Sure, I don't claim all of them go well. Do you want to run a hypothetical exercise on how many they get right vs wrong? And based on that we can see if this is a "fantasy" or not?
No but you're claiming "if they all are investing X amount then these bets obviously must pan out". If you follow that rationale then it means that all bets that these company's make in the same space must all pan out. So if they don't all pan out then the fact that they're all making bets isn't a sound rationale for it being true.
As others have pointed out, investors notoriously have FOMO, so rationale actors (CEOs of big tech) naturally are incentivized to make bets and claims that they are betting on things that the market believes to be true regardless if they are so as to appease shareholders.
Because it will inflate their stock valuations? It's like with fusion energy or going to Mars etc., constantly X years away and currently economically unfeasible.
I'm not sure if you're joking, but "AI datacenter in space" is the kind of phrase that attracts investors, that's straight from Musk's playbook for keeping the stock trading at ridiculous P/Es, especially now that he is planning SpaceX IPO.
Just because some CEOs pour billions into fantasy projects it doesn't mean they're viable. Otherwise we all would be in the metaverse wouldn't we?
Sure, I don't claim all of them go well. Do you want to run a hypothetical exercise on how many they get right vs wrong? And based on that we can see if this is a "fantasy" or not?
No but you're claiming "if they all are investing X amount then these bets obviously must pan out". If you follow that rationale then it means that all bets that these company's make in the same space must all pan out. So if they don't all pan out then the fact that they're all making bets isn't a sound rationale for it being true.
As others have pointed out, investors notoriously have FOMO, so rationale actors (CEOs of big tech) naturally are incentivized to make bets and claims that they are betting on things that the market believes to be true regardless if they are so as to appease shareholders.
1 reply →
Kodak made a crypto coin. Where did that end up?
> Do you want to run a hypothetical exercise on how many they get right vs wrong? And based on that we can see if this is a "fantasy" or not?
Because it will inflate their stock valuations? It's like with fusion energy or going to Mars etc., constantly X years away and currently economically unfeasible.
why do you think their stock will inflate?
Well it made you invest in them.
2 replies →
I'm not sure if you're joking, but "AI datacenter in space" is the kind of phrase that attracts investors, that's straight from Musk's playbook for keeping the stock trading at ridiculous P/Es, especially now that he is planning SpaceX IPO.
13 replies →