The thing I find most suspicious/fishy/smelly about all the current hype around Stable Diffusion and ChatGPT is that it follows, as night follows day, about six months after the bottom dropped out of the cryptocurrency scam bubble.

This is not a coincidence.

Hucksters are chasing the sweet VC/private equity money that has been flushed out of crypto, and AI is the new hotness all of a sudden.

If you're thinking about investing now? Don't: it's too late and you'll be the target of a grift.

@cstross

It's probably a just a coincidence that both of these are applications that benefit from buying lots of GPUs.

@suetanvil @cstross The abso-fucking-lutely depressing thing about this is that it is fucking obvious for anyone with a minimum of skepticism about the workings of investment fads* and it's not conspiracy theory territory because all of the regular vaporware suspects are not even covering their bullshit anymore.

*Bubbles