ryujin470@fedia.io to Ask Lemmy@lemmy.world · 2 days agoWill the AI boom ever 'cease' in the future?message-squaremessage-square34fedilinkarrow-up133arrow-down14file-text
arrow-up129arrow-down1message-squareWill the AI boom ever 'cease' in the future?ryujin470@fedia.io to Ask Lemmy@lemmy.world · 2 days agomessage-square34fedilinkfile-text
minus-squareTattorack@lemmy.worldlinkfedilinkarrow-up4·2 days agoThere’s a boom? Doesn’t “boom” usually also entail some sort of major profit being made? As far as I’ve heard AI is only costing everyone money, with no profit made anywhere.
minus-squareptu@sopuli.xyzlinkfedilinkarrow-up1arrow-down1·2 days agoNvidia is making decent profit https://www.macrotrends.net/stocks/charts/NVDA/nvidia/ebitda
minus-squareOneWomanCreamTeam@sh.itjust.workslinkfedilinkarrow-up1·2 days agoDo they have an AI? I thought they were just selling hardware. That wouldn’t be an AI boom, it’d be more of a computer hardware boom.
minus-squareKorhaka@sopuli.xyzlinkfedilinkEnglisharrow-up4·2 days agoThey are the ones selling shovels
minus-squareTattorack@lemmy.worldlinkfedilinkarrow-up1·2 days agoIf you look at the bubble chart you’ll see that all the profit is just money moving around in a circle without any real income.
There’s a boom?
Doesn’t “boom” usually also entail some sort of major profit being made? As far as I’ve heard AI is only costing everyone money, with no profit made anywhere.
Nvidia is making decent profit
https://www.macrotrends.net/stocks/charts/NVDA/nvidia/ebitda
Do they have an AI? I thought they were just selling hardware. That wouldn’t be an AI boom, it’d be more of a computer hardware boom.
They are the ones selling shovels
If you look at the bubble chart you’ll see that all the profit is just money moving around in a circle without any real income.