[Esophagus4]

Sigh.

I see another impassioned, fervent cry daily about how it’s all going to collapse like a house of cards (as if smart money doesn’t know it and some podcaster is the first to realize data centers take a long time to build).

But unless I missed something, I didn’t see him disclose any financial positions that would indicate him betting on the collapse he is so clearly calling for.

I think that should be required to take any of these articles seriously - if your portfolio doesn’t reflect your stated opinions, your stated opinions aren’t what you really believe.

[eutropia]

these sorts of "your opinions must be financialized to be valid" takes are the equivalent of the middlebrow dismissal.

"Smart money" is an illusion that only holds up until they do something in an area you're familiar with. Many _many_ financiers know about finances and fuckall about anything else.

The claims and citations in the article stand on their own, without the additional burden of trying to make a bet based on facts in a rigged game based on mob mentality. How does one even bet against private equity data center deals??

[Esophagus4]

Billions in data center deals are being done in public markets. It wouldn’t be even remotely hard to bet on. He literally called for NVIDIA GPU spending to decline. He also said he believes the true consequences of AI are the destruction of the tech industry’s software stack.

If he believed any of this, there are myriad opportunities to put his money where his mouth is. But I have a feeling the author doesn’t believe it enough to do so. Which tells me all I need to know about his own opinion of his work.

He used the f- word 11 times to describe a catastrophe in the making. This is engagement bait.

Come on, man. How can you defend someone who wrote this:

> every executive forcing their workers to use AI is a ghoul and a dullard, one that doesn’t understand what actual work looks like, likely because they’re a lazy, self-involved prick.

That’s the scion exposing the deep state AI house of cards?

[bandrami]

You can really tell who remembers 2008 and who doesn't from comments like this

[wavemode]

Ever heard the phrase "the market can remain irrational for longer than you can remain solvent"?