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I am a partial believer that the real race for many tech players is actually AGI and ASI later and till the problem is solved the hardware arm race will keep being part of it.

Not only big tech is part of it but billion dollars startups are popping everywhere from China to US and Middle East.

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Unless we hit another AI winter. We might get to the point where the hardware just can't give better returns and have to wait another 20 years for the next leap forward. We're still orders of magnitude away from the human brain.

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