9 daysnot a gambling man but if i was… https://polymarket.com/event/sam-altman-in-jail-by
- Joelk111@lemmy.worldEnglish8 days
This is my first time actually navigating to one of these websites. God damn it’s so much more dystopian than I even imagined.
- rumba@lemmy.zipEnglish9 days
That depends; it will most likely cause some pretty serious issues outside the AI space. When that bubble finally pops, it’ll probably make the dot-com bust look like a bathtub fart. Knock-on effects over non AI industries, and a lot of little bitch CEO’s that put all their money/companies money in AI will now be out a whole lot of cash and go on (more) firing sprees.
And if it doesn’t pop, it has made ordinary people into millionaires. I was having a look at Swedish Avanza site where they launched a new feature where people can share their portfolios (what stocks they are invested in, and their account growth). The best investors got in early on all this stuff. Nvidia and now memory and disk stocks, so they consistently made tons and tons of money.
All while people has been waiting for the bubble to pop since… 2021? Maybe earlier.
We absolutely don’t know if it will pop, and even if it does, there was a huge opportunity to make money from it over years and years.
Thats what investment bankers did, and that’s what ordinary people did. Some got very rich on this.
Im just saying that because it’s important to realize that the way we think may not be optimal for our lives sometimes. I understand fear. But I also understand that some risks are necessary to gain something valuable.
- 8 days
Chat GPT came out in 2023. To the extent there was a bubble in 2021 (crypto and EV come to mind) those frothy parts of the market have deflated.
Thought it was worth adding to your comment that getting rich by taking extraordinary risk may not be “optimal”, and that looking at upside outliers is a bad way to decide what to do with personal finances.
If what you’re advocating is buying well diversified, low fee, investments with a long time horizon then carry right on though.
You can adjust your risk, sure. Those low fee diversified investments will give you index level gains, sure. But I meant getting actual rich. Then you need to bet on the right stocks.
- trolololol@lemmy.worldEnglish1 day
Pfff
Best way to have a million is starting with 2 million.
Or write a book about how to get rich. Like that kyosaki guy that blew it up on real estate.
I’ve noticed that some people just have some built in resistence to learning about stocks. It keeps them poor and it’s almost as they want that. At the same time, some kids learn about stocks in their teens and start getting experience and then they invest through their entire life, seeing their money grow.
Its interesting see that attitude. Someone put it there. I would highly recommend challenging your views on this.
- placebo@lemmy.zipEnglish8 days
I don’t know what models power Lumo, but Mistral is so far behind the competition it’s not even funny.
- Jiral@lemmy.worldEnglish8 days
Mistral Medium 3.5 isn’t that far behind comparable current open weight models.
- placebo@lemmy.zipEnglish8 days
Maybe, but Mistral is a commercial company that offers commercial products that can’t really compete with OpenAI, Anthropic, and the others. That’s what I meant.
- TorstenTyp@feddit.nuEnglish8 days
I’m curious as to why you say that? I use Le Chat and to me it feels exactly like ChatGPT or Claude, it can code well, translate, search online, everything.
- placebo@lemmy.zipEnglish8 days
Subjectively, it feels similar to models we used a year or two ago. Not that drastically different from what Anthropic and OpenAI offer today, but slightly worse. For instance, for complex coding tasks it offers basic solutions, while Claude often offers more options and details - as if it knows more.
Objectively, benchmarks. Mistral looks comparable to other open weight models (as another user mentioned), but not as good otherwise.
- TorstenTyp@feddit.nuEnglish8 days
I see, that’s about the time they all got so good that I stopped trying to keep up with the latest benchmarks. It works perfectly for my needs so I definitely wouldn’t dismiss it for anyone wanting to switch to a European alternative.
- placebo@lemmy.zipEnglish8 days
Sure, totally depends on your needs. But it’d be great if we had one of them frontier models in Europe.
- Slashme@lemmy.worldEnglish9 days
It’s a weird business where everyone is offering an environmentally unsupportable service at below cost, hoping to outlive the competition.
Market share of a negative profit market.
- d00ery@lemmy.worldEnglish9 days
It worked for netflix and the steaming services. Now terrestrial (cable) is dead and adsupported streaming tiers have returned lol.
- FrankFrankson@lemmy.worldEnglish9 days
It’s how every tech company that “disrupts” a market or indistry works. Uber started of burning shit tons of cash operating at a loss till it replaced enough Taxi services then jacked up the prices.
The problem with AI is that they cannot increase the prices enough to be profitable. The AI companies are waiting for future hardware tech that will be energy efficient enough to make AI profitable before they run out of capital to burn.
The problem with AI is that they cannot increase the prices enough to be profitable.
I saw something about the SpaceX IPO that said for it to be justified at that price, everyone on earth with some sort of money (they defined it as earning at least $14,000/year) had to become an xAI consumer and spend $28,000/year. Seems reasonable /s
- blackbeans@lemmy.zipEnglish9 days
Personally, I find myself using the Chinese alternatives more and more as they are just way cheaper.
- abbadon420@sh.itjust.worksEnglish9 days
The good thing is that a deepseek can be run locally relatively well with consumer hardware. I trust chinese companies as much as i trust american companies with my data and my prompts.
You have 170+ GB VRAM at home? (:
I mainly use DeepSeek v4 Flash now, it’s the cheapest around and the quality is high enough for coding. At work we’re throwing tons of money at Claude, but even there I usually stick to Sonnet (as Opus is burning money).
You don’t need 170+ GB of VRAM. Whole model can be run at around 1 token/second on a modern hardware from an ssd. Which is slow, don’t get me wrong, but it still somewhat useable.
Upd.Once again, for those who use AI because struggles to read: it is slow, but it is usable. Which is, by definition, means that you don’t need 170+ GB of VRAM to run this model. Period. It runs from ssd. That is a fact.
- placebo@lemmy.zipEnglish8 days
“Somewhat” is doing a lot of heavy lifting there 😂 How much time does it take to process your average request?
