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And it's not like we haven't seen this situation before... we only need to look at how online shopping hurt purely brick and mortar retail stores....AI replacing staff, nobody has earnings then to buy stuff, AI just sits there and doesn't make money and the CEO's all scratch their heads what went wrong.
ROFL. The 'technology' was there then, or do you think computers have only been invented in the last 20 years or something.LOL. Bit of a difference between then and now, the technology is here now to have an actual impact on "everything", again, hence why any company that has the money are investing a huge chunk of change into it, lots of ceos are seeing the cost saving figures behind implementing ai to layoff staff, why pay employees when you can cut your operating costs and get ai to do, not just a better job but more consistently and far more efficient.
The only way AI will get scrapped is if the laws get very strict around it and potentially the likes of openai has to leave the market as is potentially going to happen with EU or/and more sites start restricting the use of their data being scraped to assist in the machine learning (although this doesn't mean ai will get binned entirely, instead, more companies are wanting their own internal version not for public/external use).
ROFL. The 'technology' was there then, or do you think computers have only been invented in the last 20 years or something.
I have to ask but how long have you been involved in IT?
Nvidia becomes the first semiconductor company to break the $1 trillion barrier.
Nvidia Breaks the $1 Trillion Market Cap Threshold
Nvidia becomes the first chipmaker to break the $1 trillion barrier.www.tomshardware.com
Nvidia becomes the first semiconductor company to break the $1 trillion barrier.
Nvidia Breaks the $1 Trillion Market Cap Threshold
Nvidia becomes the first chipmaker to break the $1 trillion barrier.www.tomshardware.com
Here you go again with your usual strawman arguments, where did i say anything about "putting ai from back then against what we have now" other than in your imagination? Seriously how weak must your rebuttals be to constantly strawman people and throw around ad hominem attacks at any and all.You are seriously putting ai from back then against what we have now.... another clear sign you don't work in the industry or are junior level or rather apprentice level
Let me ask you, is there something you know that these well established companies who are pouring billions into AI don't know about? Clearly they need your expert industry opinion...
Also if you worked in development, you wouldn't be calling it IT Maybe if you work 1st level support back in the 90s, this makes sense why you call it IT....
Someone need to learn what stock markets are and how they often bear little relation to the actual value of companies.But but but Jenson and Nvidia don't know what they're doing
To be fair you could argue Nvidia are being incredibly lucky with being in the right place at the right time.... however I will give them credit for cuda being an easy to understand gpu transferable coding model that is the core of a lot of the AI software at the moment, until of course the dedicated hardware comes out just like it did with crypto and we watch their stocks fall again. In all honestly AMD could likely do the same if they didn't rely on opencl and had a more user friendly software stack...But but but Jenson and Nvidia don't know what they're doing
Here you go again with your usual strawman arguments, where did i say anything about "putting ai from back then against what we have now" other than in your imagination? Seriously how weak must your rebuttals be to constantly strawman people and throw around ad hominem attacks at any and all.
I've not pretended to 'know' anything, unlike you. I've simply stated the fact that we've seen AI booms & busts at least twice in the history of computers and nobody knows if this will turn out to be another, all the evidence seems to point towards it being just that but we'll have to wait and see.
What would you like me to call it then oh lord & master.It's not gone unnoticed BTW that you failed to address the salient point and instead choose to throw another red herring out there.
Someone need to learn what stock markets are and how they often bear little relation to the actual value of companies.
Maybe this time around it will be different but if *history is anything to go by i don't hold out much hope.
*Just like VR and 3D displays AI has been done in the past and never taken off, in fact there's been two AI winters (1974–1980 & 1987–1993).
If will likely also be the first to go from $1 trillion to $100 billion valuation
Someone need to learn what stock markets are and how they often bear little relation to the actual value of companies.
To be fair you could argue Nvidia are being incredibly lucky with being in the right place at the right time.... however I will give them credit for cuda being an easy to understand gpu transferable coding model that is the core of a lot of the AI software at the moment, until of course the dedicated hardware comes out just like it did with crypto and we watch their stocks fall again. In all honestly AMD could likely do the same if they didn't rely on opencl and had a more user friendly software stack...
