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Poor choice of examples. Bitcoin at $71k is hardly a flop. That was a term coined by stephenson during the early web, 1992. Virtual worlds are still extremely

Poor choice of examples. Bitcoin at $71k is hardly a flop. That was a term coined by stephenson during the early web, 1992. Virtual worlds are still extremely popular.

aprilthird2021 2y ago
If you want to argue and pretend there weren't tons and tons of companies and technical products tied to both cryptocurrency and VR/AR lately that absolutely flopped despite being technically unique and innovative by cherry picking things that would have been sound investments back then and ignoring the myriad ways you'd have lost money or the fact that Bitcoin has less usefulness as a technology now than when it was hyped, fine
- latchkey 2y ago
  Are you really trying to argue that all companies in a space need to succeed, for the space to be successful? As for bitcoin itself, people and companies have hyped it for their own benefit, but bitcoin itself isn't a company, and therefore isn't hyped. It is one technology that lives on its own and survives primarily because of the will of the people that choose to participate in it.
  - aprilthird2021 2y ago
    No I'm not arguing that. It should be obvious
- Jlagreen 2y ago
  Correct, so it's impossible to determine the winners and losers in AI. But no matter what all the companies will do with AI, they will all need AI computing. So it's not so difficult to predict that Nvidia will be a clear winner. Nvidia has had competition for 8 years in the AI space. Their market share today is more dominant than it ever used to be. Probably, Nvidia has already won because of 5 million CUDA developer who will hardly switch to other platforms. It's basically Windows SDK and Apple/Android SDK reloaded.
  - aprilthird2021 2y ago
    > But no matter what all the companies will do with AI, they will all need AI computing. They may not. Like I said before, there have been many very innovative technologies that did not see uptake by the general public as was expected (VR, cryptocurrency). AI could be the next cloud computing that every company pays for but which eventually commoditized down to a relatively low margin business. It could be something Nvidia strangleholds and milks money out of for decades with little competition like Facebook with social media, or it could be something people don't reach for as much as we thought they would. We don't know yet

Poor choice of examples. Bitcoin at $71k is hardly a flop. That was a term coined by stephenson during the early web, 1992. Virtual worlds are still extremely popular.

aprilthird2021 2y ago

If you want to argue and pretend there weren't tons and tons of companies and technical products tied to both cryptocurrency and VR/AR lately that absolutely flopped despite being technically unique and innovative by cherry picking things that would have been sound investments back then and ignoring the myriad ways you'd have lost money or the fact that Bitcoin has less usefulness as a technology now than when it was hyped, fine

latchkey 2y ago
Are you really trying to argue that all companies in a space need to succeed, for the space to be successful? As for bitcoin itself, people and companies have hyped it for their own benefit, but bitcoin itself isn't a company, and therefore isn't hyped. It is one technology that lives on its own and survives primarily because of the will of the people that choose to participate in it.
- aprilthird2021 2y ago
  No I'm not arguing that. It should be obvious
Jlagreen 2y ago
Correct, so it's impossible to determine the winners and losers in AI. But no matter what all the companies will do with AI, they will all need AI computing. So it's not so difficult to predict that Nvidia will be a clear winner. Nvidia has had competition for 8 years in the AI space. Their market share today is more dominant than it ever used to be. Probably, Nvidia has already won because of 5 million CUDA developer who will hardly switch to other platforms. It's basically Windows SDK and Apple/Android SDK reloaded.
- aprilthird2021 2y ago
  > But no matter what all the companies will do with AI, they will all need AI computing. They may not. Like I said before, there have been many very innovative technologies that did not see uptake by the general public as was expected (VR, cryptocurrency). AI could be the next cloud computing that every company pays for but which eventually commoditized down to a relatively low margin business. It could be something Nvidia strangleholds and milks money out of for decades with little competition like Facebook with social media, or it could be something people don't reach for as much as we thought they would. We don't know yet