When everyone stops chasing cryptocoin and AI the prices will come down.
As long as people will pay 2k for a video card, they’ll charge 2k for a video card :(
The market doesn’t discern between gamers, cryptobros, and corporations.
I thought we were about to have a break when everything went ASIC, but that just didn’t last.
ChaoticEntropy@feddit.uk 1 day ago
No one will ever stop chasing AI. It’s the holy grail of corporate efficiency, just you… your shareholders… and some unpaid robot slaves. The dream.
FanciestPants@lemmy.world 23 hours ago
What’s with this “you” middle man? Let’s just get rid of that and have shareholders-robots.
rumba@lemmy.zip 1 day ago
Eventually, the bubble will burst.
Venture Cap paid for the first round of hardware; it has to make real money for the second round.
Once the token price rises to the actual cost of buying the ephemeral hardware it’s running on, no one will want to use it for the hard stuff.
ChaoticEntropy@feddit.uk 1 day ago
Most AI companies will die quite dramatically, but the big players will weather the storm and soak up all the rewards that come from monopolising on such technology. The ultimate product can turn to slop if you’re the only game in town.