NVIDIA: Crypto "Doesn't Bring Anything Useful"

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’.”
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 12:00
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 12:00
Mar 27, 2023, 12:00
 
"Hey ChatGPT, how do we force NVIDIA to reduce its GPU prices?"
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 12:03
El Pit
 
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 12:03
Mar 27, 2023, 12:03
 El Pit
 
Coming soon: the eNVycoin, totally not related with Nvidia but best mined on Nvidia GPUs - the more energy they suck up, the better! Get you 5070 (aka 5050 Ti) in 2025 for just $999! Yay!
"There is no right life in the wrong one." (Theodor W. Adorno, philosopher)
"Only a Sith deals in absolutes." (Obi-Wan Kenobi, Jedi)
Founder, president, and only member of the official "Grumpy Old Gamers Club". Please do not apply.
3.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 12:18
3.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 12:18
Mar 27, 2023, 12:18
 
Crypto is working as intended.

Fallen 'Crypto King' Who Owes Millions to Investors Was Kidnapped and Tortured
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and rented a plush waterfront home for $45,000 a month.

While he has claimed that the money was lost in a series of bad trades and margin calls, he's been accused of blowing millions on his lavish lifestyle. It's estimated that he had only invested 1.6% of the funds he was given. The court filing says:

He allegedly attempted to defend himself by saying he was a "20-something-year-old kid."

“We’ve arranged a society on science and technology in which nobody understands anything about science and technology, and this combustible mixture of ignorance and power sooner or later is going to blow up in our faces." Carl Sagan
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4.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 12:35
Kxmode
 
4.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 12:35
Mar 27, 2023, 12:35
 Kxmode
 
"Pay no attention to the smoldering building we may or may not have helped destroy. Here's a shiny new object. Go play with it."
"Listen, Peter... with great horsepower comes... the sickest drifts..." - source
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 13:28
5.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 13:28
Mar 27, 2023, 13:28
 
Glad to see some sanity in nVidia's statements. They could be going all in on crypto as a way to sell cards instead of admitting the truth that it's a waste of energy. I wonder if they'll walk that back.

And while AI is a double edge sword, I agree there are definitely benefits.
If Russia stops fighting, the war ends. If Ukraine stops fighting, Ukraine ends. Slava Ukraini!
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 13:42
6.
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."
7.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 14:35
7.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 14:35
Mar 27, 2023, 14:35
 
other than the dump truck loads of money... Nothing at all.
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 15:47
8.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 15:47
Mar 27, 2023, 15:47
 
Couldn't agree more with both.
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 15:59
9.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 15:59
Mar 27, 2023, 15:59
 
NV (like everyone else) sees a lot of income coming in from "AI" as the new $$$ buzzword on the block. Just go to ChatGPT and say, "Program the next Witcher game for me" and see what happens...;) It recently plagiarized an article from Tom's Hardware, and IP owners are already using the DMCA to take down "AI art" which happens to be little more than collected bits and pieces of existing Internet artwork and cobbling it together. In the Tom's Hardware incident, ChatGPT didn't own up to the heist of the article until it was asked point blank, and then it told the truth, "Yes, I copied it." A lot of wasted time there, eh? This ChatGPT fad has the potential to make RIAA copyright crackdowns seem like a slap on the wrist. (If you can't tell, I loathe misleading marketing.)
It is well known that I cannot err--and so, if you should happen across an error in anything I have written you can be absolutely sure that *I* did not write it!...;)
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Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 16:14
10.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 16:14
Mar 27, 2023, 16:14
 
/edit
nvrmind
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11.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 16:50
Prez
 
11.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 16:50
Mar 27, 2023, 16:50
 Prez
 
theglaze wrote on Mar 27, 2023, 12:00:
"Hey ChatGPT, how do we force NVIDIA to reduce its GPU prices?"

We're years away from creating an AI that can figure that one out.
“The greatness of a nation and its moral progress can be judged by the way its animals are treated.”
- Mahatma Gandhi
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12.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 16:50
Kxmode
 
12.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 16:50
Mar 27, 2023, 16:50
 Kxmode
 
WaltSee wrote on Mar 27, 2023, 15:59:
NV (like everyone else) sees a lot of income coming in from "AI" as the new $$$ buzzword on the block. Just go to ChatGPT and say, "Program the next Witcher game for me" and see what happens...;) It recently plagiarized an article from Tom's Hardware, and IP owners are already using the DMCA to take down "AI art" which happens to be little more than collected bits and pieces of existing Internet artwork and cobbling it together. In the Tom's Hardware incident, ChatGPT didn't own up to the heist of the article until it was asked point blank, and then it told the truth, "Yes, I copied it." A lot of wasted time there, eh? This ChatGPT fad has the potential to make RIAA copyright crackdowns seem like a slap on the wrist. (If you can't tell, I loathe misleading marketing.)
OR... it will lead to a new position called Prompt Engineer, responsible for developing the language that provides the expected output without plagiarism. AI can do amazing things but is also capable of stupidity if left unsupervised.
"Listen, Peter... with great horsepower comes... the sickest drifts..." - source
Avatar 18786
13.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 17:54
13.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 17:54
Mar 27, 2023, 17:54
 
WaltSee wrote on Mar 27, 2023, 15:59:
NV (like everyone else) sees a lot of income coming in from "AI" as the new $$$ buzzword on the block. Just go to ChatGPT and say, "Program the next Witcher game for me" and see what happens...;) It recently plagiarized an article from Tom's Hardware, and IP owners are already using the DMCA to take down "AI art" which happens to be little more than collected bits and pieces of existing Internet artwork and cobbling it together. In the Tom's Hardware incident, ChatGPT didn't own up to the heist of the article until it was asked point blank, and then it told the truth, "Yes, I copied it." A lot of wasted time there, eh? This ChatGPT fad has the potential to make RIAA copyright crackdowns seem like a slap on the wrist. (If you can't tell, I loathe misleading marketing.)

