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Isn't the lack of stocks to punt on a dysfunction of the investment system? The VC market is doing the speculation, and you are locked out - not because they do
by sgt101 7y ago
Isn't the lack of stocks to punt on a dysfunction of the investment system? The VC market is doing the speculation, and you are locked out - not because they don't want your money, but because they don't want you to have a chance of getting theirs!
- tim333 7y agoI'm not sure to be honest. Google is the company that probably has the most value in its AI projects but the money it makes from advertising dominates. You could argue that buying Tesla stock is a punt on its 'full self driving' stuff but TSLA is not really soaring and people don't believe them.
- acollins1331 7y agoI personally would put my money on Nvidia when it comes to most value in AI projects, but I don't have inside knowledge with either company.
- bluGill 7y agoNvidia makes shovels. They stand to make a lot of money no matter what AI works out (possibly more than anyone else), all that without having to do any AI themselves.
- acollins1331 7y agoExcept Nvidia publishes some of the best (and most) machine learning papers when compared to other companies or universities
- high_derivative 7y agoIts research is heavily focussed on showcasing new applications for Nvidia hardware.
- seanmcdirmid 7y agoMaking shovels for the AI crowd is also a lot safer than making them for the bit miners.
- gubbrora 7y agoKinda and kinda not. They have done well so far but they could conceivably be beat by a dedicated chip. They need make sure they keep up with the research so they build what the community wants.
- carlmr 7y agoIf the bubble is only VC money as you suggest, then I don't see it having very strong negative effects outside of Silicon Valley. I'm more worried about global economic crises than VCs losing their money.
- scottlocklin 7y agoI've said this many times when I watch VCs invest in some damn fool thing: there should be a market for selling such investments short. Maybe I should ask a VC for backing for this idea.
- carlmr 7y agoThere's probably some betting shop for this.
- ummonk 7y agoHow much VC money is going into direct AI / ML startups as opposed to generic consumer cloud or SaaS startups?