I invested 66k into various semiconductor stocks and chips alongside Nvidia in January and literally just five months after I am up ~$373k!…. I think this tech bull continues well into the next few years
It’s fascinating to see the potential impact of AI across different sectors. Nvidia has been my number 1 holding since the tech drop in ‘22 so this feels good. Fun times :)
I am not someone who understands the moats inherent in the stock industry very well. Suck to miss the run ups, I’ve got a hundred K to invest but I am uncertain about how to approach this. What’s your strategy? @VanillaCherryBread
It's difficult to provide an exact formula, but I find success in mirroring the investments of a top pro I follow, rather than trying to anticipate market trends and acting on FOMO. It may sound cliche but you should get a good CFA first to at least start you out on the right path.
This is like saying JDS uniphase, Lucent, Comcast, cisco or Worldcom were going to be the only winners for the next 25 years in 1999. All of those companies made physical infrastructure for the web and the value capture came from companies that used what the infrastructure enabled for new applications. Every single one of those companies are gone or almost gone, except for cisco, and that bet has been going sideways for a minute.
@@jimbojimbo6873 Nvidia, AWS, Google Cloud, Microsoft Azure, Intel, OpenAI, Tesla, Netflixs, IBM Watson, Meta, Salesforce, Oracle, Baidu, Alibaba….The List goes on
@@jimbojimbo6873 Nvidia, AWS, Google Cloud, Microsoft Azure, Intel, OpenAI, Tesla, Netflix, IBM Watson, Meta, Salesforce, Oracle, Baidu, Alibaba….The List goes on
im a tenured 12 year software engineer. there are no more entry level jobs. handful of mid jobs. i work for a fortune 500 company and work is slim as hell. im savin every paycheck in case i have a change of careers. i can see this happenin. everythings fukked up.
Very junior sort of front-end jobs, sure. I don’t see it being able to deploy and connect a bunch of micro services together though for a few more years or that amount of BS it takes to translate third party APIs to your app. That goes for FE as well
I am trying to leave blue collar and get a nice easy office job at a fortune 500, I don't have any experience. But I Work like an OX.....seems like my type will be replacing you
I was hoping he would make points as to why there is a bubble, other than there have been bubbles in the past when there is new technology. History does not have to repeat itself.
The current machine learning algorithms called AI aren't consistent enough to be used by business to replace labor. The algorithms are flawed and more CPUs and better chips won't make a noticable difference.
10:18 to the end explains why it's a bubble. AI is a novel idea, but there's not a solid use case for businesses to make money. It's the new shiny toy being played with to make shareholders happy.
@@sp123 There's a lot of bs floating around, but there is at every introduction of new technology. At the end of the 90s, despite the bs, there were trillion dollar businesses in the background being built like amazon and google. AI is being brutalized as a blanket term these days, but Im certain there is over a trillion dollars in latent value in the technology. We'll have a nuclear winter, but the survivors of that process with deliver absurd returns.
@@sp123 More chips and better cpus enable new algorithms. That is precisely why some of these systems can pass law exams today whereas systems from the 90s couldnt get past a captcha. Technology always moves forward.
Here's my theory: AI will crash and NVDA will tank, but while that's happening there is going to be this massive flood of unused chips that need to go somewhere. The logical place for those chips to go is to gaming companies. The gaming companies will come up with some kind of creative use for the flood of unused advanced chips that they've just received at discounted rates, and in 3-5 years we're going to see a crazy advancement in what gaming systems look like... stuff we would have never expected. It's going to be the golden age of gaming, brought to you by the AI bubble bursting.
Here's my theory: the new processor architectures for these algorithms will get exponentially cheaper, faster, and consume less energy, enabling new usage plays not seen now. Any electronic device will explain itself and how its being used/misued by its user; manuals and help desks will disappear. Cheap toys will become packed with compute intelligence that kids will refer to them as friends rather than toys. Higher levels of information will be filtered by these algos and will be advisors for CEOs. Cell phones will start to have personalities and be seen as advisors as well.
Lmfao a comment only a gaming nerd would make. The majority of the world doesn't sit around all day playing video games like you and your friends do. Newsflash.
