this post was submitted on 28 Sep 2024
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I can't wait for the AI bubble to burst.
Which tech titan does it take with it?
My money is on Microsoft as owners of OpenAI, but most have sunk more into it than they should.
Nvidea. Their share price would be a fraction of what it is without AI. Just like the last two cryptocurrency bubbles, they went all in and then acted surprised when they popped.
At the same time, they've lost a lot of goodwill with gamers, formerly their core audience. With the AAA industry pulling back, games might not be pushing the limits of GPU tech anymore. Microsoft still has their old core products, but Nvidia may return to it to find a wasteland.
They'll just transition to the next fad that needs large amounts of parallel compute. It's what they've just done moving from cryptocurrency to machine learning.