35% of the US stock market is mag 7 companies and almost their entire valuation is driven by AI hype. If AI proves to be a bubble (it pretty much is) then the S&P is probably taking a 30-50% haircut soon.

How fucked are we?

NVDA will never crash and you aren ready for the AI Revolution that’s about to make everybody unemployed. Prepare your anus Chud.

Whatever do you mean? I don't see top signals anywhere.

>>60680432 (OP)
>AI is a bubble
lmao just like the internet was a bubble right?

The money doesn't necessarily disappear it just cycles into other sectors. It's a good thing for useless bubbles to pop, we need investment and attention in other real things.

>>60680432 (OP)
>Asks chatgpt to do something vague
>Doesn't work
You are a retarded nigger and have no idea what's coming

>>60680432 (OP)
>If AI proves to be a bubble (it pretty much is)
It's not. AI is going to transform their productivity thats why they're investing so much into it. They don't have to hire thousands of jeet coders at six figure salaries anymore to do monkey work.

>>60680455
bing "dot-com bubble" real quick

The best way to think about AI is not just to compare it to an Industrial Revolution like the proliferation of the internet but also to electrification, the growth of the railroad, etc. Just wait till they start the next wave of commercial robotics — there may well be a crash, but fundamentally there is a whole new massive market here to fill real needs. Just AI and robotics assisted geriatric health care alone is a multi-trillion dollar market waiting to be tapped, not to mention to practical and real applications across every other domain

AI will change the world, but there will be alot of salty fags on the way to the singularity. anyone forced out of a comfy job, anyone who spent 30 years on a discipline just for a fucking computer to come out of nowhere and do what they do in seconds. its understandable some people are upset by AI.
as someone with no skills, im thrilled. i played video games for 20 years while i did wagie shit, and soon its not going to matter. AI is almost superhuman at coding, its almost certainly already being used to do research at OpenAI. if/when this proves successful they will scale up massively, hoping to initiate an intelligence explosion.
good odds its misaligned and kills us all, but either way its happening and intend to make a tidy stack while it does. a house and a robot gf will be mine, and i will be happy.

>>60680432 (OP)
ai isnt a bubble at all in fact it is unfortunately the least bubble thing there is

>>60680649
>computer to come out of nowhere and do what they do in seconds
This has already existed for decades. Most companies are not 100% efficient with basic technology, AI is not going to change anything

>>60680649
>as someone with no skills

It’s always these types who are the biggest AI bulls. Really makes you think

>>60680649
>AI is almost superhuman at coding
at coding things you can download and run from github without coding anything

>>60680432 (OP)
Overweight AI...too much money for jeets.

>>60681672
>It’s always these types who are the biggest AI bulls. Really makes you think
By an amazing coincidence they are also all the managers and CEOs

>>60680649
I actually agree anon, and I think people who hate AI are just too retarded to understand that it's only a matter of time + trial and error to iron out its quirks until it will eventually get better at that by itself in literally any and every conceivable field. A loop of refinement obviously guided by humans through each step. Right now it's only a couple of years old, and even video generation has gotten twice as insane in the span of, what, 6 months?

Art, science, medical analysis, everyday tasks, so many things, it's all going to be changed gradually but far quicker than we think.

>>60680432 (OP)
> If AI proves to be a bubble (it pretty much is)
Like look at this moron, it's so hilarious seeing such fud. Its like people thinking internal combustion engines were just a bubble. Nothin a good horse or donkey cant do the same, right retard?

>>60680484
The problem is a lot of people have button pushing jobs where AI does work, or at least works well enough. I had a ticket at work that I thought I needed a different team for because im not an expert, eventually after weeks of runaround and them shrugging their shoulders I plugged in all the platform details and symptoms into chatgpt4 and it found the issue. Another time I wanted to translate a Korean novel and it produced better output than DeepL and was pronounced fairly accurate by a native speaker. And im told chatgpt4 isnt even the best LLM for more specific use-cases like coding. Entry level niggers across the board are unironically in for a reckoning. People with deep domain knowledge or skills that are difficult to automate will be fine but who knows what the final stop of the AI train is. Maybe itll slop itself into oblivion or maybe itll be powerful enough to make most of the workforce redundant.

>>60680649
has AI taken a single job yet?
Can you find me one person that can say "AI 100% took my job"

>>60681778
And ironically enough DeepL is itself AI driven kek (just looked it up). I assume they probably just dont have enough GPUs to toss at the problem.

VIX/UVIX is super low. would be silly not to hedge a bit into it.

>>60680432 (OP)
once corporate realizes 99% of ai shit is just generating futanari porn with diffusion models and generating text via a fancy next-word suggesting software it's fucking over lmao. no wonder a bunch of companies are scrambling to achieve singularity quick, chatgpt from 2022 is the same as today with minor corrections/improvements here and there.
>>60680455
the internet is a powerhouse of utility. it does everything. research, trading, banking, education, entertainment. everything. it's the proxy for sharing and receiving information anywhere in the world at any time. what can ai do besides copying what the internet itself is but worse + censored AND generating ai futanari pics?
>>60680441
burnt circuit smell i hope?

>>60680649
>AI will change the world, but
>as someone with no skills, im thrilled
lol. random gaymer retard talking about things he doesn't understand, telling us that said things are great.

>>60682351
>what can ai do besides copying what the internet itself is but worse + censored AND generating ai futanari pics?
make programming fun again by doing all the annoying shit I don't care about

>>60680649
t. faggotnigger

wonder what ai company will join the ranks here?
also what happened to netflix? were they replaced by nvidia? why aren't they talked about anymore?

>>60680432 (OP)
index funds are so fucking overbought it's ridiculous
why even buy an index fund anymore, just buy the mag 7 companies on your own lol. save yourself some fees

>>60680435
unironically, this.

>>60680432 (OP)
>S&P is probably taking a 30-50% haircut soon.
But that already happened, only 3 months ago
For the whole market, sure just down 15%. But NVDA specially was down like 40%. Why do bears have such shitty memory?

there are too many dollars in circulation and they are held by entities that do not invest efficiently. so the market ends up distorted. AI is nice and it makes sense to be bullish, just not this bullish. same thing happened with the early internet