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it’s nit AI, regardless of how many idiots repeat that bullshit. It is machine learning with glorified pattern recognition.
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Why would anyone want to enter the market? It has no practical use that justifies the energy consumption. Because it is not targeted, for every individual application, there are much more efficient ways to accomolish the same/better results for much less energy.
Comment on Everyday AI looks more like the '08 housing bubble
plyth@feddit.org 2 weeks ago
Who is paying? If every workplace needs a $100 or even $1000 per month license then those values are justified.
The people using the AI are training the AI. In 2 years, no competitor can enter the market because they don’t know what to do.
Only Nvidea could be overvalued because at some point, OpenAI can design their own chip.
raspberriesareyummy@lemmy.world 2 weeks ago
plyth@feddit.org 2 weeks ago
It’s good enough to answer most questions and it will only get better. Even if it is not AI it is a tool that knowledge workers use and will need to stay competitive.
raspberriesareyummy@lemmy.world 2 weeks ago
It’s good enough to answer most questions and it will only get better.
Reality indicates the opposite.
Even if it is not AI it is a tool that knowledge workers use and will need to stay competitive.
People who use machine learned systems to handle “knowledge” will dilute actual knowledge with billions of factual errors and fuck up mankinds knowledge base.
vithigar@lemmy.ca 2 weeks ago
They’re all paying each other. That’s literally the point this image is trying to express.
What’s especially insane is that the companies that are actually providing the service to end users, i.e. Coreweave et al, are not the ones seeing massively inflated prices, contrary to your point about the monthly fees justifying the higher evaluation.
plyth@feddit.org 2 weeks ago
Why should the fronts have inflated prices? The AI companies can squeeze them at any moment.