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You seem really confident that it is a bubble. Do you have a short position? Or do you want to make a concrete bet on it? If the valuation of OpenAI in 6 month
by simianwords 1y ago
You seem really confident that it is a bubble. Do you have a short position? Or do you want to make a concrete bet on it?
If the valuation of OpenAI in 6 months is not less than what it is now, would you gracefully agree you were wrong?
- ekr 1y agoIt's still a bubble, even if it doesn't or won't at all implode. It's a bubble because the underlying economic realities don't come anywhere close to the current valuation. I.e. it's all so inflated due to speculation. 6 months is nothing and doesn't say anything. But AI is just the frothing on top of the debt bubble, and all the cheap money that is still circulating around the economy. What I'm personally doing is taking on an asset allocation that would weather a potential downfall.
- simianwords 1y agothis is a weak argument. if a bubble doesn't pop it is not a bubble. you can't keep claiming it is a bubble for 10 years
- bobthepanda 1y agothe Chinese property bubble took about that long to pop, but it eventually did.
- giantg2 1y agoIt seems the AI bubble may be starting to pop for some, like plantir and nvidia.
- simianwords 1y agowhen?
- giantg2 1y agoLast couple days. Moreso Plantir than Nvidia.
- creer 1y agoPalantir is an AI stock?
- giantg2 1y agoThey're supposed to be a major source of AI tools for government. That's not all they do, but that's what has been driving the massive stock price increase.