I hope this looser and his little leather jackets get fired no golden parachute and lives the rest of his life working retail
He’s already filthy rich even if he got fired tomorrow.
Just a great guy doing great things.
Rock stars doing this stuff somewhat makes sense, it’s all in good fun, and who hasn’t had a crush on some celebrity singer or actor?
but a CEO? Seriously?
Elon’s gunna be so fuckin’ jealous when he sees this.
And this CEO?
This guy has kids right? I would be so embarrassed
I mean, seems like that’s what the person wanted, no?
Sure, but as the CEO of one of the most valuable companies in the world, shouldn’t he think about how bad the optics of this are?
This feels like similar energy to getting outraged about a tan suit.
Were all involved parties consenting? That’s the only thing that matters.
Plus on the optics side, we’ve yet to see if being in the Epstein files is bad enough optics for CEOs, so I think “signed something on an adult woman’s boobs when she most likely specifically requested/offered it” is entirely a non-issue.
Good luck with your morals. Glad you’re fine with billionaires flexing societal norms. Go sign them boobs in public.
Puritanical bs has nothing to do with morals, as much as some like to pretend it does. What harm are you trying to call out or prevent?
literally the coolest thing he’s done
should sign more tits instead of begging people to stop complaining about AI, maybe stonk price would go up more
Celebrating nvidias big investment in Israel didnt help either. Daily killing of innocents continues while he ships pallets of money over. He’s not unique in tech CEOs being arseholes, but he’s definitely another trash human being. The world would instantly be a better place without most tech CEOs.
eh, from a pragmatic business perspective…i see why they all bend the knee. capitalists are by their nature universal opportunists. they will show loyalty to israel up until the moment it looks like they don’t have control over the US’s collar, the moment that happens though they do a 180.
same way so many “pro-lgbtq” businesses flipped to anti-dei narrative the second it looked more profitable.the only thing sacred under capitalism is your line going up, everything that doesn’t directly service that goal day-to-day is performative
Closest this guy has ever felt to being a rockstar
Hm gotta be honest, I don’t give a shit about optics, especially since that asshole is plenty bad regardless.
It’s fiiiiiiine.
The whole thing some like some giant check kiting scam or some weird looping Ponzi scheme. I’m going to invest money into your company so you can buy more of my products. Where is all the money coming from in the first place? Neither of these companies should be worth as much as they are.
I hope Nvidia fcking brokes and back on his knees begging for his old clients who used to bought their gpus to buy the shitiest new version of the non improved but twice as expensive product.
If your talking about gamers, let’s be real here. They’ll lap up whatever scraps and bullshit Nvidia will give them and then thank Nvidia for gouging them.
I mean look at the recent stream surveys.
AMD is an option and many are switching. More support for AMD in linux too.
i really wish we had more that two fuckin graphics card options to choose from but that capitalism for ya.
Intel Arc = 3
Instead we have 30 versions of the same deep fried chicken sandwich.
Let hope it not only stalls but vaporizes.
Snake oil salesman says snake oil market is stronger than it’s ever been
Given how many scams have surged in recent years, I kind of agree with that parody statement.
Ms’s Satya Nadella is forgetting the rule “The customer is always right.” He is trying to force customers to a product they didn’t ask for our really need along with a lot of other customer unfriendly issues like nagging to use onedrive subscriptions and forcing to sign in to a MS account to use the OS. This is seriously getting me to consider moving to linux for my next pc build.
I think the tech industry got used to people not giving a fuck as they shoveled more and more anti-features with weak “feature” reasoning to back it up (like convenience of having all your files in one place to justify continual data transfer between the device and their servers, processing audio remotely to justify sending an audio feed, “you can access your history” to justify saving the history, etc) that they are surprised that there’s pushback as it enters this new level.
The issue with lies, and any good liar will tell you that, is that once you lie you need to maintain that lie forever. You keep adding new lies, new layers, new context, and this house of cards becomes more and more convoluted, large, and fragile. It takes one piece to fall for everything to come down, yet, because everything is a chain of lies, you can’t stop.
So imagine what happens when you take the most valuable GPU company and go all in on AI, creating insane investments into everything that happens to use those two letters, purposely entering into circles where one company invests into another that invests back into the same company.
You can’t get out, you’re too far deep into the web of lies. You are so deep you must convince yourself with your own lies, because you added so many and everything is so fragile that your own mind is now an obstacle.
Good fucking luck when it crashes down.
Can confirm. As far as my mom in 1998 knew, I didn’t have access to the internet. I needed the password to go on her Earthlink 56k internet account.
I’m 42 now, and my mom STILL thinks I never knew her password.
I’m 42 years old, and still remember it, because of how many times 15 year old me typed that in.
I guess I don’t need to “maintain” that lie anymore. I can’t imagine a scenario where my 70+ year old mother will ask me about that exact situation, or why it would matter today.
I have always known. Love. -Mum
Edit: Vast majority of people have crap password management practices. :)
Didn’t even think of that. Changed it.
You can however share her maiden name, name of her first pet, and favourite movie - those are 3 harmless questions.
As is the make and model of her first car. Completely irrelevant.
That made me smile, ever so small.
You don’t have to lie forever! You could totally Santa Clause it. Like I did with my kids, and Santa Clause. 🤣🤣🤣
Otherwise yeah fuck them.
Why would you lie about that specific 1994 Tim Allen film?
Because that guy is a bootlicker. I’d lie and tell them those movies don’t exist.
😄
Looks at numbers.
Subtracts money being spent, from money being earned.
Huh.
Are you sure?
Huang draws a circle
We need a Hudsucker Proxy meme for this.
You know, for the kids!
