3 ms·
Microsoft is worth $4T, so if you buy one MSFT share only ~3% of that is invested in OpenAI. Even if OpenAI outperforms everyone's expectations (which at this p
by paxys 1y ago
Microsoft is worth $4T, so if you buy one MSFT share only ~3% of that is invested in OpenAI. Even if OpenAI outperforms everyone's expectations (which at this point are already sky high), a tiny swing in some other Microsoft division will completely erase your gains.
- ivape 1y agoMarkets trade on a magical growth valuation. Nothing you said matters at all at the moment and won’t for about 5 or so years. People are going to eat shit over and over when they keep talking like this, just look at what NVDA did today. It’s not going to stop.
- pinkmuffinere 1y ago5 years is a pretty long time to predict with confidence. Definitely agree that "the markets can remain irrational longer than you can remain solvent", but 5 years would be unusually long if you believe we're already in a bubble.
- deleted 1y ago[deleted]
- pllbnk 1y agoFiat currencies are becoming meme tokens at this point. I think we are in a hyperinflation era and consumer price growth will simply have to catch-up to the stock market growth rate because wealth isn't being created right now, it's just being inflated. All of those who are investing in stock market and thinking they are becoming rich might just realize that those were the paper gains when they will still not be able to afford anything with all the big numbers in their investment accounts.
- ForHackernews 1y agoYeah, but on the plus side when the AI bubble bursts at least you've still got Excel.
- HPMOR 1y agoNo reason to believe it is a bubble
- deleted 1y ago[deleted]
- margalabargala 1y agoLots of reasons to believe it's a bubble. No hard proof it's a bubble. Bubbles can only be proved to have existed after they pop.
- LargoLasskhyfv 1y agoI can prove soap-bubbles to exist by seeing them, long before they pop. Alternately one can blow them away, again without letting them pop.
- margalabargala 1y agoDifferent kind of bubble. Context clues are your friend here :-)
- ethbr1 1y agoClaude for Excel! https://news.ycombinator.com/item?id=45722639 https://news.ycombinator.com/item?id=45722639