Is AI Profitable Yet?
I mean, for Nvidia, I guess?
"At this point, it doesn’t matter if tech executives and VCs believe their own hype and wild claims about what’s next for AI — though I firmly believe that they genuinely buy into the things they’re preaching and chugging their own kool aid — because they’ve made the grand pronouncements, they started their cults, and they promised a future of AGI-powered wonder. They sold equity to investors who give them billions every year, and those investors now expect steady double-digit percentage returns."
A fun (and hopefully concerning) take on the AIification of everything.
Excellent simple breakdown of why pretty much all crypto is complete nonsense.
Was at https://www.stephendiehl.com/blog/nothing-burger.html but got deleted.