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.