Not sure if the financing could get more circular.
Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all. - John Maynard-Keynes
Y’all believed that bullshit? Seriously? This dude was bad news from day one but Scammy Altman. Felon Musk, Mark Fuggerbeurk, Diarrhea Amodei, Sundar Pagal Bakwaas are all equally at fault.
I’m not completely sure, but I think you may have a typo somewhere in there.
The funny thing was is I always told myself I didn’t like Nvidia. There was just something about them being everywhere that always annoyed me. But the stock did great. The cards were awesome. AMD just couldn’t get their acts together to compete against anything Nvidia or even Intel for that matter. It’ll be interesting to see what happens in the next 6 months to a year with all of this. Maybe Nvidia will go back to making graphics cards and leave the AI to the new sheriff’s in town whoever those turn out to be.
As a Nasdaq ETF holder can I sue the pants off of Nvidia?
unsure, tbh. technically he did activate more money to chase his cards while keeping prices high for large-scale customers, so it would be really difficult to claim he did not act in nvidia’s best financial interest this particular time. sure it’s an evil move, but it’s pro-corporate evil, which is explicitly encouraged under securities legislation.
I hope he suffers long and hard. His actions are also terrible for the environment.
holy marbles, the delusion gamers make to cope. Rubio already pardoned him!
“I am shocked there’s gambling in this casino!” moment here.
But truly, these folks triggered what might be the one of the biggest economic busts in history by creating an entire fake industry around so-called “AI”. Gamers got to be first on the chopping block. Now the rest of the economy is gonna be on the hook.
Lol. Did you guys think there was an actual shortage?
There’s no ram shortage either, hate you break it to you.
Thing is, I said something to that effect a while back, that this was nothing but manipulation. Then came the “nah broh, this is real, we ran out sand and fabs” comments.
I’m not going to gloat about something terrible being true, but I am going to wag my finger at people who are too naive to question the motivations of the ultra-wealthy.
Thanks for taking down to us, we were all born yesterday out of the same vag.
Fuck that guy.
Chinese spies taking notes
microsoft drank the cool-aide and turned the hallucination loose on 365? hmm
I wonder how that’s playing out with corporate customers. My company went from reliable customer to offering employees the choice of macbooks, moving to Google workspace away from m365, and moving to GitHub Enterprise (self hosted) away from GitHub.
So your company has 34 people or they love wasting money on divergent technology?
I’m not a fan of MS at all, but trying to run a scattered mess of technology gets very expensive very fast, even more at scale.
Shattering? Upholding the perception.
The next bubble is coming. Who is providing the electricity for the coming flood of chips?
Solar… there is enough power to go around.
What makes you think there’s a flood of chips coming? The chip makers have been producing them at a constant rate. The electricity shortage is an issue, but that’s why the hyperscalers have been spending so much on generators and talking about restarting mothballed nuclear reactors.
If the AI bubble pops, the chips will mostly go unused, or at least lightly used, and the electricity demand won’t happen.
Now that people know that there is excess silicon they can’t hide it anymore.
The AI company valuation may pop but AI will stay. There is no limit to the amount of AI that can be used.
There is certainly a limit. One we’ve already reached.
There isn’t excess silicon.
AI will stay. There is no limit to the amount of AI that can be used.
Well, that’s debatable. Right now the advances and continued low costs are heavily subsidized by the speculation. As speculation slows, it remains to be seen how that impacts costs, demand and quality.
And then I have to read some dumbass commenting that he was the only one still fighting to keep GeForce going, while simultaneously working to keep prices high, lmao
“Love you guys”
Jensen Huang, to all of the gamers in the world
Abusers love saying that
You can tell he was a gamer because he took an arrow to knee
Capitalists gonna capitalist
