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The air begins to leak out of the overinflated AI bubble
(www.latimes.com)
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this post was submitted on 06 Sep 2024
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This is the part that's flawed. They have actively targeted neural network applications with hardware and driver support since 2012.
Yes, they got lucky in that generative AI turned out to be massively popular, and required massively parallel computing capabilities, but luck is one part opportunity and one part preparedness. The reason they were able to capitalize is because they had the best graphics cards on the market and then specifically targeted AI applications.