etempleton

9 ms·

61.
by etempleton 4mo ago
A real snooze fest. I care so little about the AI features. I felt like they introduced the same thing over and over again. I would be more excited if they said “AI? Yeah, we decided we aren’t interested in doing it anymore.”
62.
by etempleton 4mo ago
I think there are also people who understand the technology but overestimate potential impact. I remember someone at the Apple Vision Pro announcement arguing that this would be one of Apple’s biggest products and everyone would want them f
63.
by etempleton 4mo ago
One of my indices of mania. You saw similar comments for crypto, blockchain, NFT, VR.
64.
by etempleton 4mo ago
Effectively it is solely owned by Elon and other people have an equity stake. This is another huge risk. You have to trust Elon not to get distracted and decide to hard pivot to something else. Look at Tesla and their hard pivot to humanoid
65.
by etempleton 4mo ago
By what metric would you consider the AI market undervalued? How do you value the AI market? Sometimes inventions change the world and companies struggle to make money. Airlines and the entire aerospace struggle to make money but no one can
66.
by etempleton 4mo ago
I like to look at the memory I bought a little less than a year ago which has gone from $300 at time of purchase in summer 2025 to $1250 to $1500 today. Absolute insanity.
67.
by etempleton 4mo ago
Impact in the zeitgeist. Twitter was everywhere. Regularly referenced on live news television statins. Was considered a major news source. Shows had segments dedicated to it. Everyone and every brand had a Twitter. That is not the case tod
68.
by etempleton 4mo ago
The downfall of Twitter is one of the most spectacular self inflicted business failures I have ever witnessed. Amazing to think it was once so ingrained in mainstream society.
69.
by etempleton 4mo ago
But the stock market is not priced for what is happening. It is priced for what investors think will happen. And investors think companies are going to make a lot of profit in the next 3-5 years from AI. If investors lose confidence it will
70.
by etempleton 4mo ago
The checks stop being written.
71.
by etempleton 5mo ago
I think the earnings are suspect and exaggerated. Hardware manufacturers are making real money now, but there is a big question if any of these AI companies can deliver profitability to match their current valuation let alone future valuati
72.
by etempleton 5mo ago
You could move your passive investment to an index that includes a great proportion of bonds or move to an entirely bond based index. You reduce the upside potential and downside potential. I personally have moved my retirement accounts to
73.
by etempleton 5mo ago
Because the most important thing for any pure play AI company right now is to prove they are a viable company. And sure they have proved they can make billions, but also that they can lose billions more. They are going to need even more mon
74.
by etempleton 5mo ago
It is one of the most common procedures and is generally very safe. Even a botched procedure probably just means some temp discomfort after the procedure. Much better than the alternative.
75.
by etempleton 5mo ago
I agree. It is quite nice. Just way too expensive. If this was a $100,000 Apple car people would be lining up to buy one.
76.
by etempleton 5mo ago
I didn’t realize it was an Ive creation. The asthetics make more sense now. It just doesn’t really make sense as a Ferrari. Ferrari makes super cars and this is kind a a run of the mill ev under the hood. The interior is very nice. The rest
77.
by etempleton 5mo ago
This is a very strange car for Ferrari to make. What people expected is a Rimac and instead they get a fancy electric Prius. Maybe it is really a functional prototype, but Ferrari as a company does strange things. They live off of their nam
78.
by etempleton 5mo ago
The book industry, despite its size, really doesn’t have large budgets on a per book basis. They release so many books and almost all of them lose money. Maybe 20 percent of published books break even and most of those just barely so.
79.
by etempleton 5mo ago
My favorite was block chain. A company I used to work for that was not a tech company, suddenly going on about the block chain. I saw former, non technical colleagues that were still there write long authoritative LinkedIn posts about the
80.
by etempleton 5mo ago
I have seen both. I have heard some talking on live television about how it is a bubble, but it isn’t popping yet, so keep investing. Everyone seems to just be trying to get theirs while the party is still happening.
81.
by etempleton 5mo ago
You have to realize rich people can be stupid too.
82.
by etempleton 5mo ago
VCs, PE and investors in general. Not all, but enough. Watch CNBC or Yahoo News for even 10 minutes—the sheer stupidity and mania around AI right now is frankly terrifying.
83.
by etempleton 5mo ago
SpaceX won’t really be a public company in the traditional sense. Class A shareholders will have no real ownership of the company. If he wants to hard pivot to selling hamster balls no one can do anything about it. The fact that the Nasdaq
84.
by etempleton 5mo ago
All of those companies will be fine, but they are currently valued on the stock market for future earnings. Investors anticipate them making a lot more money in the future. So stocks will slide dramatically. Open AI and Anthropic might not
85.
by etempleton 5mo ago
The difference is the sheer scale of the spend. I bet that SaaS company hasn’t spent the annual GDP of a small nation. If Chat GPT can’t pay the bills it is going to ripple through the economy likely causing at minimum a large correction. I
86.
by etempleton 5mo ago
There is zero appetite for things that make a little bit of money, but in big tech there is limitless appetite for things that lose money but might make a lot of money one day. If it ends up AI only makes a little profit annually in the lo
87.
by etempleton 5mo ago
My experience in American organizations is that products and services need to not just make money, but make a lot of money. There is zero appetite for things that make a little bit of money relative to the cash cows of the company. You coul
88.
by etempleton 5mo ago
I have noticed a certain personality gloms onto AI and unlike other technologies, it is so easy old people and the technologically illiterate can do it! In fact, old people and morons seem to love it. And it gets annoying really fast. The s
89.
by etempleton 5mo ago
This is really my bear case against AI. I am not against it. I actually think it is really neat! But we have been working on driverless cars for how long and spent how much? And still things like a flooded roadway completely throw them. T
90.
by etempleton 5mo ago
I think if SpaceX were to drop dramatically it may spook the market and lead to a lot of the NASDAQ 100 pulling back.

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