• mojofrododojo@lemmy.world
    link
    fedilink
    English
    arrow-up
    74
    ·
    10 days ago

    when this bubble pops it’s gonna be horrific.

    google, meta, ms, so many more leveraged out huge investments in datacenters. nvidia is propping up whole segments of the fucking economy.

    https://www.wheresyoured.at/ai-is-a-money-trap/

    it’d be fun to watch if I could isolate myself from the chaos that will ensue, but we’re all gonna get fucked by the aibros, it’s only a question of which segment of the economy blows up first.

    • skisnow@lemmy.ca
      link
      fedilink
      English
      arrow-up
      20
      ·
      9 days ago

      A lot of startups whose entire business model relies on OpenAI’s small model API calls costing under $1/Mtok, are going to go bust when OpenAI finally runs out of money and ramps the cost up tenfold.

        • pfizer_dose@lemmy.world
          link
          fedilink
          English
          arrow-up
          10
          ·
          9 days ago

          Yep it’s blitzscaling. Run it at a loss until it’s a necessity, then charge whatever the hell you want. They’re blitzscaling our right to intellectual property and our right to work.

    • vector42@programming.dev
      link
      fedilink
      English
      arrow-up
      7
      ·
      9 days ago

      Came here to see if someone had mentioned Ed Zitron’s blog. His last two pieces on the AI bubble are fantastic reads.

    • BetaBlake@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      ·
      10 days ago

      Hopefully sooner rather than later, and maybe Elon can stop poisoning a neighborhood in Memphis with Grok

      • mojofrododojo@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        9 days ago

        yeah that’s one of the more egregious examples, basically a methane factory that eats prodigious amounts of water and power, all in process of giving us MECHAHITLER.

        what’s not to love?

      • mojofrododojo@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        9 days ago

        yeah secondary knockon effects - once nvidia realizes it’s not going to actually sell 5 gpus per human being, the datacenters for them evaporate, then the power production to feed those datacenters becomes pointless…

        an effective administration would mandate all renewable energy for this purpose, so when it implodes they could at least derive a benefit from the expanded production… but no, trump will have them build coal plants for it all. or like grok, methane powered generators fml