There's already talk about opening up private AI companies to retail investors (aka regular people). Once that happens and people get fleeced one last time, then it's going to end.
We are close to the final stage but not yet.
Currently we're at the peak NFT stage when everyone was generating their own slightly different monkey.
From a purely short-term economic standpoint, it is VIOLENTLY more profitable to go whole-hog with AI right now. Once the bubble pops though, they will regret it.
They will have all that inflated ram money and if they don't spend it like morons they can return to selling ram at normal prices as oem rather than 'burned up leftovers from some AI farm.' The consumer market will still be starved by the AI buyout for some time even after the burst.
It's sad because at least with public companies they must disclose important information to investors. With private capital, this is really only feasible for investors with large capital and leverage. Smaller investors may as well buy lottery tickets than invest into any private capital.
20 Comments
Yana_@lemmy.ml · 35 pts · 270d
As long as the big boys make more infinite money, all is right
flamingo_pinyata@sopuli.xyz · 31 pts · 270d
There's already talk about opening up private AI companies to retail investors (aka regular people). Once that happens and people get fleeced one last time, then it's going to end.
We are close to the final stage but not yet. Currently we're at the peak NFT stage when everyone was generating their own slightly different monkey.
techt@lemmy.world · 4 pts · 270d
Is that the same thing as an IPO?
flamingo_pinyata@sopuli.xyz · 11 pts · 269d
Oh no, nothing normal like that
https://www.fintechweekly.com/magazine/articles/robinhood-private-ai-investing-retail-access
Dogiedog64@lemmy.world · 29 pts · 269d
Micron is pulling out of consumer RAM entirely.
DontRedditMyLemmy@lemmy.world · 9 pts · 269d
Apparently because they think AI is still a good bet?
Dogiedog64@lemmy.world · 15 pts · 269d
From a purely short-term economic standpoint, it is VIOLENTLY more profitable to go whole-hog with AI right now. Once the bubble pops though, they will regret it.
Rooster326@programming.dev · 11 pts · 269d
Who is the they in this scenario?
Because it isn't the people making the decisions. They will be long gone.
DontRedditMyLemmy@lemmy.world · 8 pts · 269d
How quickly can they pivot though? Doesn't this indicate that they think there's a long term profit?
Rooster326@programming.dev · 10 pts · 269d
There is no such thing as long term profit in the year of our lord.
Inucune@lemmy.world · 1 pts · 269d
They will have all that inflated ram money and if they don't spend it like morons they can return to selling ram at normal prices as oem rather than 'burned up leftovers from some AI farm.' The consumer market will still be starved by the AI buyout for some time even after the burst.
PP_BOY_@lemmy.world · 16 pts · 270d
"AI companies," i think you mean your retirement savings managers
rook@lemmy.zip · 15 pts · 269d
infinite loop, paying with the other's money
BurnedDonutHole@ani.social · 5 pts · 269d
This is basically how stock market work. All those billion dollar companies are ballooned assets in reality.
TheBat@lemmy.world · 9 pts · 270d
Barbarian@sh.itjust.works · 19 pts · 270d
Not much better at all, tbh. The problems are systemic, not individual. Another Zucc or Thiel would step up.
vaultdweller013@sh.itjust.works · 3 pts · 269d
Sure but one has to admit lashing these profligates to a cross or sacrificing them in a Blòt would be rather satisfying.
hark@lemmy.world · 1 pts · 269d
A broken system will eventually work when the broken pieces have been replaced.
roguetrick@lemmy.world · -1 pts · 269d
Not when the system selects and creates broken pieces.
Bazell@lemmy.zip · 8 pts · 269d
GeneralDingus@lemmy.cafe · 1 pts · 266d
It's sad because at least with public companies they must disclose important information to investors. With private capital, this is really only feasible for investors with large capital and leverage. Smaller investors may as well buy lottery tickets than invest into any private capital.