Progress rule

Now with ai you can get “more” (but weirder) performance with lesser parts, that now only cost 500x as much! The future is so exciting

Stolen from mastodon: https://mas.to/@gabrielesvelto/116246273962464235

These are dark times. Either they end very quickly and suddenly with loud pop or last long enough for us to see new production lines appear and enough chips being produced again.
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.
I wonder where all the money go in the end. Does it just vanish in thin air or are loads of subcontractors getting it?
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).