Submitted 1 day ago by Track_Shovel@slrpnk.net to [deleted]
https://slrpnk.net/pictrs/image/3337a49d-9cbd-49cf-9041-eb6a27424b50.jpeg
Fun fact: Nvidia accounts for 16% of the US GDP and worth more than the Canadian economy
Comparing market cap to gdp is a bit like comparing the size of a cars tires to its top speed - they arent completely unrealted, but definitely not a good basis to use.
Is her phone just an empty, semi-tranparent phone proteftion case? It looks so weird …
They needed the actual phone to take this photo
it adds to the metaphor
Manifor you mean. That chick’s a dude.
Probably slop
It’s not about the size of the bubble, it’s about the economy it’s attached too.
…
Come to think of it this analogy really shows how fucked we are
When you start having a single company worth as much as Nvidia it kinda stops matter what economy it’s attached to.
It’s sort of attached it self to every economy.
Her phone as material as the foundation of speculation for Nvidia.
ryedaft@sh.itjust.works 1 day ago
You should compare revenue to GDP, not market cap. Nvidia revenue for 2025 has been very good so far at about 130 billion USD while the GDP of Canada was about 2.3 trillion USD.
But some of the Nvidia revenue is paid in equity so you need to add uncertainty on the value when figuring out their revenue.
ryedaft@sh.itjust.works 1 day ago
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.
Revan343@lemmy.ca 1 day ago
And buy puts got it
Track_Shovel@slrpnk.net 1 day ago
Sir, do I, of all people, look like an economist? I post shitty memes for giggles and think about dirt all day.