The idea is to get everybody dependent upon it and then jack the prices way up. Seems to be the standard MO these days.
Huh, why is nvidia saying we should all be using it all the time again?
It's profitable for NVidia, because they're not actually doing anything with it, they're just selling all the hardware that everyone else needs.
Yes that was the joke
The only ones guaranteed to make money in a Gold Rush are the ones selling shovels.
That said, NVIDIA made the mistake of lending money and/or investing directly in the ones doing the "gold mining", so now they're heavilly exposed to the side of things that loses a lot of money when it turns out that it was all Fools' Gold.
When it comes to manias, some things are always the same.
Jensen seems to be concerned though about the bubble bursting. he probabl wont see immediate effect, but since he switched to mostly AI chip production/design, he will likely lose alot once it hits.
They kinda do, with their own models for upscaling and stuff integrated into videocard drivers, and it's not cheap or easy, but it's peanuts compared to what AI companies spend.
well the AI pretty much replaced ceos, they even talk like AI now.
Does anyone know what the graphs would look like if we removed the r&d cost?
I wonder if it would be profitable once they stop spending like crazy on developing new models.
Based on the recently leaked OpenAI figures, still not profitable but it's much closer. They would have lost $1.7B rather than $20.9B
I lol’d
Time to register isaiprofitableyet.com and put up a website with a single page that just says "No" in a large font?!
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