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by nine_zeros 217 days ago
> By 2026, Nvidia was the beneficiary of a de facto Ponzi scheme. Investors were excited about AI. One reason they were excited was Nvidia's revenue growth. So they invested in new AI startups and cloud hyperscalers. The startups and hyperscalers then used the money to buy Nvidia chips. Which caused yet more revenue growth for Nvidia, and further convinced investors AI was worth investing in.

Fixed this for anyone still not processing the bubble.

1 comments

I think everyone recognizes the bubble, the question is when does it pop and how.

At the end of the day it's still all about timing the market, which is hard to impossible no matter the conditions.

Truly life for everyone not partying at the top has been hell, the bubble has frozen everything. This feels endless. Endless hell.
I am certainly not at the top. My life is fine. What are you doing where it's not?