23 comments

  • gaws an hour ago ago

    Not your personal army.

  • 5 hours ago ago
    [deleted]
  • FergusArgyll 5 hours ago ago

    At least AI is not depressed all the time and trying to make everyone lose their money

  • bigyabai 6 hours ago ago

    Shorting Nvidia this late into the game would just reward the people going long on the stock, perpetuating the bubble with your own hubris.

    • roschdal 6 hours ago ago

      Nvidia P/E ratio 34.47. should be 10.

      • bigyabai 6 hours ago ago

        It can get even higher.

        • roschdal 5 hours ago ago

          I can remain irrational far longer than AI stocks can pollute nature, pillage earth and cause drought and heat related fires.

          Today is the Terminator AI moment.

          • bigyabai 5 hours ago ago

            > I can remain irrational far longer than AI stocks can pollute nature

            AI, pollution, eminent domain and global warming will all outlast you.

            > Today is the Terminator AI moment.

            Try mid 1990s, the earliest deployment of autonomous-kill weapons like the Patriot System and CBU-97 SFW.

  • dieselgate 6 hours ago ago

    > Humans are better than AI. Sure.

    > sell our AI stocks... and pop the AI bubble

    Not sure it works that way, unfortunately. e.g. index funds

  • dmvjs 4 hours ago ago

    you first

  • roschdal 5 hours ago ago

    the AI emperor is naked.

  • __patchbit__ 6 hours ago ago

    Routes. Resources. AI. Accelerated Infrastructure. What is there to not like?

  • 1attice 3 hours ago ago

    AI is a generational attack on working people everywhere by the capitalized class.

    It has earned our animosity, especially if the attack looks like it will actually go through.

    And, ironically, I don't think the capitalized even understand that they are building a giant guillotine for themselves, as if the buildout billions are well-spent, there would necessarily be a communist revolution, and it would be bloody. No one eats safely around the starving.

    Without a horse in this race, I'm fascinated to see which the market chooses: machine-god + self-annihilation, or humiliation + bankruptcy.

    Either way, there is nothing like the present configuration on the other side. Its a political, not technological, singularity.

  • JoshTriplett 6 hours ago ago

    Standing reminder: The market can remain irrational longer than you can remain solvent.

    • roschdal 6 hours ago ago

      My intuition tells me I am right about this one.

      • bigyabai 6 hours ago ago

        Your intuition has been telling you this same thing for years, now:

        https://news.ycombinator.com/item?id=45530497

        https://news.ycombinator.com/item?id=44203174

        https://news.ycombinator.com/item?id=41093016

        If you shorted Nvidia back when you started complaining, you would not be any richer or better-off today. I'm not an AI maxi, but you've let your own emotions poison your understanding of the AI market segment.

      • tanseydavid 5 hours ago ago

        Another standing reminder:

        LONG position: potential losses (FIXED), potential gains (INFINITE)

        SHORT position: potential losses (INFINITE), potential gains (FIXED)

      • toomuchtodo 5 hours ago ago

        Grab a coffee with Leopold Aschenbrenner, ask how their experience with intuition went. You must be right, on time, and with sufficient capital behind you to win.

        • lesuorac 5 hours ago ago

          Arguable he had all 3. He was right about the market going up for AI, he was right about the years, and he had double-digit billions behind him.

          It's just there's no sufficient capital when you decide to re-leverage to 4x every time you can.