Comment on love is not a crime
Stormy@thelemmy.club 1 day ago
Why is the internet so obsessed with this.
1), weʻre hogs for drama and have goldfish memories
2), for-profit media responds to this, creating a feedback which rewards the feedback loop
3), heʻs one of the most powerful people on the planet in the midst of one of the biggest bubbles (potentially) in history, in a time where wealth inequality is greater than the gilded age. it would be ridiculous NOT to be paying attention to something as potentially consequential as this.
The wild thing is that people were wondering what would happen if one of the AI companies like Anthropic failed, and that such a thing might pop the whole AI bubble.
Instead, you’ve got the core hardware supplier/financier for AI who has been holding a gun to the entire supply chain being the one who finds themselves in trouble.
Yeah this is like, 10x worse.
Can’t do shit about it, grab the popcorn and watch the show.
funi
SpruceBringsteen@lemmy.world 1 day ago
Because NVIDIA is the linchpin of the overextended AI buildout and it turns out they’ve been knowingly sidestepping sanctions. Which in turn helps explain why Ukraine keeps finding NVIDIA AI chips in Russian drones.
Huge percent of the recent stock market gains from the last year were due to AI up until this week. And it was NVIDIA who was floating the cash to keep things buoyant in a lot of cases.
Windex007@lemmy.world 1 day ago
That’s one angle, and by now after all these years it’s probably aged-into the biggest thing…
But I think there is another angle too…
Once upon a time, nvidea was making hardware for gaming PCs. Seems like a distant memory, and my elder millennial bones creaking can probably be heard by my “OK
boomermillennial” comment but:Friggen crypto came along and nvidea was like “we’ll follow the money: fuck our old gaming customers”. That hurt. Then, right when it looked like that was gonna blow over… LLMs. Dovetailed right back to: “we’ll follow the money, fuck all our old gamer customers”
For all us who just got buttfucked by our old bff, it’s a guilty pleasure.
SkyeStarfall@lemmy.blahaj.zone 16 hours ago
Why did people expect a company to ever not follow the money? It’s literally the basic of the global socioeconomic system. Companies have no loyalty, and will never have it
Windex007@lemmy.world 15 hours ago
Nobody ever expected that.