Comment by EA-3167
5 hours ago
Not at all, I’m going to relax with a cooling drink and watch the consequences of this unbelievably destructive and wasteful venture implode. I also adore the idea that it's on the customer to be "fair" to a company that dumped us a group in favor of chasing B2B money.
Their choice, their consequences.
I think they're talking about the past: memory has often been boom/bust. Memory manufacturers lose money during gluts, and did so long before AI. People benefited from cheap prices at that time.
Internet is a fad, it will implode at any moment.
In fact as a business opportunity it did just that because the massive investment in the mid-late 1990's was without anything like a connection to profitability or sustainable demand. It took years after that crash for the concept of e-commerce to begin both a recovery and evolution into what we see today.
I expect something similar for AI. It's useful tech... just not very profitable tech, and certainly not to the tune of trillions of dollars worth of public demand. The promises of superintelligence, replacing everyone, and the rest of the hype will die with the companies who made the promises, but the tech will survive and thrive.
>The promises of superintelligence, replacing everyone, and the rest of the hype will die with the companies who made the promises
The hype will die but there are many reasons why super intelligence and robots are a separate entity from said hype.
Look, back a few decades and tell someone our gdp would be in the trillions and it's likely they'd have a hard time believing you. A huge portion of our products that we use day to day would be complete science fiction to them.
All we're negotiating at this point is the timescale it will take.
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