This cake is a lie.
Stable Diffusion model that was publicly released this week is a huge step forward in making AI widely accessible.Yes, DALL-E 2 and Midjourney are impressive, but they are a blackbox. You can play with it, but can't touch the brain.
Stable Diffusion not only can be run locally on relatively inexpensive hardware (i.e. sized perfectly for wide availability, not just bigger=better), it is also easy to modify (starting from tweaking guidance scale, pipeline and noise schedulers). Access to latent space is what I was dreaming about, and Andrej Karpathy's work on latent space interpolation https://gist.github.com/karpathy/00103b0037c5aaea32fe1da1af553355) is just the glimpse into many abilities some consider to be unnatural.
Model is perfect with food, good with humans/popular animals (which are apparently well represented in the training set), but more rare Llamas/Alpakas often give you anatomically incorrect results which are almost NSFW.
On RTX3080 fp16 model completes 50 inference iterations in 6 seconds, and barely fits into 10Gb of VRAM. Just out of curiosity I run it on CPU (5800X3D) - it took 8 minutes, which is probably too painful for anything practical.
One more reason to buy 4090... for work, I promise!