Same pattern as crypto. Hype the tech, spend millions on developing chips that can only do one specific thing, deploy them in a virtual gold rush, eventually the bubble pops and the last fools are left holding the bags trying to offload stacks of ASICs that are worthless.
Billions wasted trying to capitalize on “AI” that will largely cause more harm than good.
Crypto did have the asci miners (I think I have that right?) that were much much faster than GPU after the initial push. I would expect the ai craze to do the same.
Same pattern as crypto. Hype the tech, spend millions on developing chips that can only do one specific thing, deploy them in a virtual gold rush, eventually the bubble pops and the last fools are left holding the bags trying to offload stacks of ASICs that are worthless.
Billions wasted trying to capitalize on “AI” that will largely cause more harm than good.
Crypto did have the asci miners (I think I have that right?) that were much much faster than GPU after the initial push. I would expect the ai craze to do the same.