Comment by reconnecting
6 hours ago
This should be the news of the day, or even should I say, the news of the last 3 years.
The bubble is starting to crack.
6 hours ago
This should be the news of the day, or even should I say, the news of the last 3 years.
The bubble is starting to crack.
There's no sign of cracking here:
> SoftBank said Tuesday it has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion as the Japanese giant looks to capitalize its “all in” bet on ChatGPT maker OpenAI.
I think the gulf between what an entity does and what an entity says should at least form part of a measured response to that.
Sure, there is no sign.
-3% straight after opening of the stock market 20 min ago.
SoftBank selling their stake in the AI shovel company to put it all directly in the AI gold rush company is evidence of bubble starting to crack?
Apparently this is in the wake of OpenAI pivoting to a consumer-facing ad business, away from trying to disrupt every white collar worker on the planet. I would say that still points to a bubble beginning to pop.
A highly-useful autocomplete with a tricky monetization.