neidu2@feddit.nl to Ask Lemmy@lemmy.world · 2 months ago"During a gold rush, sell shovels" - What are some other examples of this?message-squaremessage-square58fedilinkarrow-up181arrow-down15file-text
arrow-up176arrow-down1message-square"During a gold rush, sell shovels" - What are some other examples of this?neidu2@feddit.nl to Ask Lemmy@lemmy.world · 2 months agomessage-square58fedilinkfile-text
A couple of others I can think of: Crypto-boom of 2016ish: GPUs/mining rigs LLM/AI hype nowish: User generated data 90’s dotcom bubble: Server space
minus-squareneidu2@feddit.nlOPlinkfedilinkarrow-up14·2 months agoI was thinking that, but figured I’d go for input data instead for the sake of variation.
minus-squareours@lemmy.worldlinkfedilinkarrow-up6·2 months agoCan’t sell something they can easily steal and get away with it.
minus-squareMuffi@programming.devlinkfedilinkarrow-up3·2 months agoI can’t wait for the bubble to burst, so we can finally get affordable GPU’s again
minus-squareours@lemmy.worldlinkfedilinkEnglisharrow-up4·2 months agoAffordable GPUs is a thing of the past I’m afraid. Bubble or not I’m afraid they will never come down.
minus-squareelucubra@sopuli.xyzlinkfedilinkarrow-up3·2 months agoThey wont come down. Prices are upwardly sticky. Nvidia and the rest have seen that people will pay those inflated prices, so they have no incentive to lower them
minus-squareLifeInMultipleChoice@lemmy.worldlinkfedilinkarrow-up3·2 months agoIt’s been what, 10 years? It wasn’t AI that jumped up the prices, before it was crypto, After this it will be something else.
LLM/AI: also GPUs.
I was thinking that, but figured I’d go for input data instead for the sake of variation.
Can’t sell something they can easily steal and get away with it.
I can’t wait for the bubble to burst, so we can finally get affordable GPU’s again
Affordable GPUs is a thing of the past I’m afraid. Bubble or not I’m afraid they will never come down.
They wont come down. Prices are upwardly sticky. Nvidia and the rest have seen that people will pay those inflated prices, so they have no incentive to lower them
It’s been what, 10 years? It wasn’t AI that jumped up the prices, before it was crypto, After this it will be something else.