Thread

1. glimshe · 1790712211 · focus · HN ↗

   Should we blame this on memory companies or the AI companies bidding for memory? How should the memory companies have acted differently?

   1. swdev281634 · 1790713778 · focus · HN ↗

      I think the epic mistake was made by investors and executives who bought tales about imminent super-intelligence about to displace millions of knowledge workers from entire industries replacing them with AI datacentres.

      These people are the main reason why AI companies have unlimited funding, and can afford to buy global RAM supply for years in the future despite their expenses exceed revenue by billions.

      1. dist-epoch · 1790715963 · focus · HN ↗

         The same thing was said 4 years ago about NVIDIA on HN, that it's stock it's outrageously overpriced, given it's $20 bln revenue, that it should have at least 10 times more revenue to justify that stock price, which is fantasy, that there is no plausible way for such demand no matter what you think about GPT-2.

         1. elzbardico · 1790718181 · focus · HN ↗

            The market can remain irrational far longer than you can stay solvent.

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