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   Rich Felker (dalias@hachyderm.io)'s status on Saturday, 15-Jun-2024 22:29:34 JST Rich Felker

   • Nazani
   • javi

   @Nazani @javi This is crypto rebranded. They even get to reuse the same hardware (GPUs) and the main pusher (nvidia) gets to keep selling them.

   • Embed this notice
     mark (atleagle@mastodon.online)'s status on Saturday, 15-Jun-2024 22:29:33 JST mark

     in reply to

     • Nazani
     • javi

     @dalias @Nazani @javi the really fun part here is that the nft mining gpus are basically useless in this bubble. Everyone needs the latest and greatest, and Nvidia keeps cranking new models out to feed the junkies.

     You could buy a house for the price of these on release day.

   • Embed this notice
     Tom Bellin :picardfacepalm: (tob@hachyderm.io)'s status on Sunday, 16-Jun-2024 04:23:21 JST Tom Bellin :picardfacepalm:

     in reply to

     • Nazani
     • javi

     @dalias @Nazani @javi the current AI wave was *caused* by a glut of coprocessing chips that were produced by Nvidia and purchased by al cloud hosting providers with the plan to sell blockchain/"bitcoin mining as a service" to corporate customers.

     But that bubble popped and they were left with tremendously expensive servers, specifically useful only for parallel computation, that nobody wanted to use.

   • Embed this notice
     Rich Felker (dalias@hachyderm.io)'s status on Sunday, 16-Jun-2024 04:23:21 JST Rich Felker

     in reply to

     • Tom Bellin :picardfacepalm:
     • Nazani
     • javi

     @tob @Nazani @javi Nobody wanted to use it because parallel computation is largely useless. All the interesting parts of computation have data dependent code paths. GPUs are the computational version of the mass production capitalist brainworms of "amortize cost by doing the exact same thing at a scale much larger than anyone needs" rather than optimizing efficiency at small or single unit.

     Haelwenn /элвэн/ :triskell: likes this.