"99% Of People Have No Idea How Bad This Really Is" - Nvidia CEO 2024 Prediction
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- 00:00:00 Market Overview and Stock Losses
- The technology sector faces significant sell-offs with major companies experiencing drops.
- Major companies like Nvidia, Amazon, and Apple have seen their stock prices fall by over 3%.
- The NASDAQ has dropped more than 10% from recent all-time highs, leading to widespread losses for investors.
- 00:04:03 ️ Computing Trends and Challenges
- A shift from traditional CPUs to accelerated computing architectures to meet growing demands.
- The necessity for generative AI and data processing requires significant energy and computational resources.
- Nvidia discusses the development and challenges of new markets, emphasizing the constant need for innovation.
- 00:07:13 Energy Consumption and Generative AI
- Generative AI is energy-intensive, consuming a notable percentage of the world's energy resources.
- The ongoing transition toward accelerated computing aims to improve efficiency and reduce energy consumption.
- Long-term goals of generative AI include optimizing processes to lower overall energy usage across various sectors.
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