With the recent story of openai pitching VCs for a collective $5-7 trillion dollars and a GPU manufacturer becoming more “valuable” than diverse companies such as Amazon or Google.
I am thinking this market is due for a massive correction. It’s not sustainable and built on the “promise” or con it will continue to skyrocket YoY.
Just like the cryptocurrency/digital currency craze. This one (artificial intelligence) will also come crashing down. I give it maybe 1-2 years at this rate. We will look back and these types of stories will be the red flags people will point to when the market is about to sink.
It's literally the same story over and over again, buy the hype, buy the futur hypothetical profits, disregard everything else including logic. Pure greed
I am thinking this market is due for a massive correction. It’s not sustainable and built on the “promise” or con it will continue to skyrocket YoY.
Just like the cryptocurrency/digital currency craze. This one (artificial intelligence) will also come crashing down. I give it maybe 1-2 years at this rate. We will look back and these types of stories will be the red flags people will point to when the market is about to sink.