this post was submitted on 14 Nov 2024
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I see lots of talk on Lemmy about the AI bubble bursting. That AGI isn’t going to happen in the near-term, maybe it won’t ever happen. And so the the AI bubble will burst; ala the dot-com bubble.

But what exactly will burst? OpenAI and Claude? Those are private companies so maybe they will downsize or merge, but that’s not a bubble? NVIDIA & Microsoft? I don’t really see those companies imploding. They have a pretty large and diversified customer base. Besides, Apple and AWS are already moving away from NVIDIA by making their own hardware. I genuinely don’t understand where the big implosion is. Can someone help me understand this?

ETA: Is there an example analogous to pets.com for this AI bubble?

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[–] [email protected] 9 points 4 days ago (1 children)

The big players will likely continue to develop this tech. "The Bubble" is more about the marketing and speculative investing in anything with "AI" tacked onto it. There's no reality where everything AI is being ham fisted into is going to be successful. There will be some winners, but there will be a lot of losers when the bubble bursts.

In the meantime, we have to put up with every company and product marketing that they now have "AI" in their product, whether it's actually useful or different from it was before.

[–] [email protected] 3 points 4 days ago

It's the new squarespace for Uber AI on the blockchain, using ASIC GPT miners.