I no AI fanboy at all. I think it there won’t be AGI anytime soon.
However, it’s beyond my comprehension how anyone would think that we will see a decline in demand growth for compute.
AI will conquer the world like software or the smartphone did. It’ll get implemented everywhere, more people will use it. We’re super early in the penetration so far.
What if its penetration ends up being on the same level as modern crypto? Average person doesn't seem to particularly care about meme coins or bitcoin - it is not being actively used in day to day setting, there's no signs of this status improving.
Doesn't mean that crypto is not being used, of course. Plenty of people do use things like USDT, gamble on bitcoin or try to scam people with new meme coins, but this is far from what crypto enthusiasts and NFT moguls promised us in their feverish posts back in the middle of 2010s.
So imagine that AI is here to stay, but the absolutely unhinged hype train will slow down and we will settle in some kind of equilibrium of practical use.
> I no AI fanboy at all.
While thinking computers will replace human brains soon is rabid fanaticism this statement...
> AI will conquer the world like software or the smartphone did.
Also displays a healthy amount of fanaticism.
At this point computation is in essence commodity. And commodities have demand cycles. If other economic factors slowdown or companies go out of business they stop using compute or start less new products that use compute. Thus it is entirely realistic to me that demand for compute might go down. Or that we are just now over provisioning compute in short or medium term.