@@WTF198 bruh, I think like 60-80 million people are on Roblox a day. That’s just one platform. AI just tone in 2024 there were over 3 billion active gamers. It’s a lot.
NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even with new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
This is Interesting because i bought NVIDIA around September last year. The company is selling shovels in a gold rush. It accounted for almost 80% of my market return last year, and I'm sure this year will present other interesting stocks.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan that includes AI looking into Nvidia, MSFT, Alphabet stocks among others with my Fin. Advisor, . It's been a year and half of steady growth.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Marisa Breton Dollard up and send her a message. You've truly motivated me. God's blessings on you.
My dad used to drink a lot, and then he would travel to other tables and request armwrestle matches from random drunks, after declaring he was an albanian from Tetova and he had ''albanian stregth'', most would say fuck off some would accept. i saw him lose only twice. nice to see albanians popping up in america
This is Mr Yen...Martin this was an absolute masterclass...the paralells to AOL / Cisco routers and the internet, slowly being the start of life changing tech in the 20 years post-bubble, is exactly what the nascent AI is likely to be...this was a brilliant brilliant talk, nice work...impressive stuff, well done !!
Totally. Computers just computing like they always have. Operating in inevitably more complex ways, sure. But ai is not something new. We've had ai in video games since they were invented. Just as an example. No one cared until it was cleverly marketed as a shiny new thing.
It’s a good time to get into making *unique* games, augmented reality and VR. It’s gonna be a while longer before anything becomes too encroached there.
Why didn’t you do put options on your pharmaceutical trades instead of short selling? Were there no put options to by on the firms you were shorting? It would have capped your loses in the event of an adverse movement.
Put options on small cap companies might not have high enough liquidity to be worthwhile. This would be very visible in the form of wide spreads and low volume numbers (You lose money just from buying the option because the spread is too wide). Option prices themselves are fairly volatile in the most liquid markets, this volatility would be more extreme in lower volume stocks.
caught this guys interview on dj vlads channel of all places and its probably the first full length Vlad video ive ever watched, this guy is one of the more insightful guys talking online atm.
HE MADE THE SAME VIDEO 6 MONTH AGO SAME TITLE SAME EVERYTHING and nvidia kept going up 120% this is wrong to misslead begineers u gonna pay for that one day
YES, WHEN COMPANIES UNDERSTAND THE COST OF TRAINING (THIS WOULD BE NEEDED FOR EVERY TASK SEPARATELY IF OUTCOME IS TO BE ANYWHERE NEAR ACCURATE) IS WAY HIGHER THAN THE ADVANTAGE IT PROVIDES...SO IN NEAR FUTURE ONLY SIMPLE TASKS CAN BE DONE BY AI - LIKE AUTOMATIC TELEPHONE REMINDERS (HOSPITALS CONTACTING ITS PATIENTS) AND SUCH... OR WHEN TO ORDER FOR FRESH SUPPLIES IN A RETAIL SHOP, OR HOW TO OPTIMIZE SHELF SPACE AGAIN IN A RETAIL SHOP... ALL BIGGER THINGS LIKE ALLOCATION OF CASH FOR VARIOUS TRADES IN A SAY STOCK TRADING FIRM... NEED TO WAIT
Cheaper than lawsuits, AI is seen as a talented junior now. They are spending resources to eventually absorb massive ammounts of workload inside the company. Is like paying a brilliant mind a masters because you want him in your company but with AI. Walmart will be hiring thought since you need people to prevent other people to steal.
Forums were a huge part of early internet. They were definitely useful. Mainstream took a while to adopt because technology as a whole was new. Ai is just exponential. Both in usefulness and bubble forming. Only few will stand, most will get wiped out.
Im not sure if will truly *”crash” but definitely a HEAVY correction is possible where said stocks do not rebound and trade relatively flat for a while, pending a bearish or bullish case based on what utility develops for AI. The real investments to be made now will be in the companies that are utilizing AI to generate revenues. Ex: company that uses AI to somehow massively reduce data server costs by making data costs much more efficient/cheaper to store? Buying that stock on the ground floor before it gets pumped by Wall St will be fat gains
ChatGPT: Carl Icahn and Martin Shkreli clashed over a business disagreement involving Valeant Pharmaceuticals. The conflict began when Shkreli's company, Retrophin, attempted a hostile takeover of the specialty pharmaceutical company, but Icahn, a major shareholder in Valeant, opposed the move. This led to public exchanges of criticism and accusations between the two businessmen. Their dispute highlighted their contrasting approaches to investment and corporate management.
