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this post was submitted on 04 Nov 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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I don't think Trump's presence changes much regarding the AI bubble. It's still massive capital and operational expenditure, with ??? revenue to show for it. Trump very likely faces a big stock market correction in 2025 or no later than 2026, just as surely as Harris or Biden would have.
and they just added Nvidia to the indexes, replacing Intel in at least one
nvidia will be fine - they know damn well this is a bubble - but number is going to take a beating
Doesn't hurt them to strike while the silicon is hot.