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The AI bubble could burst — and take the economy with it - The Boston Globe
(www.bostonglobe.com)
This is a most excellent place for technology news and articles.
Listen, I work IT at a managed service provider, which means I see a dozen + small to medium business environments daily.
The number of users that I know of, out of the hundreds or thousands that I support, who are actively using "AI" continually to do their jobs... Well, I can likely count them on one hand
There's a bunch that use whatever free tool they are allowed to access. Which kind of flies under the radar for me, but I still don't think you're dealing with double-digit percentages of people using "AI" that actually spend any money on it.
And these are business users, who work at businesses with rather deep pockets at times....
People are not buying the product. "AI" in the business world, isn't making any money. So from what I've seen, this is less a matter of if, and more a matter of when and how bad.
As a tech person, I am not threatened by AI. It can't do my job. Also, I'm the one who fixes it when things go wrong. And the only thing I'm looking forward to is being able to pick up cheap RAM, and storage when this all comes crashing down as AI companies cash out and liquidate their inventory. Maybe I can pick up a cheap AI server and repurpose it to be a 3D/gaming virtual desktop, so when my friends come over with their cheap laptops and on board graphics for a LAN party, I can just provision them a virtual gaming computer and we can go ham.....
I'm going to save my sheckles until then...
I have limited experience with the market but I see it this way: anyone with AI holdings should liquidate at their earliest convenience. I don't think they'll be keeping up this charade for a lot longer. Anyone who has tech holdings, either cash out, or be prepared to have that money held up for a while because it will take a long time for the prices to recover, and unless you want to cash out at a loss, you're going to be holding for a long time. Everyone else, hold onto your butts. Probably everything will probably dip when the fecal matter hits the rotary air movement device. Non tech areas of the market should recover pretty quickly, so meh?
This is obvious to me that the whole thing has failed. That realization hasn't hit execs yet.
AI chips arnt usable for personal use though, they seem to be limited to be used by the AI datancenters and not your computers
Not strictly, there are usualy hurdles to overcome for home usage of datacentre tech, but it's possible.
An easy example that comes to mind is that the datacentre GPU's might have cooling configurations that rely on a large amount of airflow from the surrounding cabinet, which you'll get in a datacentre, but not so much in a personal tower.
Also, noise, in a datacentre, noise is much less of an issue than in a personal computer, so they can eschew noise reduction in favour of performance.
Many people that live near data-centres would disagree, but i mean strictly from a usage point of view, not a broader community perspective.