"One is that compute is (at least for now) not nearly commoditized (or fungible enough) to be traded like a commodity" Yup Most of the compute/Flops will be for inference but inference is a memory bound workload (the amount of mem bandwidth u get matters much more) Depending on the provider (neocloud, hyperscaler etc), cluster, type of GPUs the goodput can vary by a lot Compute isn't like oil
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