4 ms·

That is another victim of all hardware being hoovered up by AI fraudsters. People need to go to the classic class warfare methods: - Do not buy anything new,

That is another victim of all hardware being hoovered up by AI fraudsters. People need to go to the classic class warfare methods: - Do not buy anything new, especially graphics cards. Buy on Ebay but avoid bidding wars. - Use adblockers and do not pay for any company's services if the company promotes AI. - If it is true that Nintendo is lobbying against AI in Japan, still buy Nintendo of course. The AI people think they don't need us, let their stocks crash.

falcor84 5mo ago
> Do not buy anything new, especially graphics cards. Buy on Ebay but avoid bidding wars. And what then? If you did manage to convince everyone to stop buying consumer graphics cards, wouldn't Nvidia just reasonably dedicate 100% of its resources to AI?
- johnnyanmac 5mo ago
  If we got even 10% to stop buying we'd be in a good place. 20% would cause a panic. Nvidia may not focus on consumers right now, but it's still a huge chunk to have wither away. If we all 100% could coordinate anything, we'd fix so many issues overnight. Meanwhile, societal change starts to happen when a mere 4% of a population start to be aware and protest.
Jolter 5mo ago
Classic class warfare. ”Buy on eBay”. Sure worked for the bolsheviks!
ymolodtsov 5mo ago
I assume by "AI fraudsters" you mean companies whose product are in extremely high demand by everyone.
- pjc50 5mo ago
  Just because something is heavily in demand doesn't mean it's not fraudulent.
  - parasubvert 5mo ago
    Generally speaking, that's incorrect. That's like saying "I don't like cars, and don't see the value in cars, therefore the market for cars is fraudulent". In AI, buyers are getting what they want. The demand is real. YOU might not value what they're getting, but that doesn't make it fraudulent. This is why people misunderstand why AI isn't a bubble. A bubble is asset prices rising due to speculative demand far beyond what the actual demand is. AI - specifically chip and memory markets feeding AI - is a demand shock on par with World War 2 in its impact. NVIDIA is legitimately forecasting demand of $1 trillion in their chips+memory by the end of 2027. This is actual, real, shipping physical product: not vapor, not something that will disappear, not something that will "crash" suddenly. Yes, there is some speculation among AI providers training new models in the race to AGI, but that is not the majority of demand, inference is 65-80% of demand. If the current pace of training slows, that excess capacity for training will get easily sorted out through resale markets. The world has changed.
    - qlart 5mo ago
      There are circular deals, the product is heavily subsidized. Managers are promised the moon and are deceived about the actual capabilities of the product. Mythos is marketed like a nuclear weapon to make people jealous. AI model government approval is floated, perhaps in preparation for a government bailout justified by "national security". Kushners are invested in OpenAI. There is a lot of fraud going on. > This is actual, real, shipping physical product: not vapor, not something that will disappear, not something that will "crash" suddenly. "Not X, not Y, not Z, just A" works better than "Actually A, not X, not Y, not Z".
    - choo-t 5mo ago
      > Generally speaking, that's incorrect. That's like saying "I don't like cars, and don't see the value in cars, therefore the market for cars is fraudulent". It's arguable that the car market is indeed fraudulent and the result of years of lobbying, destroying public transportation and car-centric architectures.
      - 5mo ago
- rchaud 5mo ago
  What's high in demand is supply infrastructure, i.e. GPUs and RAM, purchased with borrowed money. Actual end-user customer demand is an entirely separate question. Nobody is selling AI services at anywhere near what it costs to supply. Nintendo doesn't run on VC money so it can't subsidize its products the way Anthropic and co. can.
egormakarov 5mo ago
Pokémon Land/Factories
parasubvert 5mo ago
The AI people do not need you.

falcor84 5mo ago

> Do not buy anything new, especially graphics cards. Buy on Ebay but avoid bidding wars. And what then? If you did manage to convince everyone to stop buying consumer graphics cards, wouldn't Nvidia just reasonably dedicate 100% of its resources to AI?

johnnyanmac 5mo ago
If we got even 10% to stop buying we'd be in a good place. 20% would cause a panic. Nvidia may not focus on consumers right now, but it's still a huge chunk to have wither away. If we all 100% could coordinate anything, we'd fix so many issues overnight. Meanwhile, societal change starts to happen when a mere 4% of a population start to be aware and protest.

Jolter 5mo ago

Classic class warfare. ”Buy on eBay”. Sure worked for the bolsheviks!

ymolodtsov 5mo ago

I assume by "AI fraudsters" you mean companies whose product are in extremely high demand by everyone.

pjc50 5mo ago
Just because something is heavily in demand doesn't mean it's not fraudulent.
- parasubvert 5mo ago
  Generally speaking, that's incorrect. That's like saying "I don't like cars, and don't see the value in cars, therefore the market for cars is fraudulent". In AI, buyers are getting what they want. The demand is real. YOU might not value what they're getting, but that doesn't make it fraudulent. This is why people misunderstand why AI isn't a bubble. A bubble is asset prices rising due to speculative demand far beyond what the actual demand is. AI - specifically chip and memory markets feeding AI - is a demand shock on par with World War 2 in its impact. NVIDIA is legitimately forecasting demand of $1 trillion in their chips+memory by the end of 2027. This is actual, real, shipping physical product: not vapor, not something that will disappear, not something that will "crash" suddenly. Yes, there is some speculation among AI providers training new models in the race to AGI, but that is not the majority of demand, inference is 65-80% of demand. If the current pace of training slows, that excess capacity for training will get easily sorted out through resale markets. The world has changed.
  - qlart 5mo ago
    There are circular deals, the product is heavily subsidized. Managers are promised the moon and are deceived about the actual capabilities of the product. Mythos is marketed like a nuclear weapon to make people jealous. AI model government approval is floated, perhaps in preparation for a government bailout justified by "national security". Kushners are invested in OpenAI. There is a lot of fraud going on. > This is actual, real, shipping physical product: not vapor, not something that will disappear, not something that will "crash" suddenly. "Not X, not Y, not Z, just A" works better than "Actually A, not X, not Y, not Z".
  - choo-t 5mo ago
    > Generally speaking, that's incorrect. That's like saying "I don't like cars, and don't see the value in cars, therefore the market for cars is fraudulent". It's arguable that the car market is indeed fraudulent and the result of years of lobbying, destroying public transportation and car-centric architectures.
    - 5mo ago
rchaud 5mo ago
What's high in demand is supply infrastructure, i.e. GPUs and RAM, purchased with borrowed money. Actual end-user customer demand is an entirely separate question. Nobody is selling AI services at anywhere near what it costs to supply. Nintendo doesn't run on VC money so it can't subsidize its products the way Anthropic and co. can.

egormakarov 5mo ago

Pokémon Land/Factories

parasubvert 5mo ago

The AI people do not need you.