> My CoreWeave analysis may seem silly to some because its value has quadrupled — and that’s why I didn’t write that I believed the stock would crater, or real

> My CoreWeave analysis may seem silly to some because its value has quadrupled — and that’s why I didn’t write that I believed the stock would crater, or really anything about the stock. I think the underlying belief causing people to believe things like this are "silly" or that AI criticism is overstated is that the market does not really make mistakes, at least not in the aggregate. So, if XYZ company's CEO says "Our product is doing ABC 300000% better and will take over the world!" and its value/revenue is also going up at the same time, that is seen as a sign that the market has validated this view, and it is infallible (to a point). Of course, this ignores that the market has historically and often been completely wrong, and that this type of reasoning is entirely circular - pay no attention to the man (marketing team) behind the curtain or think about it too hard.