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I used to like Sabine but she’s a hack.
Can you elaborate?
Fuck Sabrine Hoffsteader. She’s an idiot and you should get your news from someone else. Stupid grifter
Was really disappointed when she came out to be transphobic.
Just from the thumbnail alone I was hesitant to check out the video. I’m glad I found this comment.
Number 1 reason is the people selling it are far more excited by it than the people having to use it.
I work in finance (IT side) if the bubble is gonna burst all the ppl making money off of it haven’t got the memo and I trust their collective intelligence over this woman.
Good thing financiers have such a good track record of creating rational and sustainable markets. The Great Depression and 2008 will never happen again, collective intelligence when trying to earn all the money is the only sound basis of trust.
Also, fuck Sabine.
All the people making money off of it are trying to maximize profit, as always.
As soon as they see the downward trend they’ll dump.
Or sink.Of which there’s no sign of. I agree it’s a bubble. I don’t see it popping yet in my day to day.
Basically the bubble IS the sentiment of the finance bro you are talking about.
If you work in IT, you are probably already aware that yes, AI could do a lot of shit, but it’s going to have serious downsides that might now be surmountable economically. Listen to the Tech Bros and they are promising the moon, surely you can tell they’re already have been running out of steam since GPT4 level. We’re not seeing 30% improvements, they’re fighting for single digit improvements in synthetic benchmarks.We’ve seen this exhuberance before, history is absolutely littered with the corpse of the greedy money parasites who inflate the price of everything with their hype and try to get away with the bag before it all burns down.
When millions play chicken with a train it’s going to lead to a lot of “corrections” down the line, distortions and corrections that we are going to suffer from while they wisk away to their crypto bro bunkers leaving us to deal with their shit.
This is so predictable and obvious, our politicians “sleeping” at the wheel, paid off to look the other way, while they’ll get advance warning on their own gambles before it comes crashing down on us.
What a corrupt system, next time it fucks up, no bailout, these duckers can line up against the wall and their bunkers can get those 10 ton suppositories.
If you are so sure why aren’t you aiming to profit off of this certainty?
Because I’m not some money parasite who bets on other people failing ?
I think the stock market is an abomination and all those who participate are deeply immoral persons.
This includes me, as my pension fund is buying and encouraging this wretched, humanity churning planet destroying garbage.Maybe be less certain of what is going on if that’s your take on the economy. Predicting when bubbles pop is neigh impossible.
There’s a difference between “AI is a bubble” and “The AI bubble will pop 2025-10-20 05h34:14.115” and “I can stay solvent longer than the market can stay irrationnal” etc… etc…
We can clearly see, the most stupidest people on the planet (gamblers) throwing money at things they don’t understand because of hype, FOMO and herd mentality, this happens REALLY often in history and even if I didn’t know way too much about how AI works, I could still point at this and say, wow, 90% of AI startup are going to crash and burn totally trying to blitzscale their impossible idea.
They’re all trying to use the crack uber business model with dotcom exhuberrance, there is no ending that doesn’t end in tears for MOST of us, even the innocent and uninvolved, they will take us all over the cliff with them and I hope we crucify the winners (thieves) before they disappear in their bunkers.
Until then we will also have to suffer incessant “OMG AI bubble gonna pop articles” EVERY WEEK until it does pop.
NVIDIA is already paying podcasters and YT channels to cover Isaac and Jetson, so I guess the shovel seller is already seeing itself out.
If the last 5 years has taught me anything, it is that stock prices are completely divorced from the realities of the fundamentals of business. It is a clown economy and more like a casino then an honest measure of what a stock is worth. Especially with tech.
AI is way overhyped, to a level we perhaps have never seen before, but I would not expect the stock prices too reflect that.
Look at Tesla. The intrinsic value was no more than 10 billion before he started sieg heiling on national TV and alienated half of the western world.
What will continue to drive the stock prices is the support or acquiescence of governments to it. Do you the United States and the rest that follow.
but I would not expect the stock prices too reflect that.
Agreed. One rule of the stock market is that while it might theoretically rely on sound fundamentals, it can stay irrational longer than you (or anyone) can stay solvent. It will inevitably fall screaming towards reality eventually, but there’s no guarantee it will happen within any reasonable timeframe and expecting it to is dangerous. It’s a rigged casino, the house always wins, and when they don’t their goons will grab you when you try to leave. At this point the billionaires own pretty much the entire house, and their goons are running the world’s largest military and police state. “Invest” at your own risk.
I think there is a fundamental difference now, the government has bailed out stocks twice in 2008 and 2020. Moved Heaven and Earth with the fed and indirect injections of capital to prevent the rich from losing money. So these stock prices reflect tax dollars billing them out in the downturn.
Why bother worrying about the downturn if the world bends over backwards to stop you hitting the ground?
It is basically impossible for Visa to go bankrupt, for example. The moment the threat looms, governments are going to leap in and save them. They’re too big to fail.
It’s gambling on who might stumble on AGI, not building anything.
The price isn’t based on what the company is worth, it’s based on what people think the company will be worth in the future. Clearly, a lot of people believe that truly autonomous vehicles are just around the corner, and AI is going to revolutionise everything.
They’re most likely wrong, but it will take a long time for the market to accept that.
No rational person would think that Tesla would command the majority of that market of autonomous vehicles, robots, or whatever. Especially not after their Flagship truck turned out to suck in like 20 different ways.
As someone on r/Wallstreetbets once said, I can stay irrational longer than you can stay solvent.
it’s based on what people think the company will be worth in the future
Not a single person in their right mind thinks that Tesla will ever be worth its current $1.3T market cap. Stock price is based on whether the market movers (not you or I) think that the price will be higher or lower a few weeks/months from now, that’s it. The actual intrinsic value/worth of the company makes no difference.
As someone on r/Wallstreetbets once said, I can stay irrational longer than you can stay solvent.
There’s enough people who genuinely believe the company is worth that to keep the value high for a very long time.
There’s enough people who genuinely believe the company is worth that to keep the value high for a very long time.
I don’t think there are. I just think there are a lot of people who believe they’re going to be able to get in and out before the Tesla bubble pops. Actual, realistic value of the company has nothing to do with it.
“greater fool” theory. Just gotta get out and leave someone else holding the bag. Easy to see with crypto rugpulls.
That’s also a possibility.
I don’t know what to feel about “AI is gonna burst” is the new clickbait title for… like a few months now.
The “what” is inevitable, the “when” is the real unknown. Governments and financiers can delay things for an impressive amount of time but the other shoe must inevitably drop, and often it’s all the worse for the amount of time it was held off.
