[GiorgioG]

How long can this go on for?

[Ianjit]

Forever, tech has become a never ending sequence of bubbles and hype cycles.

[GiorgioG]

The duration of this hype-cycle/bubble has exceeded my expectations.

[oskarkk]

It's not that long IMO, it's been 2 years since Nvidia stock took off, and at that point OpenAI was valued between $29B and $86B (compared to $500B today), so I'd say we've entered bubbly territory around then.

[DANmode]

Follow cryptocurrency for a closer understanding of inebriated capital trying to chase the new thing.

[rhetocj23]

Personally Im not surprised. Im bearish on the capabilities of LLMs given the amount invested, but, I also believe theres about 2 years left (of minimal progress relative to money invested) to go before things finally start to crater.

[buyucu]

As long as investors are willing to pay for it.

[arcticbull]

I can’t help but feel their push to go public is driven by their having milked the private markets dry.

[rhetocj23]

Yes if their existing investors were seeing stuff that indicated they would create escape velocity, they would queue up to purchase more stock.

[therealdrag0]

Uber was in the red for like 10 years, and burned 31B, and complaints of it popping were constant. But here we are with it still going and now profitable.