Comment by drtgh
17 hours ago
> That's Kami Kaze for US frontier labs. There's no way from here for them towards trillion dollar valuations.
Those valuations are a scam, they have always been a scam, like an updated version of the collateralised debt obligations (CDOs) from 2008 [0]
[0] https://www.theguardian.com/business/2010/apr/18/goldman-sac...
I rewatched The Big Short recently, and all I could think about was AI labs.
Too bad they aren't public so we can't short them
shorting is not really viable anyway because you need the timing as much as the direction
it worked for the big short guys because the knew exactly when it was going to go bust
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You can buy CDS on Oracle, as many did already.