You're confused about how the technology works. You can make it say anything with enough prompt construction and goading.
It does not reply, or think, it simply predicts what completing the text should look like given the model it was trained on and any subsequent corrective training or guidance systems.
You say it replied, "Yes, I copied it," but with the right prompt it could have easily "replied" that "No, this is my original thought," or "I'm actually a monkey trapped in a cage with a typewriter."

edit: Also, upon looking up what you were talking about, that was "Google Bard" not "ChatGPT" ... and the author of that article also appears to be confused about how the technology works, or at least pretends to be for the sake of their article.
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14.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 18:42
Jim
14.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 18:42
Mar 27, 2023, 18:42
Jim
 
these ai are not intelligent, they are just good at pattern matching. That means for a given input, it looks for patterns of things that tend to follow and then constructs output based on what it finds. It does this recursively, so it can be infinitely complex, but there’s no thought process involved just a training module of things that “probably“ make sense to combine. The training modules have gotten to be very good, but there always will be a gap.
15.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 19:00
15.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 19:00
Mar 27, 2023, 19:00
 
Kxmode wrote on Mar 27, 2023, 16:50:
WaltSee wrote on Mar 27, 2023, 15:59:
NV (like everyone else) sees a lot of income coming in from "AI" as the new $$$ buzzword on the block. Just go to ChatGPT and say, "Program the next Witcher game for me" and see what happens...;) It recently plagiarized an article from Tom's Hardware, and IP owners are already using the DMCA to take down "AI art" which happens to be little more than collected bits and pieces of existing Internet artwork and cobbling it together. In the Tom's Hardware incident, ChatGPT didn't own up to the heist of the article until it was asked point blank, and then it told the truth, "Yes, I copied it." A lot of wasted time there, eh? This ChatGPT fad has the potential to make RIAA copyright crackdowns seem like a slap on the wrist. (If you can't tell, I loathe misleading marketing.)
OR... it will lead to a new position called Prompt Engineer, responsible for developing the language that provides the expected output without plagiarism. AI can do amazing things but is also capable of stupidity if left unsupervised.


Look at Chris Perna's Instagram. Being a prompt engineer will be a thing sooner rather than later. Even if that's only 5% of a job function
16.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 19:37
16.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 19:37
Mar 27, 2023, 19:37
 
I see a couple of articles saying he was tortured, but no information about any injuries he suffered. I'm leaning towards thinking the kidnapping was a sympathy play and not real. However, I could be completely mistaken. *shrug*
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
17.
 
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful"
Mar 27, 2023, 20:13
17.
Re: NVIDIA: Crypto "Doesn't Bring Anything Useful" Mar 27, 2023, 20:13
Mar 27, 2023, 20:13
 
Are you talking about the crypto bubble or the environment? ;-)
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18.
 
Re: NVIDIA on Crypto
Mar 28, 2023, 04:26
18.
Re: NVIDIA on Crypto Mar 28, 2023, 04:26
Mar 28, 2023, 04:26
 
...Apart from the world slowly saying farewell and fuck off to the Dollar. Thumbsup !
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Re: NVIDIA on Crypto
Mar 28, 2023, 09:53
19.
Re: NVIDIA on Crypto Mar 28, 2023, 09:53
Mar 28, 2023, 09:53
 
So ChatGPT... it seems to aggregate the interweb and provides a single answer as opposed to say a Google search that provides a list of multiple "answers". Is the single answer correct? It seems like a step back to me? Until it becomes conscious and I can have a meaningful relationship with it, it is just another search engine to me. Like having a PA do a Google search and compile the info into a useful report.

After the bloodbath/correction in Crypto I am sure people will be cautious until the next greed cycle happens again. The trick seems to be to get in and out at the right time which is speculation, like betting on the corrupt horse racing industry. The underlying block-chain tech is useful though for other reasons. Strange indeed Nvidia is asserting that after having profited from proof of work using their GPUs crypto has benefited them financially. Maybe the proof of stake has decreased the demand for their hardware and now they are looking forward to other use cases for their hardware, such as AI.

Edit: The thing with the latest 'AI' bandwagon that bothers me, is that the AI uses human produced articles and online knowledge to draw its conclusions. In a future where AI continues to do that and NOT draw its own conclusions, the next generation will produce less articles and knowledge to fuel it and the world will become a dumber place. Just like the 'wise' younger generation currently who feel clever when the can simply Google something as opposed to older generations where experience and life experience was valued.

This comment was edited on Mar 28, 2023, 11:13.
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Re: NVIDIA on Crypto
Mar 28, 2023, 10:51
20.
Re: NVIDIA on Crypto Mar 28, 2023, 10:51
Mar 28, 2023, 10:51
 
hypnotic wrote on Mar 28, 2023, 09:53:
So ChatGPT... it seems to aggregate the interweb and provides a single answer as opposed to say a Google search that provides a list of multiple "answers". Is the single answer correct? It seems like a step back to me? Until it becomes conscious and I can have a meaningful relationship with it, it is just another search engine to me. Like having a PA do a Google search and compile the info into a useful report.



It can save time in starting a big search, but don't think about it as a search tool. Think of it as a content creation tool. It's free to try (the Bing one is better than the Google one.) Ask it to write you a poem, or a play starring two of your favorite characters from something.
And why would you want a meaningful relationship with a tool?
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