Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 2 days agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square240fedilinkarrow-up1849arrow-down115
arrow-up1834arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 2 days agomessage-square240fedilink
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up22·1 day agoLooks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
minus-squareNatanael@infosec.publinkfedilinkEnglisharrow-up20·24 hours agoThe market can remain irrational for longer than you can remain solvent
minus-squareandros_rex@lemmy.worldlinkfedilinkEnglisharrow-up6·22 hours agoSee Bill Ackerman and Herbalife. Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up1·6 hours agoAckerman and Valeant. He promised congress he was going to stop price gouging on drugs. Nah.
minus-squareburntbacon@discuss.tchncs.delinkfedilinkEnglisharrow-up2·18 hours agoOh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkEnglisharrow-up3·23 hours agoCan investors remain irrational long enough for OpenAI to remain solvent?
minus-squareBrave Little Hitachi Wand@feddit.uklinkfedilinkEnglisharrow-up3·8 hours agoThey have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.
Looks like very mixed returns. Which is what you’d expect from a strategy of betting on areas that are significantly overvalued.
The market can remain irrational for longer than you can remain solvent
See Bill Ackerman and Herbalife.
Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
Ackerman and Valeant. He promised congress he was going to stop price gouging on drugs.
Nah.
Oh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.
Can investors remain irrational long enough for OpenAI to remain solvent?
They have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.