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AI Is Starting to Look Like the Dot Com Bubble (futurism.com)
submitted 3 years ago by to c/technology@lemmy.world
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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] 13 points 3 years ago* (1 child)

Especially all the graphics cards being bought up to run this stuff. Nvidia has been keeping prices way too high, egged on first by the blockchain hype stupidity and now this AI hype stupidity. I paid $230 for a high end graphics card in 2008 (8800 GT), $340 for a high end graphics card in 2017 (GTX 1070), and now it looks like if I want to get about the same level now, it'd be $1000 (RTX 4080).

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  • [–] 4 points 3 years ago (1 child)

    You can't really compare an 8800gt to a 1070 to a 4080.

    8800gt was just another era, the 1070 is the 70 series from a time where they had the ti and the titan, and the 4080 is the top gpu other than the 4090.

    If you wanted to compare to the 10 series, a better match for the 4080 would be the 1080ti, which I own, and paid like 750 for back in 2017.

    Sure, they're on the money grabbing train now, and the 4080 should realistically be around 20% cheaper - around 800 bucks, to be fair.

    Thing is though, if you just want gaming, a 4070 or 4060 is enough. They did gimp the VRAM though, which is not too great. If those cards came standard with 16gb of VRAM, they'd be all good.

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  • [–] 4 points 3 years ago (1 child)

    An RTX 4070 is still $600, which is still way higher than what I paid for a GTX 1070, and the gimping of the VRAM is part of the problem. Either way, I'm fine with staying out of the market. If prices don't regain some level of sanity, I'll probably buy an old card years from now.

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  • [–] 3 points 3 years ago

    Yeah, same here. My 1080ti still performs more than adequately enough.

    That's also a thing about all this gpu pricing - things are starting just to become 'enough', without the need to upgrade like you did before.

    Same thing happened to phones, and then high end phones got expensive as fuck. I mean I had a Galaxy note 2 I bought for 400 bucks back in the day and that was already expensive.

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