AI is little more than a productivity enhancer & a means to cut administrative costs for a business organization. It has value, yes, but I don’t think the bubble is going to last very long. Where is the revenue? A lot of the tools will be available for free or close to free. Its almost like spell check or electricity. Also, Microsoft is probably the most advanced in AI and they will simply make it a value add to Office and their other products, which means they will dictate to the world how AI is priced. Remember when Steve Jobs said 99 cents for a song on iTunes. Its going to be a similar effect. Organizations that don’t really care about AI will be forced to use it just to keep up with their industry so as not to be left behind, as you correctly mentioned. But yeah, it is a hype but it will quiet down quickly and I think the world will move on. Its really the social ramifications that one has to watch out for when you chop out the administrative class/middle class. Lol
AI is driving the mkt, so if there was a bubble in tech, the mkt is headed for extreme pain. Red flag boiling pot would suggest blood to a lot of shorts, but in my opinion, AI is driving the mkt because of the cost it will cut, eliminating the worker
I disagree that the early internet had very little use for average people. I lived thru that era. The internet had big impact in people’s daily lives back in 1998. Conversely, I don’t see AI being of much use in this era. I sit at a computer at work all day, and I have yet to see an application that I use on a daily basis that has any AI features.
It's mostly businesses and data management right now. It is what computing was always meant to be and will only get much much larger. Computer programs right now are like hitting a rock with a chisel.
You could have said the same thing about tcpip in 1992. In the next 5-6 years, it completley revolutionized business and knowledge transfer around the planet. Just because your personal vision and experience is limited does not mean the conditions for radical change arent in place.
Wouldn't biotechs have a massive productivity boost with AI? Seems like the automation will save hours daily. And maybe Biotechs lead us or hold us up during a crash?
Current AI will have a big impact, evolutionary for some industries and ways of life, but revolutionary for others, esp if paired with robits, androids, etc. However it will not be revolutionary across the board until Artificial General Intelligence is created, at which point everything will change for humanity, for the good or bad. But I think true AGI, which may or may not lead to sentience, may take far longer than estimated, and in the meantime we'll have ever smarter multi modal AI that will mimic AGI in many ways and could itself cause revolutionary impact in all ways of life.
There is only so much money. If one part of the market skyrockets, it needs to get fuelled by other parts of the market. At some point, there can not be more money shifted. That's when the inflection point is reached, and everyone knows, it can't go further up. Then panic sets in and everyone sells - because everyone knows that every other participant knows we reached the end of the road. So look out for other parts of the markets. Look out for stagnation of sellouts. Russell 2000 is sold out. Bitcoin goes slowly down. There is still room to pump the Mag 7, but not for very long. I would not be surprised if we see a crash in 2025.
Trust me. It won't crash, as long as we're innovating towards AGI. And after that, it'll go to ASI. It might taper away a bit while the next update comes, but it won't crash. The market loves shiny impressive things, and there will be no shortage of that until ASI and beyond
@@sirus312 It's not just AGI, it's the constant announcements from the AI world. It's also the constant battle for supremacy between Apple, Google, Microsoft. Each one is trying to one-up the other by way of huge flashy projects. Don't forget about the upcoming humanoids (Figure and other startups) that's been invested by OpenAI which will also make headways. The AI space demands more compute, more algorithms, more disruption. The way I see it, there won't be any crash, unless the government steps in with some damning regulation that halts the entire industry. That's the only way there will be a real sentiment upturn.
True, the coummunistic Albanian background lead to the case that I had to explain my coworkers in Germany, what stocks are...they didn´t know what that is...
Hes lost. A.I is not a trend, its literally a new species. A.I is like discovering fire. Its gonna change humanity forever. It may be hard to see that because its in its infancy...but soon itll all make sense.
So was the internet and automobile industry, but they still led to bubbles. Bubbles just mean over excitement. You can't multiply investors money simply cause something is revolutionary.
