• Bazell@lemmy.zipEnglish
    0·
    22 days ago

    These are dark times. Either they end very quickly and suddenly with loud pop or last long enough for us to see new production lines appear and enough chips being produced again.

    • OrganicMustard@lemmy.worldEnglish
      0·
      22 days ago

      Investors have way too much money and hype for AI. Even when production is scaled up they are going to keep outbuying regular customers until they run out of money in some years.

      • Valmond@lemmy.dbzer0.comEnglish
        0·
        22 days ago

        I wonder where all the money go in the end. Does it just vanish in thin air or are loads of subcontractors getting it?

        • anton@lemmy.blahaj.zoneEnglish
          1·
          22 days ago

          It gets turned into warm air, literally.
          They spend billions on electricity, so the money goes to power companies, but the value goes to waste (heat).

        • ratsnake@lemmy.blahaj.zoneEnglish
          1·
          22 days ago

          It goes into the pockets of the people who cashed into the bubble early, and cash out before it bursts. Just like it was with crypto.

        • Emi@ani.socialEnglish
          1·
          22 days ago

          I don’t understand money at all. To me they are just imaginary numbers.

        • FreddiesLantern@leminal.spaceEnglish
          1·
          22 days ago

          I speculate/imagine it probably loses most of its value. All those GPU’s and ram will sit there unused so they’ll probably try to repurpose them or sell them. Second hand stuff loses its value.

          All the rest will get lost in a shitstorm of a bunch of rich assholes doing the most intimate thing they will ever know=> suing each other and grabbing as much as they can.