NVIDIA: Crypto "Doesn't Bring Anything Useful" [Mar 27, 2023, 11:55 am ET] – Share – Viewing Comments
An
interview on The Guardian talks tech with Michael Kagan, the chief
technology officer at NVIDIA. The headline quote from the story is Kagan's
assertion that cryptocurrencies do not "bring anything useful for society," despite how
crypto-driven demand for NVIDIA GPUs has done wonders for the company's bottom
line for years. In contrast, he speaks positively about ChatGPT, saying AI
is actually useful:
The first version ChatGPT was trained on a supercomputer made up of about 10,000 Nvidia graphics cards.
“All this crypto stuff, it needed parallel processing, and [Nvidia] is the best, so people just programmed it to use for this purpose. They bought a lot of stuff, and then eventually it collapsed, because it doesn’t bring anything useful for society. AI does,” Kagan told the Guardian.
“With ChatGPT, everybody can now create his own machine, his own programme: you just tell it what to do, and it will. And if it doesn’t work the way you want it to, you tell it ‘I want something different’.”
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 13:42
Mar 27, 2023, 13:42
Let me correct that for you: " It brought us lots of scalper cash, but it isn't useful now that it crashed and we had to find a way to sell to the common gamer instead of the crypto miner. We liked the money flow though, so we figured out a few ways to make the prices super inflated. Hopefully we processed enough wool."
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