Are these targets made by the corpos just throwing darts at a board filled with numbers?
this post was submitted on 03 Nov 2024
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I work in the finance industry, and you are wrong!
These targets are made by workers putting in a combination of realistic guesses, hopes and dreams into an Excel sheet built in 2006, built by a person who left the industry in half a year later, and was last updated in 2018, adding one page of semi related calculations, taking the resulting numbers giving them to a sales guy to make a confident presentation for the CEO to deliver to the shareholders.
I think the problem is not many companies want to invest in AI accelerators since it's not clear if AI will even make them any money.
If you just buy GPUs, it's much more likely that you can repurpose them if AI turns out to be a bust.
They totally torched there reputation. Reputation is very hard to fix.
I never expected Intel would shit the bed like this, but I'd always really hoped.