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> If the AI bubble bursts, people will use the available GPUs for something else. Yes, of course, but that just means that this bubble would be basically ident
by hn_throwaway_99 2y ago
> If the AI bubble bursts, people will use the available GPUs for something else.
Yes, of course, but that just means that this bubble would be basically identical to previous capital intensive bubbles. For example, there was a railroad bubble in the 1800s, and a massive telecom bubble in the late 90s. These bubbles popped, resulting in massive corporate bankruptcies and failed companies. But the infrastructure they built (miles and miles of railroad and dark fiber, which has since been lit up) laid the foundation for huge economic development shortly thereafter.
- marcosdumay 2y agoThe relevant part is that no, the steel industry didn't break when the railroad bubble burst. Nvidia is not the train company on that scenario.
- philistine 2y agoThe railroad built during the bubble in the 1800s, like 90% of it is decommissioned. It served no sustainable economic benefit, as most of it was last mile railroad that quickly got consolidated into trunks. If the US had maintained and kept the rail it built, it wouldn’t have the poor infrastructure it has right now.
- bogwog 2y agoI hope the bankruptcies start soon so I can buy me some H200s for cheap on eBay