Seems to me the rationale is flawed. Even if it isn't strong or general AI, LLM based AI has found a lot of uses. I also don't recognize the claimed ignorance among people working with it, about the limitations of current AI models.

Great!! ....I don't what chatGPT to go anywhere, I use it every day and Google has become assss.

Just put another number behind it. Luddites won't know the difference.

It'll implode but there are much larger elephants in the room - geopolitical dumbassery and the suddenly transient nature of the CHIPS Act are two biggies.

Third, high flying growth, blue sky darlings, they're flaky. In a downturn growth is worth 0 fucking dollars, throw that shit in a dumpster and rotate into staples. People can push off a phone upgrade or new TV and cut down on subscriptions, but they'll always need Pampers.

The thing propping up AI and semis is an arms race between those high flying tech companies, so this whole thing is even more prone to imploding than tech itself, since a ton of revenue comes from tech. Sensitive sector supported by an already sensitive sector. House of cards with NVDA sitting right at the tippy top. Apple, Facebook, those kinds of companies, when they start trimming back it's over.

But, it's one of those things that is anyone's guess. When you think it's not even possible for everything to still have steam one of the big guys like TSMC posts some really delightful earnings and it gets another second wind, for the 29th time.

Definitely a house of cards tho, and suddenly a lot more precarious because suddenly nobody knows how policy will affect the industry or the market as a whole

They say shipping is the bellwhether of the economy and there's a lot of truth to that. I think semis are now the bellwhether of growth. Sit back and watch the change in the wind

The tech priests of Mars were right; death to abominable intelligence.

It's gonna crash like a self driving tesla. It's gonna fall apart like a cybertrukkk.

Ya AI was never going to be it. But I wouldn’t understate its impact even in its current stage. I think it’ll be a tool that will be incredibly useful for just about every industry

supermicro's accountants have just resigned 🤭

I believe this about as much as I believed the "We're about to experience the AI singularity" morons.

Even Pied Piper didn’t scale.