Why are we listening to this criminal again? He's a literal convicted felon who has served time, is literally in the Forbes hall of shame. Everything he's every done he's failed in, that includes trying to pretend like he can run hedge funds and then proceeding to lose ALL of the money, NOT ONCE. He can't predict his way out of a paper bag.
couldnt disagree more. it was immediately obvious that internet was the killer app. before the internet pc's existed offline, and they were cool but there wasnt any killer app. AI otoh, cant really do anything. if you dont believe that, spend 30 seconds interacting with alexa. llm's are painfully limited. color me an AI skeptic until proved otherwise. I think "AI" whatever that means, could be a very useful tool, dont get me wrong. But I dont think it will ever be intelligent per se. I dont think people even really know what it means. I was just reading a review about Microsoft's AI copilot PC's. Apparently they are awful. I would suspect Nvidia is going to lose trillions in value sooner or later. i'm pretty sure thats what this is all about, nvidia.
i had the same knee jerk reaction at first but its very interesting to hear his opinions. he speaks very eloquently and seems to be very knowledgeable. but i get it if you cant stand him 😂
Hallelujah!!!! The daily jesus is good was owning a loan of $47,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $8,000 and got my payout of $270,500 every months, God bless Kathy lien
I invested 66k into various semiconductor stocks and chips alongside Nvidia in January and literally just five months after I am up ~$373k!…. I think this tech bull continues well into the next few years
Happy for you that is big 💲💰
It’s fascinating to see the potential impact of AI across different sectors. Nvidia has been my number 1 holding since the tech drop in ‘22 so this feels good. Fun times :)
I am not someone who understands the moats inherent in the stock industry very well. Suck to miss the run ups, I’ve got a hundred K to invest but I am uncertain about how to approach this. What’s your strategy? @VanillaCherryBread
It's difficult to provide an exact formula, but I find success in mirroring the investments of a top pro I follow, rather than trying to anticipate market trends and acting on FOMO. It may sound cliche but you should get a good CFA first to at least start you out on the right path.
Actually that makes sense. Who do you recommend? I really could use all the guidance I can get
Companies creating AI infrastructure are making money but the AI companies themselves with the end creation are making nothing
False! Many AI companies that develop end products or services using AI technology are also generating significant revenue.
@@Jase9 name them
This is like saying JDS uniphase, Lucent, Comcast, cisco or Worldcom were going to be the only winners for the next 25 years in 1999. All of those companies made physical infrastructure for the web and the value capture came from companies that used what the infrastructure enabled for new applications. Every single one of those companies are gone or almost gone, except for cisco, and that bet has been going sideways for a minute.
@@jimbojimbo6873 Nvidia, AWS, Google Cloud, Microsoft Azure, Intel, OpenAI, Tesla, Netflixs, IBM Watson, Meta, Salesforce, Oracle, Baidu, Alibaba….The List goes on
@@jimbojimbo6873 Nvidia, AWS, Google Cloud, Microsoft Azure, Intel, OpenAI, Tesla, Netflix, IBM Watson, Meta, Salesforce, Oracle, Baidu, Alibaba….The List goes on
im a tenured 12 year software engineer. there are no more entry level jobs. handful of mid jobs. i work for a fortune 500 company and work is slim as hell. im savin every paycheck in case i have a change of careers. i can see this happenin. everythings fukked up.
Very junior sort of front-end jobs, sure. I don’t see it being able to deploy and connect a bunch of micro services together though for a few more years or that amount of BS it takes to translate third party APIs to your app. That goes for FE as well
Why you all making a big thing about Money?There is enough for everybody,even If a Crash is happening,you dont need much to live!
Junior jobs in my industry are all offshore.
I am trying to leave blue collar and get a nice easy office job at a fortune 500, I don't have any experience. But I Work like an OX.....seems like my type will be replacing you
@sirus312 I I think you missed the point of my post. There will be nothin to replace. Good luck replacing nothin 🤣😂💦💦💦
The internet is pretty much a bigger AOL, it's no longer the wild west it used to be. Everything is curated and commercial.
Sad, but true. Setting up a new competitive platform would be very difficult.
