MalReynolds
@MalReynolds@piefed.social
- Comment on 'Big Short' Michael Burry bets $1bn on AI bubble bursting | LBC 2 weeks ago:
A thing they already had and this doesn’t help with
Sorry to necro, but I guess that should have been
governments wanting plausibly deniable, legal implication free, actionable intelligence
as to the others, valid enough, though I doubt they’ll be burning out chips (if you cool them properly and server farms do, they become outdated far before they die, even @ <4nm…). Ponzi, yup, sure is, in spades, but that’s the finance game now.
- Comment on 'Big Short' Michael Burry bets $1bn on AI bubble bursting | LBC 3 weeks ago:
While I want both to be true, he’s betting against governments wanting actionable intelligence on each and every citizen (although the moat there is shallow, easy for someone else to start a race to the bottom) and massively parallel processors becoming less valuable (remember how smoothly they switched from crypto to AI?, remember when you could buy a gaming video card for less than the rest of your computer, likely another bubble in the wings) plus the whole circular investment is propping up the entire US economy situation, the epitome of too big to fail (without the whole US economy going tits up, which given the current situations is distinctly possible). Actually 8:2 sounds ballpark, but I doubts he’s not hedging his bets.