The AI industry is a grift so big that it's really hard to explain it to people not familiar with the tech industry.
Yes, Google is perfectly aware their AI-powered search is way worse than their "classic" mode.
Yes, Apple knows their integration with chatGPT is flaky and ads nothing useful to their products. And
They.
Don't.
Care.
Because the goal is not making their products better, the goal is to ride the hype wave so the investors are happy and their stock price keeps growing.
That's almost entirely what's powering the AI industry.
It's a multibillon dollar grift. One so big and so obvious that most people think they have to be missing something, that they don't understand something that makes everything to make it makes sense as a business.
No. That's everything. It's pure snake oil selling.
@javi I thought crypto was a bubble & would be gone by now, yet here we are. 🤷♀️
@Nazani @javi This is crypto rebranded. They even get to reuse the same hardware (GPUs) and the main pusher (nvidia) gets to keep selling them.
@dalias @Nazani @javi My personal conspiracy theory about all of this is that that's the whole point.
A lot of people bought Nvidia stock during the nft bubble and then had to create the ai bubble to keep the stock price up long enough for them to sell out. Only now the ai bubble looks like it has legs, so some of them decided to stay in.
@octorine @Nazani @javi Yep. We could really use some direct economic action against nvidia...
@dalias @octorine @Nazani @javi I mean I'd love to see the bubble pop, if nothing else so I can get some heavy floating point compute on the cheap lol.
Idgaf about all of the fp16/fp8/fp4 AI nonsense. But I'll happily grab all the float32 flops and memory bandwidth I can get for waveform processing and scientific number crunching.
@azonenberg @dalias @Nazani @javi I just want to play video games. My 1080ti is getting a little long in the tooth, but replacing it is going to cost an arm and a leg.