Demand for compute in AI is going to 'absolutely skyrocket': Toggle AI co-founder Jan Szilagyi
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- čas přidán 30. 06. 2024
- Jan Szilagyi, Toggle AI co-founder, joins 'Squawk Box' to discuss the state of the AI technology race, AI application in finance, finding value in AI stocks, and more.
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
BONITA JEANETTE RODRIGUEZ is who i work with and she is a hot topic even among financial elitist. Just browse, you’d find her, thank me later.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
Let assume you have an AI model that is 100% correct in predicting the stock market. Everybody out there would use it and you end up a market failure since every trade requires a party of two. One sale requires one buy.
But in this case, the model depends on the inputs. Who then provides the inputs?
Essentially GIGO.
Except you wouldn’t let anyone else use it. And even if it was public, there would be an adoption curve so the first people would make all the money and most of the people in the world wouldn’t even realize what’s happening.
Is an AI model is 100% correct in predicting the stock market and everyone is using it, then it wouldn't work. Because of game theory. The author of game theory received noble prize.
AI is just a tool, it isn't magic or a replacement for human judgement entirely. Market makers have BEEN using AI for more than a decade. AI didn't just start with ChatGPT!
@@barryallen6927True. But people will never stop trying.
Someone who would benefit from demand for AI compute says demand for AI compute will skyrocket. Shocker!
Wow! Founder of Toggle AI pumping up this Gen AI mania. Hard to believe. Like that Garbage in Garbage out.
so true...
3:34 well said
What is "compute" and which stocks are those?
MSFT
This toggle thing is not more than just another "signal pub", aimed at people with no background in finance. If those AI perks this fellow is talking about had any value they would be able to make crazy amounts of money just by using it themselves. Instead they just sell subscriptions. Sometimes I look at what the market has turned into, and it makes me want to throw up. Cheers to CNBC for inviting another crook.
No one's talking to accountability
Garbage in Garbage out??? Insulting comment..
Woman is CLUELESS in where AI is going.
💚🖤📈🇺🇸
No stopping the hype train
This AI Hype is increasingly looking like Dotcom 2.0
I would not go that far but definitely some companies claiming to have “AI” but not there yet. Also, AI is a term that can lead to the wrong idea of what it really is today in peoples mind. I blame movie magic for that.
There are only a handful of companies who will be major players because they have the data. IMO it will be Google, Microsoft, Tesla, Apple, etc. Very few companies have the data or the compute ability to process that data.
CNBC - 2 years LATE!
Still talking Nvidia and still don’t understand AI what AI actual intelligence CNBC into?
Who cares nvidia will make money off it regardless
The gold miners took all the risks, not those who sold the shovels and picks. It’s harder to predict who the winner will be in the software side than the hardware side. Don’t focus on things we don’t know yet. Bet on what we know are winners already.
She is in denial that AI will ultimately replace her low value talking head.
youtube Neural Networks and how Generative AI uses them to make Predictions, beat AI individual stocks are MSFT & NVDA
One day Ai will Lear now to manipulate data to influence human behavior
Perhaps it has already begun.
@@joemorgenstern9846
Nowadays everyone is all talking about data data data… everything is about data. Even the federal reserve J Powell always says he is “data dependent”. Who needs human beings when AI can analyze data millions of times faster and more efficient than humans? Might as well have NVIDA data center run the US central bank and make all the decisions of rate cuts or rate hikes.
@@georgemaximus694 Nowadays everybody wanna talk like they got somethin to say but nothin comes move their lips just a bunch of gibberish and muthu fukas act like they forgot about Dre.
This toggle AI is just another chatbot based on machine learning, and disguised to be AI. lol
Scam 😂