2 ms·
Still, the hype was to 10x and the incremental benefit is less, which means the capex won't return the hype value beyond the profit already made. Time to go ba
by ggm 2y ago
Still, the hype was to 10x and the incremental benefit is less, which means the capex won't return the hype value beyond the profit already made.
Time to go back to predicting war and making huge profits on that game.
- rockemsockem 2y agoI'm really curious how much valuations, especially for big companies, have been based on things like "anyone can create a website with no technical knowledge", "programming will just be natural language in a few years", and "you are now the manager for an infinite number of junior developers". I think wall street is a bit smarter than that, but I'm not totally sure. I'm thinking that there are expectations of efficiency gains across a really broad range of tasks, i.e. programming, support, copy-editing, graphic design, etc, which will lead to significant increases in economic value. But it's impossible to know what the broad market is thinking, so IDK