It’s called the worldwide web!
and it will only get worse and more controlled in 5 or 10 years time the internet will not be as free
@@PabloChicanohe is known by many names
@@woodym2 pabloChicano is known by many names?
martin should write cleaner code
I’m surprised he codes at all
@@jimbojimbo6873 a lot of finance guys know python.
calls himself a “progidy” lol
@@jimbojimbo6873 he doesnt
@@RR-et6zphe started at a young age and he read books in prison
The greatest thing on the Internet ever created is OSRS
what was the date on this ?
I was hoping he would make points as to why there is a bubble, other than there have been bubbles in the past when there is new technology. History does not have to repeat itself.
The current machine learning algorithms called AI aren't consistent enough to be used by business to replace labor. The algorithms are flawed and more CPUs and better chips won't make a noticable difference.
10:18 to the end explains why it's a bubble. AI is a novel idea, but there's not a solid use case for businesses to make money. It's the new shiny toy being played with to make shareholders happy.
@@sp123 There's a lot of bs floating around, but there is at every introduction of new technology. At the end of the 90s, despite the bs, there were trillion dollar businesses in the background being built like amazon and google. AI is being brutalized as a blanket term these days, but Im certain there is over a trillion dollars in latent value in the technology. We'll have a nuclear winter, but the survivors of that process with deliver absurd returns.
@@sp123 More chips and better cpus enable new algorithms. That is precisely why some of these systems can pass law exams today whereas systems from the 90s couldnt get past a captcha. Technology always moves forward.
@@sp123 bingo
Here's my theory: AI will crash and NVDA will tank, but while that's happening there is going to be this massive flood of unused chips that need to go somewhere. The logical place for those chips to go is to gaming companies. The gaming companies will come up with some kind of creative use for the flood of unused advanced chips that they've just received at discounted rates, and in 3-5 years we're going to see a crazy advancement in what gaming systems look like... stuff we would have never expected. It's going to be the golden age of gaming, brought to you by the AI bubble bursting.
Here's my theory: the new processor architectures for these algorithms will get exponentially cheaper, faster, and consume less energy, enabling new usage plays not seen now. Any electronic device will explain itself and how its being used/misued by its user; manuals and help desks will disappear. Cheap toys will become packed with compute intelligence that kids will refer to them as friends rather than toys. Higher levels of information will be filtered by these algos and will be advisors for CEOs. Cell phones will start to have personalities and be seen as advisors as well.
so buy roblox? lol
Lmfao a comment only a gaming nerd would make. The majority of the world doesn't sit around all day playing video games like you and your friends do. Newsflash.
@@WTF198 bruh, I think like 60-80 million people are on Roblox a day. That’s just one platform. AI just tone in 2024 there were over 3 billion active gamers. It’s a lot.
@sirus312 That's pretty sad man.
NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even with new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.
This is Interesting because i bought NVIDIA around September last year. The company is selling shovels in a gold rush. It accounted for almost 80% of my market return last year, and I'm sure this year will present other interesting stocks.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan that includes AI looking into Nvidia, MSFT, Alphabet stocks among others with my Fin. Advisor, . It's been a year and half of steady growth.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Marisa Breton Dollard up and send her a message. You've truly motivated me. God's blessings on you.
I’ve hedged heavily into buying value stocks the past 1.5 years. I feel that I have enough AI exposure from SPY and Nasdaq.
hedge into federal money market funds or similar, they are paying 5.5% right now. You can't go wrong
My dad used to drink a lot, and then he would travel to other tables and request armwrestle matches from random drunks, after declaring he was an albanian from Tetova and he had ''albanian stregth'', most would say fuck off some would accept. i saw him lose only twice. nice to see albanians popping up in america
IF AI CRASHES WE WILL SHORT IT DOWN. MONEY MADE.
You wish
Well this guy has no money and is a joke.
Start shorting now. Go ahead many people have lost their ass shorting NVDA
@opsxp23 HEY HOMIE I FOLLOW THE MARKET. WHATEVER OPP IT GIVES ME MY AZZ TAKE IT. I DONT SHORT NVDA BUT I WILL GET MONEY ON NVD WHEN NVDIA GOING DOWN
@@opsxp23 Not this past week...get back to work and don't fuck up my fries. Stay Safe
This is Mr Yen...Martin this was an absolute masterclass...the paralells to AOL / Cisco routers and the internet, slowly being the start of life changing tech in the 20 years post-bubble, is exactly what the nascent AI is likely to be...this was a brilliant brilliant talk, nice work...impressive stuff, well done !!
