The losses will continue until the product improves (I wish). I do think that AI has a future, but im not sure where the cross of price point and value actually intersects. It's certainly not...
The losses will continue until the product improves (I wish).
I do think that AI has a future, but im not sure where the cross of price point and value actually intersects. It's certainly not where the overhyped market has set it.
To be honest, AI has a past and a future... just not LLMs or GenAI or AGI. AI for things like spotting tumors in early stage cancer, parsing telemetry and photography and other data from space,...
To be honest, AI has a past and a future... just not LLMs or GenAI or AGI. AI for things like spotting tumors in early stage cancer, parsing telemetry and photography and other data from space, and even AI for certain robotics applications absolutely have a future.
I mean this is sorta splitting hairs and the whole problem with AI and I kinda disagree with grouping those semantics. AGI isn't even on the table in the slightest, GenAI seems ill defined, and...
I mean this is sorta splitting hairs and the whole problem with AI and I kinda disagree with grouping those semantics. AGI isn't even on the table in the slightest, GenAI seems ill defined, and LLMs do have a use, just it's questionable where it's an actually economic use.
We've always had good algorithms to improve or identify things like in the cases you've suggested. AI has helped generate better ones, and made certain dynamic ones much more powerful.
The question is how much do you "keep" after discovery and how much continues to be dynamic and how much processing power does that require.
If bouncing tech support questions off GPT/CoPilot is going to cost $1000 a year subscription (that's currently being subsidized to hell so people get used to it) that's going to VASTLY limit it's real applications. I actually think the kind of AI we're seeing is nearly useless for robotics because the novel solutions it's brought about really don't change the "brute force the hell out of things and remember the results" methods we still use for robotics.
The article is trying to drive a narrative that I don't think really exists. These are the companies with drops I wouldn't call any of these primarily "AI". nVidia is probably the closest, but as...
The article is trying to drive a narrative that I don't think really exists. These are the companies with drops
Collectively, the drop this week in shares of Microsoft, Nvidia, AMD, Palantir, Oracle and Instagram owner Meta Platforms has erased more than $820 billion of market value.
I wouldn't call any of these primarily "AI". nVidia is probably the closest, but as the article also notes, what's really driving stock prices down is the continuing government shutdown. Not anything specific to "AI".
Nvidia stock has increased about 10x since ChatGPT released. I would say that MOST of those gains were based on their involvement in AI. They're primarily an AI company at this point. The other...
Nvidia stock has increased about 10x since ChatGPT released. I would say that MOST of those gains were based on their involvement in AI.
I do not think it's correct to say that nvidia and AMD aren't having absurdly high prices because of AI. They are absolutely a part of AI stocks given that they are the literal bottlenecks to even...
I do not think it's correct to say that nvidia and AMD aren't having absurdly high prices because of AI. They are absolutely a part of AI stocks given that they are the literal bottlenecks to even rolling one out.
Stock market growth has been exclusively in the AI space for a couple of months now. All of those names are at least partially into AI. It's genuinely not outside the realm of possibilities that a...
Stock market growth has been exclusively in the AI space for a couple of months now. All of those names are at least partially into AI. It's genuinely not outside the realm of possibilities that a bit of that bloat has been corrected downwards.
Each crisis that doesn't end with the supposedly life altering tech altering life and solving it somehow is another mark against the AI investments these companies are making.
Additionally, that list of companies.. they are all intertwined in a near circular investment scheme between each other.
The thing is, most studies haven't supported the supposed productivity increases... Some deep learning models like AlphaFold are extremely good at figuring out protein patterns, but that didn't...
The thing is, most studies haven't supported the supposed productivity increases...
Some deep learning models like AlphaFold are extremely good at figuring out protein patterns, but that didn't kill the demand for biology and biochemistry.
Even if the productivity increases are real, that's only a problem if the demand is fully satisfied. Increased productivity should increase the total "supply" of labor. For example, factories massively increase productivity, yet the number of jobs increase too during industrialization.
The S&P 500 posted a loss of 1.6% this week. The broad-based index broke its streak of three weeks of gains.
For the year, the Nasdaq and S&P are still holding on to substantial double-digit gains.
Markets have been led lower primarily by companies connected to the artificial intelligence boom. Collectively, the drop this week in shares of Microsoft, Nvidia, AMD, Palantir, Oracle and Instagram owner Meta Platforms has erased more than $820 billion of market value.
Nvidia declined 7%, while Oracle, which provides cloud computing services for AI software developers, dropped 8.8%, as did chipmaker AMD. Meta and Microsoft tumbled around 4% this week.
Super Micro Computer, which sells servers and equipment that cloud computing providers use for AI, plunged 23% this week and was the worst performing stock in the S&P 500 for the five-day frame.
The losses will continue until the product improves (I wish).
I do think that AI has a future, but im not sure where the cross of price point and value actually intersects. It's certainly not where the overhyped market has set it.
To be honest, AI has a past and a future... just not LLMs or GenAI or AGI. AI for things like spotting tumors in early stage cancer, parsing telemetry and photography and other data from space, and even AI for certain robotics applications absolutely have a future.
My favorite is reducing deviations in plasma containment for sustained fusion.
I mean this is sorta splitting hairs and the whole problem with AI and I kinda disagree with grouping those semantics. AGI isn't even on the table in the slightest, GenAI seems ill defined, and LLMs do have a use, just it's questionable where it's an actually economic use.
We've always had good algorithms to improve or identify things like in the cases you've suggested. AI has helped generate better ones, and made certain dynamic ones much more powerful.
The question is how much do you "keep" after discovery and how much continues to be dynamic and how much processing power does that require.
If bouncing tech support questions off GPT/CoPilot is going to cost $1000 a year subscription (that's currently being subsidized to hell so people get used to it) that's going to VASTLY limit it's real applications. I actually think the kind of AI we're seeing is nearly useless for robotics because the novel solutions it's brought about really don't change the "brute force the hell out of things and remember the results" methods we still use for robotics.
The article is trying to drive a narrative that I don't think really exists. These are the companies with drops
I wouldn't call any of these primarily "AI". nVidia is probably the closest, but as the article also notes, what's really driving stock prices down is the continuing government shutdown. Not anything specific to "AI".
Nvidia stock has increased about 10x since ChatGPT released. I would say that MOST of those gains were based on their involvement in AI.
They're primarily an AI company at this point.
The other companies, sure, but some of them are definitely primary players in the AI space (like Microsoft) even if they aren't primarily AI.
I do not think it's correct to say that nvidia and AMD aren't having absurdly high prices because of AI. They are absolutely a part of AI stocks given that they are the literal bottlenecks to even rolling one out.
Stock market growth has been exclusively in the AI space for a couple of months now. All of those names are at least partially into AI. It's genuinely not outside the realm of possibilities that a bit of that bloat has been corrected downwards.
Each crisis that doesn't end with the supposedly life altering tech altering life and solving it somehow is another mark against the AI investments these companies are making.
Additionally, that list of companies.. they are all intertwined in a near circular investment scheme between each other.
It could be unrelated but I honestly doubt it.
Compound that with the job losses it brings and things get a lot more complicated.
The thing is, most studies haven't supported the supposed productivity increases...
Some deep learning models like AlphaFold are extremely good at figuring out protein patterns, but that didn't kill the demand for biology and biochemistry.
Even if the productivity increases are real, that's only a problem if the demand is fully satisfied. Increased productivity should increase the total "supply" of labor. For example, factories massively increase productivity, yet the number of jobs increase too during industrialization.