• 2 Posts
  • 241 Comments
Joined 2 years ago
cake
Cake day: June 18th, 2023

help-circle








  • I think the difference here is that you can’t quite just put an AI tag on something, and then investors flock to give you money.
    The AI companies that are invested in, are mostly companies that actually have something to show. And the biggest investment and benefactor is Nvidia that actually makes loads of money from AI products.


  • Buffalox@lemmy.worldtoTechnology@lemmy.worldWhen the AI bubble bursts
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    8
    ·
    edit-2
    6 days ago

    AI is improving at the same rate it always has

    This is blatantly false, there’s a reason there is talk of the cold winter of AI, and the long walk in the desert.
    The desert walk was at least 2 decades of very little progress despite big investments, the cold winter was another decade without much progress because of disillusionment so nobody wanted to invest in it.
    AI has progressed more for the past 10-15 years than it did for 40 years from about the 70’s to about 2010.

    For actual AI, nothing has changed.

    I assume you mean strong or general AI, and that’s not what we are debating here, because that is not a reality yet.

    Something that doesn’t exist obviously can’t burst.


  • Buffalox@lemmy.worldtoTechnology@lemmy.worldWhen the AI bubble bursts
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    6
    ·
    6 days ago

    I agree 100%, and yes there are always losers due to competition and failure to compete. Just like some companies are losing money making cars, but cars are obviously not a bubble.
    Maybe the most of the hype is over for now among investors, but AFAIK Nvidia who is the biggest supplier of hardware for it, is not seeing a slowdown in demand.
    So maybe it’s more a slow down of interest in the media?


  • Buffalox@lemmy.worldtoTechnology@lemmy.worldWhen the AI bubble bursts
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    4
    ·
    edit-2
    6 days ago

    Yes I think Facebook and Microsoft may lose money on this, you could call that over investing, but for it to be a bubble that burst, companies need to go down, and people lose money on it.
    Otherwise you may be looking for a completely different word which is fad, a period where something is over hyped, but quickly settles down like Fidget Spinners.
    .com was a bubble because a lot of people lost a lot of money, so much so that it reverberated through the entirety of financial systems globally. I don’t think we will see a financial bubble burst due to AI, that is more than 1% of that at most.
    META is throwing out money like crazy on their “META” project that will never succeed, and they are doing the same with AI, but they will not go bankrupt on it, and AI will almost guaranteed be more successful than the “META” project.
    What I mean is that generally more money will be made on AI, than is lost experimenting with it.


  • Buffalox@lemmy.worldtoTechnology@lemmy.worldWhen the AI bubble bursts
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    21
    ·
    edit-2
    6 days ago

    I don’t think it will, AI will improve transform and expand in areas of usefulness, so I think we are still in the early days.

    But at what point can we agree that it didn’t?
    When we finally get FSD for real? When AI helps improve diagnosis and saves lives?
    When AI creates new molecules that are better than any chemist could do without AI.

    What will it take for people to realize that AI is here to stay? And AI will remain a significant part of our economy.
    Some people behave like AI is some sort of .com bubble, but from an economic viewpoint that doesn’t make the slightest bit of sense. The investment landscape into AI is completely different from the .com speculation that was completely void of content.

    AI is financed by established players that develop and use AI themselves, while .com was venture capital investing in ideas with no purpose.
    Tesla may burst, because they try to sell themselves as an AI company, but they are so far behind it’s ridiculous.
    I suspect the Tesla bubble may burst in 5-10 years.



  • Well yes and no, The RX 6600 is a 4-5 year old card, and absolutely low end by today’s standards.
    I’m not saying that to be arrogant, because I use a 6600 XT myself. And it works OK for me. Because I mostly play retro games.
    But if you look at reviews of the 9600 XT, the 6650 XT which is slightly better than 6600, is the bottom of the charts if it’s even included, at typical framerates more than 50% below the 16 GB 9600 XT.
    So yes you can get cheaper cards, but the price is higher per FPS. Maybe except for the Intel Arc B580.
    You can also get the 9600 XT in a cheaper 8 GB version, but that is STRONGLY warned against, because for some new games, performance fall off a cliff with only 8GB!
    So the 8 GB Radeon RX 9600 XT is not even recommended as an entry level card!

    But to be honest, I was positively surprised when I saw the 16 GB version is only $380 (USD) here in Denmark. Because that’s actually cheaper than what I paid for the 6600 XT when it came out. Back then that was $450 USD, and by far the best option on cost per fps.

    Prices have been crazy, but they are actually somewhat normalizing now.



  • Cards like Radeon 8GB RX 480 and Nvidia 6GB GTX 1060 were around $250 and were excellent lower midrange cards 8 years ago.
    A lower midrange card like the Radeon 16GB RX 9060 is around $380. (Based on price today in Denmark)
    So an increase of 50% in 8 years. Not nearly as bad as it has been in several periods in between, when for instance the modest RX 580 was above $500 due to mining, and midrange cards were essentially dead.

    But the main problem is that a card like the 16GB RX 9060 is basically the entry point today, there are no good value options below that AFAIK.

    Edit:
    I was informed about the 12GB Intel Arc B580, which is both cheaper and better than the 8GB Radeon RX 9600 XT.
    With the RX 9600 XT be SURE you get the 16 GB version.