this post was submitted on 25 Feb 2024
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Capitalism will consume itself.

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[–] [email protected] 4 points 9 months ago

Considering that nvidia has pushed AI and nvidia stock has doubled over the last year, I'd say people claiming to be bullish have been 100% correct. Sure, it may bust at some point, but that doesn't change the money made over the 0ast year in AI.

People were bullish for years on Tesla, knowing it couldn't live up to its idiotic valuation.

[–] ElectroVagrant 2 points 9 months ago

Sort of, but not for the reasons you may think. I'm not deep into economics jargon, so my initial response to hearing anything like bullish makes me think of the animal first.

So when I hear about bullish on tech subjects I take a moment to imagine how bulls might genuinely be involved or engage with the subject. Imagining people giving bulls AI to help them find the best grazing spots, avoid hazardous ones, and calm down after some people provoked them for a show.

[–] [email protected] 2 points 9 months ago* (last edited 9 months ago)

Yet another bubble. Same as the Crypto scam bubble last year.