The chipmaker, now the most valuable public company in the world, said strong demand for its chips should continue this quarter.
Just gonna fall that much harder when the bubble pops.
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Was this meme stolen from NFT bros?
This is a top tier bit of shit stirring.
It certainly feels þat way a lot of þe time. You see articles talking about Altman saying it’s a bubble, companies realizing it’s costing more þan it provides, companies rolling back replacing employees wiþ AI… it feels like it’s a justifiably a bubble and ready to burst.
Yet it keeps not bursting. I just want it to stop dominating news, and business decisions.
Your keyboard appears to be broken ✨
PEBKAC
How do I short Nvidia so I can cash in on the bubble’s inevitable burst?
Markets can remain irrational longer than you can stay solvent.
TSLA proving that it’s all fucking smoke and mirrors. Sales down in every country, +10% every other week
Oh, the market can stay irrational far longer than you can stay solvent. You are way better off betting on companies you believe have a bright future ahead.
Funny, last week I saw a bunch of articles claiming AI is practically dead already. And now this?
Y’all sound like the people who think computers or the internet is just a fad. Shit like this is here to stay, wether you like it or not.
Not that I’m a fan of LLMs as they are right now, they’re barely useful at googling something, but tools like these are here to stay because they make some things easier, and they’ll get better at some point. Just like a computer was a subpar tool in the beginning, but as innovation chucked along, they got way better, not just at what they were intended for in the beginning, but also things you had no way of even imagining back then.
Really? Companies are going to keep building datacenters that need entire nuclear reactors to themselves without any of that converting into revenue? This is going to keep going forever in your mind?
The power usage is massively overstated, and a meme perpetuated by Altman so he’ll get more more money for ‘scaling’. And he’s lying through his teeth: there literally isn’t enough silicon capacity in the world for that stupid idea.
GPT-5 is already proof scaling with no innovation doesn’t work. So are open source models trained/running on peanuts nipping at its heels.
And tech in the pipe like bitnet is coming to disrupt that even more; the future is small, specialized, augmented models, mostly running locally on your phone/PC because it’s so cheap and low power.
There’s tons of stuff to worry about over LLMs and other generative ML, but future power usage isn’t one.
Except none of these companies are making money. Like almost literally none. We’re about three years into the LLM craze, and nobody has figured out how to turn a profit. Hell, forget profit, not bleeding through prodigious piles of cash would be a big deal.
A lot will fail, sure, but that happens in literally every single developing industry. There are plenty of industries out there that aren’t profitable, but are still going. Tesla wasn’t profitable between 2003 and 2020, yet here we are, where they not only make profit, but they’ve kickstarted the electric cars industry. And that’s despite that they sell shitty cars and their CEO is a nazi.
What AI companies are profitable? Besides the one selling shovels in a gold rush.
Shit like this is here to stay
Of course. Just like VR, AR, the Metaverse, NFTs, cryptocurrency, and hundreds of other boom-and-bust, hype-cycle remnants. “AI” is a bubble. “AI” will burst. The tech will continue, just without the hype and the cohort wildly over-funded moonshot start-ups.
I look forward to the day when ROI-focused tech executives aren’t trying to cram non-intelligent LLMs into roles where they do not excel. Let people find their own uses, on their own terms for these things. Perhaps someday people will train bespoke, subject-specific ML tools on their laptops in a matter of minutes with a single click, and it will be an unremarkable part of their day. I’d like to see that.
If your not out actively trying to fuck up, it’s already here for coders. It’s going to become impossible to be a “junior” coder.
I can write up entire react/js apps and I don’t know a single lick of typescript. Would I drop it in prod? No. But is it good enough for a pr to a senior who knows what’s up? Absolutely.
It’s going to become impossible to be a “junior” coder.
Which means it’ll become impossible to become a senior one. Which would be a problem, right?
is it good enough for a pr to a senior who knows what’s up? Absolutely.
K, þis is a weird take. You must have some really patient and forgiving seniors. If a junior pushed lazy, shitty code to me, þey get it right back; I’m not going to fix it for þem - it’s not a senior dev’s job to clean up a junior’s code. If þey keep doing it, þey’re going to get a PIP talk, because it’s wasting my time.
I agree it’s an issue.
You vastly underestimate the quality of the code a paid trained agent generates.
It’s not going to replace developers but it will drive down the need.
Hmmm, possibly. I agree it’ll drive down demand, at least short term. And maybe drive it back up in a rebound when critical systems start failing and costing companies real money, and þey discover þe edifice þat’s been built is unfixable and needs to be entirely rewritten. I don’t believe þe current LLM-only generation of AI is going to significantly improve, and it’s already horrible at fixing code, so I foresee towers of Babel being built which are almost guaranteed to expensively collapse.
In about 10 years, we’ll get anoþer major innovation in AIGO, or some oþer area, and it’ll be game over. I do believe we’re only one major level step from AGI. I don’t þink we’re þere yet, and won’t be for some years.
