The AI Bubble No One Wants to Talk About (Not Even ChatGPT) 

Good point. Nvidia seems well-positioned to benefit from AI tailwinds in the near and long term. As for what the stock does during that time, tough to know

Slowly, but surely

Happy to hear it, thanks for the support!

Thanks man, appreciate that!

Glad you enjoyed it!

THIS IS NOT a good video. you need to understand that startup that change the owrld always lose money in the beginning. please do more research.

@@probsomething Do a ton more research

@@FocusedAmbience Wow I had no idea that early-stage startups are prone to negative cash flow

Thanks man!

Appreciate that, but I don't know nearly as much as I should

Thanks my man!

Good point

Excellent point! I'm by no means trying to argue that AI as a whole is worthless, but simply that the current generative AI hype will lead to a temporary asset bubble. A short-term bubble and transformative innovation aren't mutually exclusive

100% - ChatGPT is an incredibly powerful tool

You don't know how to code, that is the reason

Just to make a contrast to his answer. I used it a few times, sometimes works great, sometimes horrible (I'm a computer science student in master). I barely use it in general and don't use it at all for debugging or doing homework as most of the time, it gives contradictions and crappy things that I take more time to fix than not (in the sense that I try to verify what I already did but chatgpt gives poor answers)

@Zenchiassassin because of how new it is, i see it as seeing a 1 year old jog on 2 feet, but it jogs weirdly and people say it will never jog because it jogged like that. Maybe in the next few years, it will be capable of running marathons, who knows!

@@TF2Starlight Do you even know how ChatGTP works? It doesn't reference things, but generates most probalistic answer, even if that answer is untrue. There's no room to make it better, if that's not even a feature.

I agree, I never said it wouldn’t

Was the internet a ponzi too?

@@probsomething Hahaha I hope you are not taking Eric Cartman seriously

Haha all good, always curious to hear opposing views

@@probsomething don't compare the internet to currency, currency has origins from the federal reserve, currency does not equal internet. Currency can be viewed in many different perspective, but the reserve currency is the US Dollar and the US keeps this fiat in power through power (war, resources, etc.) and being able to be a reserve currency allows us to print money out of thin air and make an inflationary system because gold bugs don't understand that there are limits. The failure case with gold and most static currency systems is that most people (rich) will accumulate the majority and just have the rest work for maintaining the system, however other groups can attack those systems if they invent a better system, which the US did and this is also why Britain was successful too. Nontheless, read the history of money and central banking and banking itself, it will show you the comparisons of a network information system (internet, html pages are documents, google crawls documents and makes a way to find documents, websites are dynamic documents) whereas currency is not a networked system itself. Also remember, Ethereum is centralized and bitcoin developers are a choke point as well where they snuck in an update when they found Bitcoin had a bug in the code that could print a lot of coins but this wasn't shared, so yes, they are centralized currency systems lying to be decentralized. Use your own critical thinking, this isn't an IQ problem, its a problem of not thinking from first principles, think from first principles of money itself is and you'll understand that these are not comparable. Also, the fact bitcoin is tracked in terms of USD shows you that USD is what matters, and that if you are in the US, it is vital to make sure the currency stays the main currency otherwise the US way of living is gone where we could print our way out of many problems.

How is crypto a ponzu when governments are already planning to use digital coins? This will only skyrocket the use of crypto. Also if you’ve followed anything from the CEO of OpenAI.. he believes open sourcing AI is dangerous. Big Tech has no interest in open source and will do everything to destroy the open source models