I've always thought the AI we see today is just a remix of what tech companies were already doing. Call it something different to make more money.
It's just more complex computer programs. Where they things without us always inputting. It's only going to grow up.
Totally. Computers just computing like they always have. Operating in inevitably more complex ways, sure. But ai is not something new. We've had ai in video games since they were invented. Just as an example. No one cared until it was cleverly marketed as a shiny new thing.
Right. Its "big data" remix
💪🏾 got my puts waiting
Yeah but what’s the next bubble and when is it starting
I would love to have a discussion with you about Sickle Cell Anemia. I don’t have it but I have studied it for many years. Thank you.
It’s a good time to get into making *unique* games, augmented reality and VR. It’s gonna be a while longer before anything becomes too encroached there.
Why you using Java script tf
“It’s really user ugh… it’s a tool.. and have written some more tools” best description of langchain yet
Sure buddy
Why didn’t you do put options on your pharmaceutical trades instead of short selling? Were there no put options to by on the firms you were shorting? It would have capped your loses in the event of an adverse movement.
Put options on small cap companies might not have high enough liquidity to be worthwhile. This would be very visible in the form of wide spreads and low volume numbers (You lose money just from buying the option because the spread is too wide). Option prices themselves are fairly volatile in the most liquid markets, this volatility would be more extreme in lower volume stocks.
caught this guys interview on dj vlads channel of all places and its probably the first full length Vlad video ive ever watched, this guy is one of the more insightful guys talking online atm.
HE MADE THE SAME VIDEO 6 MONTH AGO SAME TITLE SAME EVERYTHING and nvidia kept going up 120% this is wrong to misslead begineers u gonna pay for that one day
educate yourself on financial bubbles, before you dis others;
no one can precisely time the peak
He’s correct he’s just early
@@KnicksNYanks84 did u read ? Hé posted this 6 months ago donkey and am sure some begineers tryed to short cause oh him and got crushed
How long does it take for these type of companies to show weakness. I’m sure it’s an average time. data 📊
Youre the only one misleading people
YES, WHEN COMPANIES UNDERSTAND THE COST OF TRAINING (THIS WOULD BE NEEDED FOR EVERY TASK SEPARATELY IF OUTCOME IS TO BE ANYWHERE NEAR ACCURATE) IS WAY HIGHER THAN THE ADVANTAGE IT PROVIDES...SO IN NEAR FUTURE ONLY SIMPLE TASKS CAN BE DONE BY AI - LIKE AUTOMATIC TELEPHONE REMINDERS (HOSPITALS CONTACTING ITS PATIENTS) AND SUCH... OR WHEN TO ORDER FOR FRESH SUPPLIES IN A RETAIL SHOP, OR HOW TO OPTIMIZE SHELF SPACE AGAIN IN A RETAIL SHOP... ALL BIGGER THINGS LIKE ALLOCATION OF CASH FOR VARIOUS TRADES IN A SAY STOCK TRADING FIRM... NEED TO WAIT
Cheaper than lawsuits, AI is seen as a talented junior now. They are spending resources to eventually absorb massive ammounts of workload inside the company.
Is like paying a brilliant mind a masters because you want him in your company but with AI.
Walmart will be hiring thought since you need people to prevent other people to steal.
Forums were a huge part of early internet. They were definitely useful. Mainstream took a while to adopt because technology as a whole was new. Ai is just exponential. Both in usefulness and bubble forming. Only few will stand, most will get wiped out.
Im not sure if will truly *”crash” but definitely a HEAVY correction is possible where said stocks do not rebound and trade relatively flat for a while, pending a bearish or bullish case based on what utility develops for AI.
The real investments to be made now will be in the companies that are utilizing AI to generate revenues.
