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Nvidia Part III: The Dawn of the AI Era (2022-2023)

9256.604 - 9271.492 Ben Gilbert

So this leads me to my next bear case, which is the models will get good enough and then they'll all be trained and then we'll shift to inference. And most of the compute load will be on inference where NVIDIA is less differentiated. There's a bunch of reasons I don't believe that. That is a popular narrative, though.

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