Why this analyst says the AI bubble is 17 times bigger than the dot-com bust | CNN Business
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The AI faithful believe the technology will disrupt virtually every aspect of modern life, from phone operating systems to pharmaceuticals to finance. And even if there is a bubble, proponents say, the dot-com bubble gave us companies like Amazon, and the internet became, well, the internet.
    • Jyek@sh.itjust.worksEnglish
      5·
      11 days ago

      Except the gaming industry and consumer graphics card sales are a sliver of their annual profits. Nvidia are selling the shovels to this ai gold rush. They are the ones that will come out of this bubble standing above the rest.

      • Infernal_pizza@lemmy.dbzer0.comEnglish
        1·
        10 days ago

        Well they’ll have more money than everyone else, but they won’t be able to continue making record profits every year for eternity which of course means their business is a complete and utter failure and they have to lay off half their staff

      • justOnePersistentKbinPlease@fedia.io
        3·
        11 days ago

        Its not self-sustaining if Nvidia is relying on their status of being a near-monopoly in a crirical part of the single largest entertainment industry in the world to fund it.