this post was submitted on 27 Jul 2024
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Me just waiting for the bubble to burst so I can get some used GPUs for cheap LMFAO
I have a fucking 1060 in my pc, that's how long this has been going on.
Darn so close. The 1070 was way more powerful performance for the low price increase. And it put me squarely in able to play VR games back when anyone gave a shit about that too.
I'm not sure I care enough to get more than 60fps at 4k and Ray tracing was a joke of a gimmick for most gamers.
I mean the newer generations come with better resolution scaling which comes in handy.
The 4k screen is not that expensive and I have one but the gfx card to drive this adequately costs a lot.
Bro, me to, 1060 gang rise up! 💪 LMAO
These dynamic resolution changes in modern games are really psychedelic. Love it! Another win for the 1060.
Even if it might pop on the consumer side, the supply and corporate side wont pop. There are already 100s of billions of dollars going into AI stuff, they wont allow themselves to just sit on that investment. If it does pop, they will be bailed out by the states just like the banks were in the past.
Either way the GPUs used in AI model training are useless for non AI purposes. They are completely specialized hardware.
There are probably A LOT of AI rigs out there running on "pro-sumer" hardware
Plus, even when/if the bubble pops, it'll be for businesses/business use cases. The underlying tech is still useful and cool, I have plenty of planned projects that will benefit from some solid AI hardware as well
Investors are already souring on the AI cost to value return. This is no longer a rush to capitalize on free money - it's a panic dash to discover something that produces profit before the bubble bursts.
There won't be bailouts for failed ventures. See the dotcom bubble for comparison. These are exuberant investors expecting massive returns "soon" and getting told "eh... it's just 2 to 5 more years away." That wasn't priced into the expansion of these stocks price. Once it starts to crumble it will be a mad dash to the door to not be the guy holding the bag.
Personally I think that Nvidia may have fucked themselves. They are valued at 10x what they were and have gone nearly all in on hyperconverged ai infrastructure. Thanks to their acquisitions and design choices they have made it a walled garden. Meanwhile most other manufacturers are investing in open architecture to take them on. If this gambit fails they will be struggling to find market share in a world hostile to their entire stack. This is how giants fall.