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How long can this go on for?
by GiorgioG 1y ago
How long can this go on for?
- Ianjit 1y agoForever, tech has become a never ending sequence of bubbles and hype cycles.
- GiorgioG 1y agoThe duration of this hype-cycle/bubble has exceeded my expectations.
- rhetocj23 1y agoPersonally Im not surprised. Im bearish on the capabilities of LLMs given the amount invested, but, I also believe theres about 2 years left (of minimal progress relative to money invested) to go before things finally start to crater.
- oskarkk 1y agoIt's not that long IMO, it's been 2 years since Nvidia stock took off, and at that point OpenAI was valued between $29B and $86B (compared to $500B today), so I'd say we've entered bubbly territory around then.
- DANmode 1y agoFollow cryptocurrency for a closer understanding of inebriated capital trying to chase the new thing.
- buyucu 1y agoAs long as investors are willing to pay for it.
- arcticbull 1y agoI can’t help but feel their push to go public is driven by their having milked the private markets dry.
- rhetocj23 1y agoYes if their existing investors were seeing stuff that indicated they would create escape velocity, they would queue up to purchase more stock.
- onetokeoverthe 1y ago[dead]
- therealdrag0 1y agoUber was in the red for like 10 years, and burned 31B, and complaints of it popping were constant. But here we are with it still going and now profitable.