I see lots of talk on Lemmy about the AI bubble bursting. That AGI isn’t going to happen in the near-term, maybe it won’t ever happen. And so the the AI bubble will burst; ala the dot-com bubble.

But what exactly will burst? OpenAI and Claude? Those are private companies so maybe they will downsize or merge, but that’s not a bubble? NVIDIA & Microsoft? I don’t really see those companies imploding. They have a pretty large and diversified customer base. Besides, Apple and AWS are already moving away from NVIDIA by making their own hardware. I genuinely don’t understand where the big implosion is. Can someone help me understand this?

ETA: Is there an example analogous to pets.com for this AI bubble?

  • iii
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    1 month ago

    I remember when I was arguing “It’s not ‘learning’, it’s algebra”.

    Now the hype has gone from learning to intelligence.

    It’s still algebra.

    • xmunk@sh.itjust.works
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      1 month ago

      Well yeah - but technically everything is just algebra.

      If it happens on a computer, it can be expressed in s expressions.

      • iii
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        1 month ago

        Sure, but I do think there’s a difference between your message arriving here, and MNIST recognition algorithms.