Exactly. In the current situation the "dotcom boom" would be any companies who are currently forcing themselves to use AI for the sake of using AI so that they can say "we use AI to [task that can be done without AI]".
Nvidia is different in that they're the ones selling the hardware, AI isn't going anywhere imo, the spike Nvidia is seeing atm may subside a little but I doubt it, as minor players give up, stronger players will still need more hardware anyway.
Tbh imagine being Nvidia:
* Known for dominating in the gaming market, consumers buy plenty of Nvidia cards and always will do
* Workstation cards have always been used for CAD/rendering digital media and always will be
* Nvidia hardware used in plenty of supercomputers
* Crypto craze hit and Nvidia sold a bajillion cards for that, I imagine 2nd-hand mining cards have impacted the consumer arm of their biz but probably not too much, I've seen people avoid buying crypto cards unless they're offered at a very low price
* Nvidia has sold cards to people doing AI for a long time, but now the AI boom has started and they're making bank
Basically they've enjoyed the crypto boom and are now enjoying the AI boom, but even if AI boom declines to 0 (it won't) they can still fall back on their workstation/consumer hardware.
Reason I don't think the AI boom will end is that besides companies smashing AI in for no reason, actual applications of it are incredibly useful. I still remember friends being amazed that they could search their Google Photos by "dog" or "cat" (which as furries it's hilarious that it comes up with fursuiters).
Nvidia is different in that they're the ones selling the hardware, AI isn't going anywhere imo, the spike Nvidia is seeing atm may subside a little but I doubt it, as minor players give up, stronger players will still need more hardware anyway.
Tbh imagine being Nvidia: * Known for dominating in the gaming market, consumers buy plenty of Nvidia cards and always will do * Workstation cards have always been used for CAD/rendering digital media and always will be * Nvidia hardware used in plenty of supercomputers * Crypto craze hit and Nvidia sold a bajillion cards for that, I imagine 2nd-hand mining cards have impacted the consumer arm of their biz but probably not too much, I've seen people avoid buying crypto cards unless they're offered at a very low price * Nvidia has sold cards to people doing AI for a long time, but now the AI boom has started and they're making bank
Basically they've enjoyed the crypto boom and are now enjoying the AI boom, but even if AI boom declines to 0 (it won't) they can still fall back on their workstation/consumer hardware.
Reason I don't think the AI boom will end is that besides companies smashing AI in for no reason, actual applications of it are incredibly useful. I still remember friends being amazed that they could search their Google Photos by "dog" or "cat" (which as furries it's hilarious that it comes up with fursuiters).