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From: rbowman <bowman@montana.com>
Newsgroups: comp.os.linux.misc
Subject: Re: GIMP 3.0.0-RC1
Date: 11 Feb 2025 01:23:45 GMT
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On Mon, 10 Feb 2025 22:50:03 +0100, D wrote:

> This is the truth! I wonder how spectacular the crash will be? What
> gives me hope is that all of the AI startups, sucking in billions are
> private. I hope that this will shield the stock market _somewhat_ from
> the worst effects of collapse.

If it does blow up it will be dramatic. Previous iterations of 'AI', 
neural nets, expert systems, fuzzy logic, and so forth were mainly 
software. Neural networks fizzled because the hardware wasn't available.

Now you have Nvidia as the stock market poster child but Meta, Amazon, 
Google, and OpenAI are pouring money into proprietary chip development. 
Google labeled theirs TPU, tensor processing unit, which is more accurate 
than GPU. No graphics involved.

After you have the design you need a foundry. TSMC is printing money but 
others want a slice of the pie. Intel seems to be self destructing but 
money is still being spent on fab lines.

Net, when you have your GPU/TPUs in hand is housing the whole mess, 
including the increased demand for cooling and power. Expert systems 
didn't have software companies buying nuclear reactors.

https://www.ans.org/news/article-5842/amazon-buys-nuclearpowered-data-
center-from-talen/

Then there are the companies like Dell that are salivating about 
corporations buying new boxes to run AI.

There's a lot of money laying on a house of cards. Color me cynical but 
I've lived through all the AI winters.

https://en.wikipedia.org/wiki/AI_winter