this post was submitted on 27 Jun 2024
13 points (81.0% liked)

Business

249 readers
44 users here now

A place to share business news and insights.

Rules

  1. Follow lemmy.world rules
  2. Only post content related to business
  3. Do not use this community to promote your business

founded 1 year ago
MODERATORS
odrel
jordanlund
13
Is Nvidia stock overvalued? It depends on the future of AI. (www.vox.com)
submitted 4 days ago by jeffw to c/business
4 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Gradually_Adjusting 2 points 4 days ago

"AI", if it ever does get invented, will be world changing (note the deliberately value-neutral term).

The value of NVIDIA depends on AI being increasingly costly to compute.

This, in particular, is not a foregone conclusion.