Nvidia — the Machine Learning Company - Acquired

## Metadata
- Author: **Acquired**
- Full Title: Nvidia — the Machine Learning Company
- Category: #podcasts
- URL: https://share.snipd.com/episode/1b7a846f-0147-4d62-bb43-76547ed8c46d
## Highlights
- The Truth About Jenson and Alec's Net
Key takeaways:
(* Jenson did not plan Alec's net, and did not see it coming., * Alec's net was an intentional investment by the company, and it paid off.)
Transcript:
Speaker 1
Well, jenson would say it was intentional, that they did know the market timing and that the stra e was right and the investment was paying off, and that they were doing this the whole time, a sirin fact, even in the ben thompson interview, i think he said, ben basically lays out like, how did all these implausible things happen at exactly the right time? And in his responses, oh, yes, we planned it all. It was so intentional.
Speaker 2
Jenson did not plan alec's net or see it coming, cause nobody saw alec net coming. So in two tho nine, a princeton computer science professor and also undergradalum of princeton, just like yours, truly woo wonderful place, named fa fa lee, their specialty is artificial intelligence in computer science, starts working on an image classifying project that she calls image net. Now, the inspiration for this was actually a way old project from the eighties princeton called word net that was like classifying words, but this is classifying image. ([Time 0:42:25](https://share.snipd.com/snip/03054ebe-6557-400f-8bfe-70ffd10518c8))
- The Nvidia "Crypto Mining" Card
Key takeaways:
(* Nvidia is working with game developers to create optimized games for their hardware,., * Nvidia has also created dedicated crypto mining cards in order to keep gamers happy.)
Transcript:
Speaker 2
Tat's so is, i'm remembering back to the riva one, 28 in the beginning, when they went to game developers, an they were like, g all the blend modes and indirect acts. You know, you don't need all them. Just use these.
Speaker 1
Yes, exactly. Exactly. And they have the power to do it. I mean, they have to stick and the curate with game developers to do it. Oh, even at this point, no game developer is not going to make games optimized for the latest in vidia hardware. The other thing that is funny, that's within the gaming segment, cause they didn't want to create a new segment for it, is crypto. So because they have poor visibility into it, and before they weren't liking the fact that it was actually reducing the amount of cards that were available to the retail channel for their gamers to go and buy, what they did was they artificially crippled the card to make worse at crypto mining.
Speaker 2
And then they came out with a dedicated crypto mining card. Yes.
Speaker 1
And so, like, the charitable p r thing from envidia is, hey, you know, we really, we love gamers, and we didn't want to make it so that the gamers couldn't get access to, you know, all the cards they want. But really, they're like, hum people are just like, straight up performing an arbitrage by crypto mining on these cards. Let's make that more expensive on the cheap card, and let's make dedicated crypto hardware for them to buy to do those. Let's make that our arbitrage.
Speaker 2
Yes, your arbitrage is my opportunity. ([Time 1:32:56](https://share.snipd.com/snip/a2ca5fa3-4cdf-4fc6-8e7a-8e67d69d9bb4))