused chips than upgrading their gaming lineup. GeForce will just get the compute chips rejects and laptop GPU for the lower end parts. After the AI bubble burst, maybe they’ll get back to their gaming roots.
But if it doesn't disrupt it isn't worth it!
/s
move on to the next [...] eager to see what they come up with next.
That's a point I'm making in a lot of conversations lately : IMHO the bubble didn't pop BECAUSE capital doesn't know where to go next. Despite reports from big banks that there is a LOT of investment for not a lot of actual returns, people are still waiting on where to put that money next. Until there is such a place, they believe it's still more beneficial to keep the bet on-going.
AI doesn't need to steal all programmer jobs next week, but I have much doubt there will still be many available in 2044 when even just LLMs still have so many things that they can improve on in the next 20 years.