Between “no child left behind”, epstein island involving pretty much the entire monied elite and political class, ICE raids, and cancelling health care and food aid for kids, I dont know what “for the kids” even means anymore in the US. Its almost openly a joke anymore.
#leverage
Pop! Pop! Pop! 💭
With the amount of money in this bubble, it would be better if slowly deflated instead popped.
Yah, lots of people also depend on the market for their futures. Pensions, 401Ks, IRAs, etc.
I don’t think that matters compared to what this crap does to the planet.
poanrt?
poanrt
planet, probably.
Bingo!
We are officially at the denial stage of this developing economic disaster.
At least they already fired everybody, in anticipation of their wild AI success. Hopefully, some of these companies will pivot, and figure out how to actually survive, and they’ll have to hire a lot of people to replace their AI.
They’re firing people living HCOL countries, and hiring in LCOL countries, using AI as cover.
A lot of the “AI” layoffs were using it as a plausible excuse for layoffs they wanted to do anyway. So I don’t anticipate a lot of them coming back.
See we keep getting told that AI is a great success and also a threat to humanity and that it’s going to take over the world in 5 minutes if we’re not careful. It has been literally years now and nothing has happened.
If that isn’t evidence of a bubble I don’t know what is. But somehow the complete lack of any meaningful progress seems to convince people even more
LLMs like what is being overhyped cannot take over the world.
They are not constant-thought processors. They are the most overbuilt autocomplete of all time.
The “take over the world” problem is the capitalists who see dollar signs in automating away humans.
IDK, the Altman talk a few days ago sounded a lot like bargaining.
It’s OK, these stages are not supposed to be sequential. They can go through them in any order, and even cyclically return to other stages. Even full acceptance can be relapsed from time to time.
If the current capabilities were enough to eliminate some human jobs, then they aren’t coming back. Someone else will offer up a cheap ai solution when the giants fall as the open source and Chinese models catch up and surpass them.
If ai allows the improvements hoped for, it’s likely to increase productivity for humanity just like all other major advances did.
It’s politics and laws that decide who benefits from it. Under our current systems, wealthy people and corporations benefit, but likey we’ll see increasing taxes on ai output and increases in ubi type schemes for people.
AI is a bubble currently but it is an advancement in tech that provides benefit. Just nowhere near the benefit to be actual intelligence.
Human jobs get eliminated by new tech all the time. This just has and will be rapid, which leads to upheaval. Unfortunately, it’s precisely at a time when the world is already moving towards war and authoritarianism, so it’s particularly bad timing.
The world isn’t moving towards war and authoritarianism. It’s being pushed there by the very people that own the AI companies.
Do pushed things not move in your neck of the woods?
Being pushed there or going there naturally, it’s still moving that direction.
The 2026 global financial crisis will be really interesting to live through I’m sure.
Time invest in something safe and stable like gold
Tap for spoiler
/s
Currently the best investment is in gas mask manufacturers, unfortunately.
gold and silver, the original bitcoin
I am growing quite sick of living in interesting times…
Compound it with Trump taking over the federal reserve.
I say we should make the new world default currency the Danish Krone, lets really stick the knife in
I think it’s still got a lot of gas. Investors still seem to be hyped about AI (e.g. the game stock downturn after Genie was announced), and that’s all that matters. Tesla has held a nonsensical value pretty much for its entire existence. Furthermore a lot of the money going into the market is passive (401ks going straight into very top-heavy index funds), propping the largest companies up.
i’m certain all of us that haven’t bought into any of this will be fine and rich hedge funds won’t buy up property and stock from people with no options forced to sell at prices far less than what they paid
They would be insane to prop up OpenAI beyond at cost hardware or cuda integration support / tooling.
The steam is running out on funding. It was a one time event, like crypto.
They will regress to what they were before. Pushing horridly overpriced workstation cards and price gouging gamers and pumping out substandard garbage cards for prebuilt “gaming” pcs assembled by others with a shitload of flashy lights and no substance.
You can bet they will continue to develop proprietary standards akin to Sony to try and accomplish another big win that makes them quadrillionaires.
They have already leveraged their stock beyond their entire pre-AI market cap. There is no return to the old days now. If the AI boom goes bust on them, they have left themselves impossibly exposed. They will owe more money than they can possibly pay back.
They took what should have been a slam dunk to sell shovels for a gold rush with a nice fallback to previous viable business into an existential threat to their business.
I think a good non-tech comparison is moderna. They made a shitload of cash from covid vaccines being state subsidized and then once the initial backlog of orders cleared they reduced to next to no cash flow. They’re still better off than they were before (and nvidia will be too, there will always be some demand… but not years of backorders.) Moderna is still downsizing heavily though and can only have more layoffs unless something changes.
I’d say they will end up around 2-4x their original revenue, in ~5 years.
But then there are the differences.
Let’s say the COVID vaccinne triggered a whole lot of new pharmarcies that specialized only in vacinnes. Still good news for Moderna. Except those new pharmacies can’t quite afford the vaccines they set up their business to work in. Moderna’s stock is so high though, that they can leverage that stock to get money to invest in those new pharmacies to give them money so they can buy the vacinnes.
Then the pandemic passes and those pharmacies have no business and fold and their market cap collapses to zero and Moderna spent a bunch of money they didn’t actually have on now worthless equity, and their revenue and perceived value drops back to pre-bubble levels. Except even lower because they incurred liabilities that they didn’t have pre-bubble.
For the crypto bubble, nVidia went out of their way to keep their financials out of it. But for AI they’ve been giving their biggest customers the money they need to buy nVidia’s product. Basically a cyclone of big top line numbers self-funded but enough to drive the markets wild for nVidia stock. The big players have likely already ensured billions of more secure assets that won’t pop as hard and so “why not?” to play with the extra ‘free’ money to see how big the numbers can go.
