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Charlie Stross

The thing I find most suspicious/fishy/smelly about all the current hype around Stable Diffusion and ChatGPT is that it follows, as night follows day, about six months after the bottom dropped out of the cryptocurrency scam bubble.

This is not a coincidence.

Hucksters are chasing the sweet VC/private equity money that has been flushed out of crypto, and AI is the new hotness all of a sudden.

If you're thinking about investing now? Don't: it's too late and you'll be the target of a grift.

3 comments
Charlie Stross

Update from comments: I'm SURE it's just a coincidence that training neural networks and mining cryptocurrencies are both applications that benefit from very large arrays of GPUs.

If *I* was a VC I'd be hiring complexity theory nerds to figure out what areas of research are promising once you have Yottaflops of numerical processing power available, then place bets on AMD, Nvidia, and (maybe) Intel going there and start seeding the field and hiring PR firms.

Nemo

@cstross
I know it makes for a not too satisfying story, but linear algebra is as linear algebra does.

General purpose CPU makers gave up, but the craving for parallel computation is still here...

onnob

@cstross I am going to do some very advanced mathematics and try to open an interdimensional portal. Put all that hardware to really good use.

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