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CIRCLE WITH A DOT

elrohir@mastodon.galE

elrohir@mastodon.gal

@elrohir@mastodon.gal
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  • I was thinking about the skyrocketing memory prices and something dawned on me: could it be a way to prop up AI investments by artificially covering the huge loans that have been taken out to fund them?
    elrohir@mastodon.galE elrohir@mastodon.gal

    @gabrielesvelto You don't know the half of it. Do you know those GPUs they use as collateral in the loans? Well, they calculated the collateral value with a model that assumes that second-hand GPU's reach their "unsellable" point in 5 years. That would be the moment in time when 1x800€ new gen GPU has more computing power than 4x200€ old cards. Past that point your GPUs are worth 0€ because nobody wants them. Well...¡This number is typically computed in professional bitcoin mining to be 2 years!

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