Re: GIMP 3.0.0-RC1

On Tue, 11 Feb 2025, rbowman wrote:

On Mon, 10 Feb 2025 22:50:03 +0100, D wrote:
>

This is the truth! I wonder how spectacular the crash will be? What
gives me hope is that all of the AI startups, sucking in billions are
private. I hope that this will shield the stock market _somewhat_ from
the worst effects of collapse.

>
If it does blow up it will be dramatic. Previous iterations of 'AI',
neural nets, expert systems, fuzzy logic, and so forth were mainly
software. Neural networks fizzled because the hardware wasn't available.

Well, it certainly will be dramatic for the private companies.

Now you have Nvidia as the stock market poster child but Meta, Amazon,
Google, and OpenAI are pouring money into proprietary chip development.
Google labeled theirs TPU, tensor processing unit, which is more accurate
than GPU. No graphics involved.

Yes, there are connections to Nvidia, that is true, and second order effects would spread to the listed global IT hardware boys.
But I wonder how isolated the crash will be? It is natural that the stock markets in general, will go down, this is the truth. But how much?
After all, regardless of if we have LLM:s, houses need to be built, banking needs to be done, and food needs to be eaten.

After you have the design you need a foundry. TSMC is printing money but
others want a slice of the pie. Intel seems to be self destructing but
money is still being spent on fab lines.
>
Net, when you have your GPU/TPUs in hand is housing the whole mess,
including the increased demand for cooling and power. Expert systems
didn't have software companies buying nuclear reactors.

This is good! Let's say they build nuclear, and then crash. Then energy companies could buy the nuclear and use it to lower the cost of electricity! =)
Creative destruction!

https://www.ans.org/news/article-5842/amazon-buys-nuclearpowered-data-
center-from-talen/
>
Then there are the companies like Dell that are salivating about
corporations buying new boxes to run AI.
>
There's a lot of money laying on a house of cards. Color me cynical but
I've lived through all the AI winters.
>
https://en.wikipedia.org/wiki/AI_winter

It does seem like we are approaching it. Even politicians and taxi drivers are talking AI. That has always been a good indicator that we are reaching the end of the bubble. I wonder if the end game will be 1, 2 or 3 years?
Will Elon and the boys be able to keep up the Frenzy long enough?