I don't expect an "AI winter" where everything disappears. But we might get a "dot com bust" where at first it looks like everything is crashing, and in fact 99% of the companies are worthless... but there's also a Google and an Amazon, still alive among the wreckage.
I do think there will be some, maybe a lot of, consolidation in the startup space (or just capital destruction if our FTC doesn't allow consolidation)--but I don't expect it to drastically affect NVDA or OpenAI valuations (though as a general rule I do not bet on financial outcomes for AI companies)
It would be funny if it wasn't so problematic how quickly (and predictably) the compute thresholds in policy are already obsolete.
I don't expect an "AI winter" where everything disappears. But we might get a "dot com bust" where at first it looks like everything is crashing, and in fact 99% of the companies are worthless... but there's also a Google and an Amazon, still alive among the wreckage.
I do think there will be some, maybe a lot of, consolidation in the startup space (or just capital destruction if our FTC doesn't allow consolidation)--but I don't expect it to drastically affect NVDA or OpenAI valuations (though as a general rule I do not bet on financial outcomes for AI companies)
An Extraordinary “RL” Alien 🥲