Essentially their stocks are incredibly volatile, bit like crypto and arguably AI, which might get seriously impacted by legislation.
Oh and it's stocks which is more about getting people rich on speculation than anything else these days.
They also have a new record to break too.. Elon Musk's..
We shall have to wait and see.. The Dot com bubble did help with building the internet as we know it but left a lot of people broke and economies around the world shaken. Lets hope they learned from them mistakes...
No doubt we will see the stocks come down once the "hype" does die down and more companies get involved but to think the bubble for AI will burst completely is just delusional. There is no doubt going to be a lot of legislation around it, I suspect it will be more from companies themselves though for the reasons noted in my above post than for the good of the "people" so to speak.
I'm firmly one who would like ai to fail or at least be very strictly monitored as whilst it has the potential to do a lot of good (experts are even saying, this is likely going to be able to assist in finding the final cure for cancer and the likes), the ultimate long term is incredibly bleak.
I agree but I don't think we can do anything about it, as I've said before even if the entirety of OcUK boycotts them it would only hurt OcUK not Nvidia, more to the point, how much does Nvidia really care about desktop sales? I'm asking as I really don't know but I get the impression they can do whatever the hell they want, would love to be wrong though.But again, how are people going to force that change? By buying more nvidia products? Honestly, it just screams to me that some posters in here want to be able to buy nvidia products for cheaper but problem is, they are pointing the fingers at the wrong companies, amd, intel need to do better, if they did, we wouldn't be in this situation where nvidia are dominating, again, clearly amd, intel aren't providing an option given same old posters keep on buying nvidia products and not considering amd, intel, although tbf, tommy has finally made the move, he can finally sleep better at night
A couple of folk who are crying over the price of nvidia 40xx gpus have got 3090s The main crying point is about nvidia profit margins now and arguably, the 3090 is by far the worst for this yet those vocal users supported this by opening their wallet to Jenson, same to those who paid for titans and so on.
I agree, the prices are a joke for everything below flagship (same goes for amd too) but again, vote with your wallet.....
There is a lot of good that can come out of A.I I agree especially in medicine & science, but there is also a lot of bad too in the wrong hands, so we must step with care with this technology when it really becomes mature. So far it is nothing more than a new toy we are learning to use and find applications for, also it is still very early stages to even class it in some cases as true A.I, but time and technology advancements will fix that hurdle too.
A.I is coming.. like it or not.. I actually like it but also fear it in the wrong hands.. All the movies about A.I will become true in time (if we don't end our existence before that with wars or diseases), then can we really call it A.I or new lifeform and a sentient one like us ? ( I know still sci-fi but so was star treks communicator (aka the mobile phone now) ) .
Read this today, some of the top people in tech are very worried about it too :-
Artificial intelligence could lead to extinction, experts warn
Heads of OpenAI, Google Deepmind and Anthropic say the threat is as great as pandemics and nuclear war.www.bbc.co.uk
I agree but I don't think we can do anything about it, as I've said before even if the entirety of OcUK boycotts them it would only hurt OcUK not Nvidia, more to the point, how much does Nvidia really care about desktop sales? I'm asking as I really don't know but I get the impression they can do whatever the hell they want, would love to be wrong though.
I did, I'm not buying anything unless my current card breaks or I trip and fall on a 4K monitor.
We frame it negatively but when a bubble pops that's the market correcting to what it's actually worth.We shall have to wait and see.. The Dot com bubble did help with building the internet as we know it but left a lot of people broke and economies around the world shaken. Lets hope they learned from them mistakes...
Do it but do it with your eyes wide open. I remember the dot com bubble and normies remortgaging their houses to buy "sure thing" stocks and losing the lot. The big players, the savvy investors all win at the price of the average person. People fall into the same trap every time, because "this time it's different"We frame it negatively but when a bubble pops that's the market correcting to what it's actually worth.
It's hard to really criticise someone for not chasing after the next big thing when everyone else is making a killing doing it though.