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Comment on GDP

And yes, Nvidia and OpenAI and anthropic and so on are absolutely overvalued.

There’s a good read about the bubble here:

How Catastrophic Is It If the AI Bubble Bursts? An FAQ. - The Ringer - theringer.com/…/ai-bubble-burst-popping-explained…

Luckily, data centers and AI companies don’t actually employ that many people so when the bubble pops the government doesn’t actually have to intervene much. If you mortgaged your house to invest in Nvidia then you might want to cash out now.

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Revan343@lemmy.ca ⁨1⁩ ⁨day⁩ ago

If you mortgaged your house to invest in Nvidia then you might want to cash out now

And buy puts got it

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- msage@programming.dev ⁨6⁩ ⁨hours⁩ ago
  Repeat after me:
  
  Markets can remain irrational longer than you can remain solvent.
  
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  - Revan343@lemmy.ca ⁨3⁩ ⁨hours⁩ ago
    The big problem is that a lot of ‘investors’ can remain irrational longer than they can remain solvent. That wallstreetbets gambler mentality is strong
    
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