Yea as far has hobbies go, I feel like this is on the low end. I know people who collect watches and corvettes, that's way more expensive and functionally you can't really do anything special with them.
Only the oldest, most unique model years: nobody is buying (C4-C5-realistically C6) mid-90s or early 2000s Corvettes for more than what they paid for them, and they never will.
Corvettes don't appreciate in value, and high end data center hardware isn't dropping in value anymore. A100s are more than 2 dollars an hour, more than they cost in 2023.
> The difference is watches and corvettes typically appreciate in value
Both of those things' value drops like a rock as soon as you buy them and, at least for cars, they don't all appreciate. Most don't. Even so, they appreciate at an incredible slow rate.
I can't speak for watches but I'd be surprised if it wasn't the same situation.
At least the gpus can create value after you buy them before they are worthless.
Yet Ford claims it is impossible to sell any pickups for > $60K, so they killed the lightning.
I assume (since they claim they are selling the batteries to AI data centers), they’ll produce some sort of EV >= F150 once the bubble pops, and we get a new president.
Automotive EE here… every other decision about vehicles is about emissions. CAFE, the reason that a company releases X model is that they can then sell more Y models that get worse mileage.
EV is a separate thing. Vastly overmarketed for the technology as it exists today.
Probably a bit niche at the moment really. The only people interested in that are us nerds, and the product segment is very adhoc - especially for the local crowd where an epyc, with a bunch of pcie riders and some 3090s on a steel frame is considered optimal
And there's your idea. If you could find a way to get people to add another $500/month over 80+ months to an auto loan, dealers would eat that up like filet mignon.
Sure, If you want to light money on fire for entertainment, more power to you. There's probably worse ways to light 100k on fire. If I have an extra 100k laying around it's going to my family though.
Yea as far has hobbies go, I feel like this is on the low end. I know people who collect watches and corvettes, that's way more expensive and functionally you can't really do anything special with them.
The difference is watches and corvettes typically appreciate in value, where as computer hardware typically drops like a rock.
> watches
Some, and the market fluctuates a ton.
> corvettes
Only the oldest, most unique model years: nobody is buying (C4-C5-realistically C6) mid-90s or early 2000s Corvettes for more than what they paid for them, and they never will.
Corvettes don't appreciate in value, and high end data center hardware isn't dropping in value anymore. A100s are more than 2 dollars an hour, more than they cost in 2023.
Also LLMs are mainly used for work and if you can spend 6 digits on watches your likely financially independent.
> The difference is watches and corvettes typically appreciate in value
Both of those things' value drops like a rock as soon as you buy them and, at least for cars, they don't all appreciate. Most don't. Even so, they appreciate at an incredible slow rate.
I can't speak for watches but I'd be surprised if it wasn't the same situation.
At least the gpus can create value after you buy them before they are worthless.
hmm ok let's build a state of the art from 2021 homelab using 2x Epyc Milan chips + DDR4 RAM and lmk how much it costs...
I can't help but ask where this comment came from, you must have some exposure..
It is so easy to spend $100K on a pickup truck these days, it's not even funny.
A Honda minivan is > 50k.
Factory F350 Platinum is at least 90k sticker.
Yet Ford claims it is impossible to sell any pickups for > $60K, so they killed the lightning.
I assume (since they claim they are selling the batteries to AI data centers), they’ll produce some sort of EV >= F150 once the bubble pops, and we get a new president.
Automotive EE here… every other decision about vehicles is about emissions. CAFE, the reason that a company releases X model is that they can then sell more Y models that get worse mileage.
EV is a separate thing. Vastly overmarketed for the technology as it exists today.
Because car loans can’t be used to buy computers
Surprising that the banking industry has not come up yet with the AI native consumer product loan for GPUs.
Probably a bit niche at the moment really. The only people interested in that are us nerds, and the product segment is very adhoc - especially for the local crowd where an epyc, with a bunch of pcie riders and some 3090s on a steel frame is considered optimal
Paging Mr. Son. Mr. Son, please pick up line 3.
And there's your idea. If you could find a way to get people to add another $500/month over 80+ months to an auto loan, dealers would eat that up like filet mignon.
Sure, If you want to light money on fire for entertainment, more power to you. There's probably worse ways to light 100k on fire. If I have an extra 100k laying around it's going to my family though.