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The AI bubble as of now is nothing compared to the dotcom bubble. The only real reflection of it is in the nVidia stock price. We're not seeing IPOs of companie
by rapsey 2y ago
The AI bubble as of now is nothing compared to the dotcom bubble. The only real reflection of it is in the nVidia stock price. We're not seeing IPOs of companies making no revenue and being valued in billions. It is all mag 7 capex going into nVidia.
Private startups having high valuations is completely irrelevant. VCs getting wiped out is not relevant for the wider economy.
- lolinder 2y agoI'm not saying that the economy will collapse, I'm suggesting that it's entirely reasonable to guess that AI investments will collapse.