AI shovel seller Nvidia is making a ton of money in the boom — with 70% to 95% of the market for graphics cards and a full 98% for data center computation chips. [CNBC; HPCWire] But is a ton of mon…
Honestly pointing me at The Two-Income Trap was the single most valuable thing I ever got from reading Scoot Sooskoond. I feel like I was able to get on board the "oh she actually does know things" train a bit sooner than everyone else.
This is going to drag out for years, as such things do... and I would not at all be surprised if, a couple years in, Nvidia turns around and starts a PR blitz along the lines of, "tee-hee, that genAI bubble wasn't nearly as big as we thought it would be! Look what happened to our revenue and stock price! Monopolists, lil ol' us?!"
In other words, good on the prosecutors, but I feel like they're only doing this now because of the mainstream hype that AI is inevitable and will conquer all industries.