Crypto bubble survivors? You mean people with strong money?
Of course AI is a totally new concept and has never had a market crash before.
today i learned, thanks for the info!
RIP lisp machine
Again, upvoting not for the programming meme but to encourage the spread of She-ra content
If I had a nickel for each time I commented this, I’d have 3. That’s all.
I’m not a big market speculator guy. Does anyone know if there is a way to bet against AI, to make money when the AI bubble pops? Not shorting.
How else would you bet against AI if not by shorting?
I mean I have heard of betting sites having bets on some weird stuff, maybe they offer AI bubble bursts by x date, but I doubt it
That’s why I asked. Shorting would involve betting the bubble will pop in a specific time frame and has no upper end to what I could lose if the bubble doesn’t pop in time. I was asking if there is any other way to bet against them that I didn’t know about. Something without that time frame and/or lower risk.
Yes, investing in non AI companies and avoiding indices which include AI. Lower risk/reward, more passive stance. Shorting is higher risk/reward, active stance against it.
Put options on NVIDIA? Still has the problem of having to prefict when it’ll pop.
It’s hard to think of a company that stands to gain massively from AI collapsing, so I say just put your money in index funds that exclude the “magnificent 7” (Tesla, Nvidia, Microsoft, Google, Apple, Amazon, and Meta) or even put it in foreign country’s index funds.
Perhaps invest in the “wait and see” companies? On the theory that companies that went all-in on ai have now massively disadvantaged themselves in their respective competitive marketplaces.
Tech bros would love if LLMs are like crypto. This is like the bazillionth crypto bubble.
The only thing LLMs have contributed so far for me is that with my phone job I no longer have to note accounts. It listens, it writes a summary (90% of the time). So far I’ve been instructed to leave the accounts void of notes regardless unless I feel something super important should be added. So nope, you bought the shit. If it works, great, if not, not my fault. I will take breathes between calls now instead of panic typing notes in 10s between calls. It is kinda cool to see the summaries though. It’s definitely trained on clear English though. It hates foreign dialects and LA and MO southern accents. To be fair though, I barely comprehend 80% of people with Cajun accents, and piece together based on context.
We call it AI but they are just pattern predictor tools in massive dimensions, one day a real AI will appear and will be ridiculous call these things from the AI era…
softwares
\sigh
You know, the free and open source software softwares that all the techbros are putting AI into.
deleted by creator
Video game crash? What?
