Steve had a high one
For those fawning over NVDA ... some history
- Thread starter Q.E.D.
- Start date
How do people not instantly lose all their money thinking things like this?
So my bank is going to fire the people responsible for their web ui and replace it with an unaccountable so with uncertain output quality?
And they're going to put an ai in charge of checking whether the accounts balance and what to do about it?
And you would deposit money at this bank?
Well, before D.E.I. quotas, they used to...
As for the AI bubble... I remember the talk about musical chairs just before the financial crisis sent everything off a cliff. I'm getting the same alarm bells ringing now. Special points for those retail who claim they 'know' it's going to pop, but are sure they will 'get out' in time.
LOL... if ONLY it were that easy.
Deep blue beat Gary Kasparov in the late 1990s. In the game of chess, the total possible combination is huge but finite. AI can excel on it for example neural network on hand written digit recognition is amazing. What about predicting future random event e.g. fortune telling ? AI chip is just a tool but can it think by itself? ChatGPT only dredge up info from the past.
I was following Gary Kasparov and his battles vs CPUs long before Deep Blue. But knew he'd lose eventually.
Shit got interesting when he battled vs DEEP THOUGHT. Nova did a special episode on that. However, Deep Thought ended up glitching (computer bug) and did stupid stuff sacrificing pieces for no gain, which made the match a joke.
I do remember Kasparov very arrogant in those days... claiming a computer would 'never' beat a chess-master...
Shit got interesting when he battled vs DEEP THOUGHT. Nova did a special episode on that. However, Deep Thought ended up glitching (computer bug) and did stupid stuff sacrificing pieces for no gain, which made the match a joke.
I do remember Kasparov very arrogant in those days... claiming a computer would 'never' beat a chess-master...
Interesting piece:
The Unsustainable AI-Driven Lending Boom
https://mises.org/mises-wire/unsustainable-ai-driven-lending-boom
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Separately, heard years ago, but applies even more now:
The reason AI is so popular, is because there is so little of real Intelligence.
The Unsustainable AI-Driven Lending Boom
https://mises.org/mises-wire/unsustainable-ai-driven-lending-boom
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Separately, heard years ago, but applies even more now:
The reason AI is so popular, is because there is so little of real Intelligence.
Right, no dummies at all before DEI.
Well one exception, our previous Pres, dumb as a stump since birth.
But you are yet another talking of a bubble will burst without timing. Which is "as useful as tits on a bull."
You are the dumbest fucker on this site, if you think past history indicates future results.
Do you even know the history of the company you are bashing?
Stop referencing a guy from the 1930s before computers existed, and was eventually arrested for fraud.
The FACK is wrong with you?
You are STUPID!
Well that's strange. Considering Niederhoffer has continually mentioned what a poor & terrible book it is. Not to mention how the trader ended up in his suicide and being broke at the end of his life.
Fun fact: Niederhoffer gets really, really, pissed when people keep telling him that they rate The Education of a Speculator as one of their top books, right next to Reminiscences of a...
Karl Benz built his motorcar, patented it, and put it into production going further back... like 1885.
Fun fact: Mercedes Benz is still around.
IQ's