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Reply to "AMZN and GOOG earnings show AI top is in"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Uh...even more amazing that you believe that's what happened. Pump and dump as old as time. There always has to be a tale to feed the irrational exuberance. This time around it was AI.[/quote] This. That’s why Altman is pushing so hard to IPO ASAP. He knows the music is about to stop and his “AGI is almost here” fundraising pitch is getting tired. Whereas Google has built in distribution for LLMs. I still think anyone in Chat GPT before the $500B valuation is going to make a killing though. My friend got in around $80B and their PPUs are worth $30M now as an L5 (basically 10 YOE). Bigger question is what’s the next big thing that gets pumped - we had SaaS, then crypto, now AI since 2020 alone. [/quote] Quantum computing [/quote] LOL - so stupid, but actually might have some merit. Both were being researched MANY years ago, but just needed a buzz. QC can solve some amazing problems quickly, but unlikely it gets 1/1000000th the hype of AI.[/quote]
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