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Lots of warning signs here, good on GS to call it out [1] virtually one supplier in the mix (NVidia) [2] Costly ops not returning good value [3] Signal-to-no
by tomrod 2y ago
Lots of warning signs here, good on GS to call it out
[1] virtually one supplier in the mix (NVidia)
[2] Costly ops not returning good value
[3] Signal-to-noise is extremely low in the GenAI services space, where Blockchain grifters moved following the notional collapse
- Juliate 2y agoAnd [4] Energy-hungry, already breaking green transition targets, and already becoming an issue for arbitration (as to what goes to IT/AI, and what goes to supporting existing life/society-critical systems). Blockchains, crypto and NFTs had the same red flags, just without anything as demonstrable as ChatGPT or image/video/music generation.