Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 month agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square11linkfedilinkarrow-up12arrow-down10
arrow-up12arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 month agomessage-square11linkfedilink
minus-squareSnot Flickerman@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·1 month ago Potentially even one or two tech companies that have been around for decades depending on how large it gets before that burst. Please be Microsoft, please be Microsoft, please be Microsoft.
minus-squareScubus@sh.itjust.workslinkfedilinkEnglisharrow-up0·edit-21 month agoItll be nvidia and openai primarily, id have to imagine
minus-squareWomble@piefed.worldlinkfedilinkEnglisharrow-up0·1 month agoIt wont be Nvidia unless they play things incredibly badly, they’re the only ones making actual profit by selling shovels in the goldrush.
minus-squareScubus@sh.itjust.workslinkfedilinkEnglisharrow-up0·1 month agoYeah, but dont they also have the largest promisory debt? Havent they loaned the most most money that they dont actually have?
minus-squareWomble@piefed.worldlinkfedilinkEnglisharrow-up0·1 month agoFrom a quick look they have ~40B USD in liabilities and make ~115B USD gross profit. Being able to pay off the entirety of their debt with 4 months of profit seems pretty healthy to me.
Please be Microsoft, please be Microsoft, please be Microsoft.
Itll be
nvidia andopenai primarily, id have to imagineIt wont be Nvidia unless they play things incredibly badly, they’re the only ones making actual profit by selling shovels in the goldrush.
Yeah, but dont they also have the largest promisory debt? Havent they loaned the most most money that they dont actually have?
From a quick look they have ~40B USD in liabilities and make ~115B USD gross profit. Being able to pay off the entirety of their debt with 4 months of profit seems pretty healthy to me.