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The comparison is fine. It's a comparison between the labor of a country of 45 million people working for a full year vs the value created by a company with 25
by gizmo 3y ago
The comparison is fine. It's a comparison between the labor of a country of 45 million people working for a full year vs the value created by a company with 25 thousand employees working for a few months.
It's not a perfect analogy (what analogy is?) but it is the kind of thing that should make you go "hmm".
- jsnell 3y agoIt's pretty obvious that Nvidia didn't create $500 billion in value in a few months. Either the vast majority of that value was created over the last decade or so, and is now being harvested with a delay, or it's a speculative bubble rather than value creation.