• artyom@piefed.social
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    15 hours ago

    After spinning up some LLMs and image generating tools, I realized the hardware consumes a lot of electricity, and even 12GB VRAM sometimes wasn’t enough. On top of that, these AI programs also use a lot of system RAM. Now imagine being a big company like OpenAI or Grok with millions of users. How much GPU power and electricity would it take to keep their service running? That’s why these companies are seeking lots of investment.

    Not a bubble because: it actually uses the amount of energy they claim? No one thinks they’re lying about that.

    these AI investors know what they’re doing

    LOOOOLOLOL. I think there are some initial investors who, in the beginning, legitimately thought it would be a good deal. At this point, the investments are driven by hype, and investors know they are, but they’re gambling that they can ride it to the top without being caught holding the bag. That’s why it will collapse violently. Because the moment it starts going down, everyone is going to dump it.

    Of course, AI-generated content is polluting the internet like never before. But the problem is that you still like or share these AI slop, making them go viral.

    Okay so we’re now: changing the topic entirely, while blaming users for the poisoning of the information database that is the internet.

    So it’s a 2 paragraph blog post that doesn’t even address it’s own title.

    • squaresinger@lemmy.world
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      7 hours ago

      LOOOOLOLOL. I think there are some initial investors who, in the beginning, legitimately thought it would be a good deal. At this point, the investments are driven by hype, and investors know they are, but they’re gambling that they can ride it to the top without being caught holding the bag. That’s why it will collapse violently. Because the moment it starts going down, everyone is going to dump it.

      This is it. Bubbles happen BECAUSE investors know what they are doing. They ride the bubble hard, hoping to get out just before it pops. The later you jump, the more you gain. Unless you jump too late.

      All this, including the popping of the bubble, is done on purpose.

      High-level capitalism is certainly the place where you should never mistake mallice with incompetence.