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.
Update from comments: I'm SURE it's just a coincidence that training neural networks and mining cryptocurrencies are both applications that benefit from very large arrays of GPUs.
If *I* was a VC I'd be hiring complexity theory nerds to figure out what areas of research are promising once you have Yottaflops of numerical processing power available, then place bets on AMD, Nvidia, and (maybe) Intel going there and start seeding the field and hiring PR firms.
@cstross NN hardware reqs are way harder than crypto where they only need to communicate when someone finds a winning hash - training huge NNs needs a *ton *of communication bandwidth both amongst the GPUs and between the GPUs and storage, network/interconnect is as important as compute
The GPUs get fast enough they can't be fed training data or model updates fast enough to actually keep them busy and you can't really effectively use more/better GPUs til you upgrade the interconnects
Charlie Stross
inhuman resource
Bornach