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Joined 3 years ago
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Cake day: July 5th, 2023

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  • its nvidia and AI creating a bubble on the belief they’ll be able to get profit and get out before it pops.

    But all it is… is imaginary money going around in circles. nvidia invests a trillion in AI, AI buys a trillion dollars of nvidia videocards from some nebulous point in the future where they arent made yet, nvidia invests that trillion back into AI, AI uses it to buy ridiculous amounts of ram that wont be made for years, RAM invests it back into AI, and on and on they go, generating imaginary money and value, by buying imaginary things.

    under a sane government this would be investigated as raw stock manipulation and fraud

    I really hope when this bubble pops nvidia is destroyed in the process along with the AI companies.
















  • nvidia gives a trillion dollars to AI, AI buys a trillion dollars of future, currently unmade video cards to run the AI, nvidia gives AI another trillion dollars, AI buys another trillion dollars of unmade future cards, etc etc etc.

    Its the biggest, highest energy economic ouroborus I’ve ever seen.

    I cant see how nvidia survives the pop, and quite frankly, I’d be glad to see nvidia die. its been dragging the GPU market in bad directions for a decade+ now and I think it’d be better to be free of its influence… and it’d open the door to new players to step up and competition again.