this post was submitted on 10 Jul 2026
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cross-posted from: https://toast.ooo/post/12317935

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[–] Iamaquantummechanic@lemmy.world 2 points 30 minutes ago

I sold all my funds today. Gonna hold on to my cash until this bubble bursts.

[–] thethunderwolf@lemmy.dbzer0.com 1 points 12 minutes ago
[–] samus12345@sh.itjust.works 10 points 1 hour ago (1 children)
[–] krisevol@lemmus.org 2 points 38 minutes ago (1 children)

Every bubble has created something we use every day. AI isn't going anywhere.

[–] JcbAzPx@lemmy.world 3 points 31 minutes ago (1 children)
[–] Jtotheb@lemmy.world 2 points 9 minutes ago

You bundle and sell subprime mortgages every day?

[–] arc99@lemmy.world 15 points 2 hours ago

I will happy when this bubble bursts. OpenAI, Grok and several other companies offer nothing substantive and if they're burning cash and disrupting economies then just die already.

[–] doingthestuff@lemy.lol 22 points 6 hours ago (13 children)

Any chance of a bunch of used gpus getting sold off from this?

[–] Jax@sh.itjust.works 5 points 1 hour ago

No, they're going to use the data centers for surveillance

[–] jj4211@lemmy.world 7 points 3 hours ago

Unfortunately they would broadly be systems that need about 15kw, and as part of a board that won't work as discrete parts.

So you get it, but you'll need a couple of 60 amp circuits to dedicate to it... Also you have no viable video out

[–] jabjoe@feddit.uk 4 points 2 hours ago

Might be like the AMD BC-250 discarded from crypto. Hopefully! https://bc250.info/

[–] Jaysyn@lemmy.world 3 points 3 hours ago* (last edited 2 hours ago) (1 children)

I was hoping the same, but have since been told by several people that know more about it than I do that they are useless for gaming.

[–] JcbAzPx@lemmy.world 2 points 29 minutes ago (1 children)

I wouldn't say entirely useless. They just aren't plug and play replacements.

[–] Jaysyn@lemmy.world 1 points 4 minutes ago

I hope you're right.

[–] Blackmist@feddit.uk 3 points 4 hours ago

Aren't they using low accuracy FP units that aren't suited for gaming anyway?

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[–] tristynalxander@mander.xyz 61 points 8 hours ago (17 children)

I'm really disappointed in this thread.

There are a number of people who are recommending buying their cheapest plan under the premise that it will put them under since it is a loss leader. Despite the popular fantasy, the rich and powerful are not stupid. You don't know more about a company or market from passively consuming headlines than the leadership of that company. So, I'll state the obvious: If you don't like a company or industry, the last thing you should do is give them your money.

I'm sure a bunch of people with excel sheets to monitor their credit card points will show up in the replies to argue about how it's theoretically possible, but I will reiterate: The leaders of the companies are not stupid. If they started seeing a net loss from their sales strategy, they'd change strategies.

[–] mr_satan@lemmy.zip 12 points 6 hours ago (2 children)

While I agree with not buying being better that giving them money. I can't agree with leadership being smart.

This thing was never going to be profitable. So they either:
a) they're actively malicious — they were never planning on profiting which means this is basically a pump and dump scheme capable of triggering some form of recession;
b) they're fucking morons for believing their own fantasies, which judging by their public appearances would track.

Former seems just as plausible, but my bet is on the latter. These AI bro CEOs seem to be woefully average at best.

[–] tristynalxander@mander.xyz 16 points 4 hours ago (1 children)

"Never attribute to malice that which is adequately explained by stupidity." - Hanlon's Razor

I assume you're operating off this principle, and I understand the point, but it's ill conceived for our purposes. Where malice and stupidity are functionally identical, preparing for malice is equivalent to preparing for stupidity. Where malice and stupidity differ, malice is more dangerous and requires greater preparation. Hanlon's Razor is a good perspective to prevent escalation in cycles of revenge, but it's bad perspective for strategy.

It's safe to assume some portion of highly educated and entrenched powers are willing to undermine the public good for their own gain. We shouldn't allow our selves or our peers to dismiss potential adversaries as stupid. Even if the leadership was composed entirely of nepo-nitwits, there are competent people working for them, advising them, and benefiting from their success.

[–] mr_satan@lemmy.zip 5 points 3 hours ago* (last edited 3 hours ago)

I want this response to be higher. This is an excellent take.

I've worked too many places where "b" is absolutely the answer. Even small companies that you've probably never heard of where management is drinking the koolaid. They usually don't like being asked why someone would actually pay for whatever bullshit they're selling. The answer, almost without exception, is because one of their CEO buddies told them it was a good idea.

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