Hacker News new | ask | show | jobs
by Spooky23 207 days ago
The market is priced for perfection. Delivery is underwhelming. I think the audacity and hijinks of Altman, Musk, the Trump whack pack, Theil, etc in this zero regulatory environment is starting to wear thin on Wall St.

The honest players like NVidia, Micron, Microsoft, Meta and Google who are shipping product or making money with this tech. IMO there’s a non-zero probability that OpenAI and the “Elon cinematic universe” are Enron style disasters.

The SEC is essentially gone. Their contracts with FINRA mostly cancelled. You can’t invest like it’s 2024.

1 comments

Why do people say “non-zero probability” instead of “chance” or “possibility”?
I say it when I really don’t have an opinion about the likelihood and don’t want to choose a word that infers high/low.