Make no mistake; the people selling server time will be making money. They are selling a real product to a real customer, it’s just the customer is a tech company that will never make money back in turn.
Aren’t most miners running ASICs that are pretty much only useful for mining specific coins? I was hoping we were past the last “people are buying off-the-shelves GPUs for crypto” bubble.
Depending on which crypto, but yes. And the ASICs have a usable shelf life of just a few years, so I assume they are migrating to machines for AI processing as their ASICs need routine replacement.
As long as we’re being pedantic, when you pay out pitch, you’re not covering the deck with it. You’re making lines of it that go in between the deck planks. It’s basically caulking. You actually have to be careful to not get it everywhere (not least because pitch is really hot when you’re paying it out), so just like when you’re paying out a line, there’s a sense of careful control and easing out the pitch.
No they play a different game and leverage hardware. Most probably they’ll buy H100s instead of ASIC and run AI inference on that. It turns out that inference can be pretty profitable if you have good utilization and don’t need to train your own models.
“Scammers find new scam”
How would they make money from ai? be like chatgpt and release their own ai plans or something? or something else?
TFW when you realize AI is a bubble
Make no mistake; the people selling server time will be making money. They are selling a real product to a real customer, it’s just the customer is a tech company that will never make money back in turn.
Maybe host open source models and offer paid access for customers who need big generating capacities.
Aren’t most miners running ASICs that are pretty much only useful for mining specific coins? I was hoping we were past the last “people are buying off-the-shelves GPUs for crypto” bubble.
Depending on which crypto, but yes. And the ASICs have a usable shelf life of just a few years, so I assume they are migrating to machines for AI processing as their ASICs need routine replacement.
Paid : give money for
Payed: nautical term meaning to let out some slack on the rope or to cover the deck in tar/pitch for sealing it
As long as we’re being pedantic, when you pay out pitch, you’re not covering the deck with it. You’re making lines of it that go in between the deck planks. It’s basically caulking. You actually have to be careful to not get it everywhere (not least because pitch is really hot when you’re paying it out), so just like when you’re paying out a line, there’s a sense of careful control and easing out the pitch.
Username checks out.
This is the level of pedantry I can get behind.
Yeah there’s lots of open providers like this.
OpenRouter is a marketplace for AI inference
Same way a lot of the “ai” companies make money, investors that have no idea but want to get in on the ground floor of the next nVidia or openai.
No they play a different game and leverage hardware. Most probably they’ll buy H100s instead of ASIC and run AI inference on that. It turns out that inference can be pretty profitable if you have good utilization and don’t need to train your own models.
In theory you could lease your server capacity to the big AI players, but then they would have to trust you -a noted crypto grifter - with their data.
Like AI companies care about business ethics
Investors keep trusting noted crypto grifters with money.
Subscriptions for waifus?
Hey now, at least bitcoin has it’s uses. And if you have a farm for it I doubt you’re scamming on the side, that’s risky.
Sure it does
AI has more uses than Bitcoin, the fuck is this circlejerk, lmao