i love ai in my offline foss softwares that are still in beta
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AI is not a bubble, it’s cartel. The only way to destroy it is to abolish monopolies or establish competition and as you can see it is not going to happen. GabeN where is my steam phone ?
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There seems to be a few people in this thread who don’t understand that the crypto bubble describes when tech bros kept promising to use the technologies that power cryptocurrency in other applications and then running away with investors’ money. That it has nothing to do with the value of any specific crypto currency.
My particular issue is that the Venn Diagram of crypto bros and ai bros is a circle
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I again think you mean blockchain.
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There were people profiting from the dot com bubble, from the crypto bubble, I’m pretty sure there will be people profiting from the AI bubble crashing. But surely not the average people, it’ll be big corporations which profit no matter what.
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The crypto bubble is the ai bubble. AI was the answer to “what are we going to do with all these chips and servers now that crypto crashed?”
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I don’t think this is true, but a lot of this impression is probably because much of the growth in actual use of cryptocurrency for everyday finance is happening outside of places like the US or Europe:
In the 12 months ending June 2025, APAC [Asia-Pacific] emerged as the fastest-growing region for on-chain crypto activity, with a 69% year-over-year increase in value received. Total crypto transaction volume in APAC grew from $1.4 trillion to $2.36 trillion, driven by robust engagement across major markets like India, Vietnam, and Pakistan.
Close behind, Latin America’s crypto adoption grew by 63%, reflecting rising adoption across both retail and institutional segments. In comparison, Sub-Saharan Africa’s adoption grew by 52%, indicating the region’s continued reliance on crypto for remittances and everyday payments. These figures underscore a broad shift in crypto momentum toward the Global South, where on-the-ground utility is increasingly fueling adoption.
There is also the way stablecoins are now a growing top 20 holder of US debt, and major financial institutions moving to have infrastructure on crypto networks. Change is happening even if it isn’t immediate or directly visible to everyone.
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There were people profiting from the dot com bubble, from the crypto bubble, I’m pretty sure there will be people profiting from the AI bubble crashing. But surely not the average people, it’ll be big corporations which profit no matter what.
Nvidia comes to mind.
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The video game market crashed hard from 1983 to 1985 and never really recovered.
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The crypto bubble is the ai bubble. AI was the answer to “what are we going to do with all these chips and servers now that crypto crashed?”
Bitcoin needs ASICs to run it. GPUs haven’t been viable there for a long time, and ASICs aren’t useful for anything other than the thing they’re designed to do.
Ethereum used GPUs until it went proof-of-stake, but it was always smaller than Bitcoin.
Nothing else is big enough to have caused a bubble.
Most of the AI training is being done in brand new datacenters on brand new GPUs. Those Ethereum GPUs mostly got dumped on eBay.
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My particular issue is that the Venn Diagram of crypto bros and ai bros is a circle
“If you don’t use
NFTsAI models, you will be left behind”.I swear it’s the exact same people.
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I’m not sure that this meme is using “offline” correctly. I use AI offline, which means I absolutely do know that it’s not going to “go away.” It’s running on my computer, it’s stored on my hard drive. Ten years from now I will still be able to run it regardless of what’s happened in the outside world. I welcome offline AI integration into software, that’s the best way to do it when possible.
You can do that, and I can do that. Companies don’t want to provide that, because there’s value to having you feed their data. That means there’s no incentive for them to make it easy for people to run local models.
So sure, it can technically exist, but not as a mass market tool.
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The video game market crashed hard from 1983 to 1985 and never really recovered.
What happened? Explain for someone from '03 please?
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The main thrust of it was oversaturation. A whole bunch of companies put a whole bunch of money into video games at once, but the demand wasn’t there, so only a few titles and/or consoles could become hits and the rest were just huge wastes of money. It ended up snowballing and iirc the market receded by circa 95%, resulting in a lot of bankruptcies. Stores either returned surplus, or marked it down considerably, which meant little or no revenue for companies that made the products, and so of course they died. That includes US games, Atari, lots of other famous brands.
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Nvidia comes to mind.
They sure did profit from all the bubbles, but how would they profit from the AI bubble bursting?
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They sure did profit from all the bubbles, but how would they profit from the AI bubble bursting?
They can maybe swoop in and catch an even bigger share of the market, as they are filled with cash after the AI bubble?
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The video game market crashed hard from 1983 to 1985 and never really recovered.
And in early 2000 too
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The main thrust of it was oversaturation. A whole bunch of companies put a whole bunch of money into video games at once, but the demand wasn’t there, so only a few titles and/or consoles could become hits and the rest were just huge wastes of money. It ended up snowballing and iirc the market receded by circa 95%, resulting in a lot of bankruptcies. Stores either returned surplus, or marked it down considerably, which meant little or no revenue for companies that made the products, and so of course they died. That includes US games, Atari, lots of other famous brands.
Sooo basicly the same that is happening right now?
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They can maybe swoop in and catch an even bigger share of the market, as they are filled with cash after the AI bubble?
They already have almost all of the discrete gpu market, they’d have to expand to new markets (although they are kind of exploring that already)
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You can do that, and I can do that. Companies don’t want to provide that, because there’s value to having you feed their data. That means there’s no incentive for them to make it easy for people to run local models.
So sure, it can technically exist, but not as a mass market tool.
Fortunately FOSS software is often not beholden to companies or profit motives like that, and that’s specifically what this meme is about.
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“If you don’t use
NFTsAI models, you will be left behind”.I swear it’s the exact same people.
