The endless promotion of AI by virtually all tech company CEOs and shareholders, to me, is the most definitive proof that the rich would rather burn it all down than give any compensation, respect and decency to the working class.
You’re blaming the wrong people. The issue is on the side of demand - investment funds pour almost infinite money into AI destabilizing the market. Hardware manufacturers are just a cog in this madness
Thats the whole point. They are so immensely rich, they could fix most of the world’s and its people’s problems fairly quickly, and still be rich enough to continue to live in unbridled luxury and splendor, while the population would be mostly happy and content with the system. But apparently money is addictive and so they would rather ruin the world and societies by promoting a shift into fascism than give up even a sliver.
It’s also like… When you can have anything in the world it stops having meaning. So you can realistically only crave power, and by pushing others towards shittier and more miserable lives you elevate yours - it’s the only way.
Good luck, with Hormuz closed most of Asia’s LNG shipments are blocked (which TSMC relies heavily on), plus other crucial chemicals for the chip making process like helium
I’m skeptical about Sora getting killed. I think it’s very plausible that they just privated their model for internal use by the US gov. Sure, it’s one less power hungry AI video generator, but there are multiple of those available already, I don’t think it’s the win most people think it is.
The crash will come at some point, but based on the last decade, crypto boom, covid, just greed, now AI. Some new bullshit comes and jacks up the prices even more.
Call me a doomer, but the market is permanently messed up. It will not recover as long as some new player, maybe China, will enter the market.
And I feel like this war with Iran will just accelerate it. Lots of AI investment come from Arab countries, right? The ones who are suffering the damage from the war that Israel started because of their alliances.
Every day, I grow more eager for the inevitable crash of the AI market. Sora getting killed seems like a good portent.
The endless promotion of AI by virtually all tech company CEOs and shareholders, to me, is the most definitive proof that the rich would rather burn it all down than give any compensation, respect and decency to the working class.
You’re blaming the wrong people. The issue is on the side of demand - investment funds pour almost infinite money into AI destabilizing the market. Hardware manufacturers are just a cog in this madness
Thats the whole point. They are so immensely rich, they could fix most of the world’s and its people’s problems fairly quickly, and still be rich enough to continue to live in unbridled luxury and splendor, while the population would be mostly happy and content with the system. But apparently money is addictive and so they would rather ruin the world and societies by promoting a shift into fascism than give up even a sliver.
I liken it to the dragon sickness Thorin had, an all consuming greed because you can think of nothing else. Stunted mind syndrome?
It’s also like… When you can have anything in the world it stops having meaning. So you can realistically only crave power, and by pushing others towards shittier and more miserable lives you elevate yours - it’s the only way.
Good luck, with Hormuz closed most of Asia’s LNG shipments are blocked (which TSMC relies heavily on), plus other crucial chemicals for the chip making process like helium
I did not have “helium shortage disrupting the tech industry” on my bingo card.
Luckily Australia is their largest source and they upped the amount. They can also get more shipments from the US.
I’m skeptical about Sora getting killed. I think it’s very plausible that they just privated their model for internal use by the US gov. Sure, it’s one less power hungry AI video generator, but there are multiple of those available already, I don’t think it’s the win most people think it is.
Disney probably killed it tbh
I’m not sure about that, they had a 1B USD deal with Disney which is now cancelled
Also likely: they just took the investment money and ran, the fucking robber barrons they are.
I’ve been listening for this inevitable crash for some time now, but nothing yet. Crossing fingers. Eventually we will all need CPUs, disks, RAM etc.
The crash will come at some point, but based on the last decade, crypto boom, covid, just greed, now AI. Some new bullshit comes and jacks up the prices even more.
Call me a doomer, but the market is permanently messed up. It will not recover as long as some new player, maybe China, will enter the market.
Could happen tomorrow, could happen in a year or two. Stay tuned for more updates on the ongoing shit show.
And I feel like this war with Iran will just accelerate it. Lots of AI investment come from Arab countries, right? The ones who are suffering the damage from the war that Israel started because of their alliances.