• OrganicMustard
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    1 day ago

    Investors have way too much money and hype for AI. Even when production is scaled up they are going to keep outbuying regular customers until they run out of money in some years.

    • DeathsEmbrace
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      22 hours ago

      Almost like the real problem with AI is that we never taxed the rich so they invest in climate change accelerators

    • jrs100000
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      1 day ago

      The problem with bubbles is not that they deflate, its that they pop.

      • MiddleAgesModem
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        22 hours ago

        As the internet shows, burst bubbles sink companies, not destroy the technology.

        • jrs100000
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          6 hours ago

          Thats true. Anyone who thinks the bubble popping will make AI go away is kidding themselves. On the other hand, when prices are set more accurately and investors start accepting that they will get diminishing, or even negative, improvement out of the latest model, we may see use cases start to shift to something more realistic.

    • Valmond@lemmy.dbzer0.com
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      1 day ago

      I wonder where all the money go in the end. Does it just vanish in thin air or are loads of subcontractors getting it?

      • FreddiesLantern@leminal.space
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        23 hours ago

        I speculate/imagine it probably loses most of its value. All those GPU’s and ram will sit there unused so they’ll probably try to repurpose them or sell them. Second hand stuff loses its value.

        All the rest will get lost in a shitstorm of a bunch of rich assholes doing the most intimate thing they will ever know=> suing each other and grabbing as much as they can.

      • anton@lemmy.blahaj.zone
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        22 hours ago

        It gets turned into warm air, literally.
        They spend billions on electricity, so the money goes to power companies, but the value goes to waste (heat).

      • ratsnake@lemmy.blahaj.zone
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        23 hours ago

        It goes into the pockets of the people who cashed into the bubble early, and cash out before it bursts. Just like it was with crypto.

      • Emi@ani.social
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        1 day ago

        I don’t understand money at all. To me they are just imaginary numbers.