Ex: company that uses AI to somehow massively reduce data server costs by making data costs much more efficient/cheaper to store? Buying that stock on the ground floor before it gets pumped by Wall St will be fat gains
ChatGPT:
Carl Icahn and Martin Shkreli clashed over a business disagreement involving Valeant Pharmaceuticals. The conflict began when Shkreli's company, Retrophin, attempted a hostile takeover of the specialty pharmaceutical company, but Icahn, a major shareholder in Valeant, opposed the move. This led to public exchanges of criticism and accusations between the two businessmen. Their dispute highlighted their contrasting approaches to investment and corporate management.
So we won't get AGI?
I wish i saw this video 2 days ago 😂
AI is little more than a productivity enhancer & a means to cut administrative costs for a business organization. It has value, yes, but I don’t think the bubble is going to last very long. Where is the revenue? A lot of the tools will be available for free or close to free. Its almost like spell check or electricity. Also, Microsoft is probably the most advanced in AI and they will simply make it a value add to Office and their other products, which means they will dictate to the world how AI is priced. Remember when Steve Jobs said 99 cents for a song on iTunes. Its going to be a similar effect.
Organizations that don’t really care about AI will be forced to use it just to keep up with their industry so as not to be left behind, as you correctly mentioned. But yeah, it is a hype but it will quiet down quickly and I think the world will move on. Its really the social ramifications that one has to watch out for when you chop out the administrative class/middle class. Lol
Productivity enhancement allows you to hire fewer workers. There’s your revenue. But it is going to end users, not the AI provider.
nothing is 'free' in this world lol
AI is driving the mkt, so if there was a bubble in tech, the mkt is headed for extreme pain. Red flag boiling pot would suggest blood to a lot of shorts, but in my opinion, AI is driving the mkt because of the cost it will cut, eliminating the worker
Martin if you are Albanian you do not have Slavic roots Albanians have their own roots.
So we re going to be fine thanks
Unless all his hedge fund buddies told him? This will be coordinated sell.
I disagree that the early internet had very little use for average people. I lived thru that era. The internet had big impact in people’s daily lives back in 1998.
Conversely, I don’t see AI being of much use in this era. I sit at a computer at work all day, and I have yet to see an application that I use on a daily basis that has any AI features.
It's mostly businesses and data management right now. It is what computing was always meant to be and will only get much much larger. Computer programs right now are like hitting a rock with a chisel.
You could have said the same thing about tcpip in 1992. In the next 5-6 years, it completley revolutionized business and knowledge transfer around the planet. Just because your personal vision and experience is limited does not mean the conditions for radical change arent in place.
Wouldn't biotechs have a massive productivity boost with AI? Seems like the automation will save hours daily. And maybe Biotechs lead us or hold us up during a crash?
AI gonna make noob script kiddies to crash hard. Not AI. 😂😂😂
Good afternoon what are some good investments to make n thanks??
tell that to Pantera Capital launching $200M and Point72 $1B AI-focused funds
What is your read on AI/robotics? Will AI/robotics prevent the bubble from popping? Be the next bubble? Or the last bubble?
What a great script.
Yes, after elections.
will Daraprim crash aswell?
You’re a hero! Thanks for sharing.
Our government is out of control.
Current AI will have a big impact, evolutionary for some industries and ways of life, but revolutionary for others, esp if paired with robits, androids, etc. However it will not be revolutionary across the board until Artificial General Intelligence is created, at which point everything will change for humanity, for the good or bad. But I think true AGI, which may or may not lead to sentience, may take far longer than estimated, and in the meantime we'll have ever smarter multi modal AI that will mimic AGI in many ways and could itself cause revolutionary impact in all ways of life.
There is only so much money. If one part of the market skyrockets, it needs to get fuelled by other parts of the market. At some point, there can not be more money shifted. That's when the inflection point is reached, and everyone knows, it can't go further up. Then panic sets in and everyone sells - because everyone knows that every other participant knows we reached the end of the road.
So look out for other parts of the markets. Look out for stagnation of sellouts. Russell 2000 is sold out. Bitcoin goes slowly down. There is still room to pump the Mag 7, but not for very long. I would not be surprised if we see a crash in 2025.
money doesnt stay in a stock. The seller now has that money and can buy anything he wants with it, including the stock he just sold.
Actually there is unlimited money - the us treasury creates it whenever they want by issuing debt.
Im an artist and I need to sell my paintings.
Holy shit this guy shows his face right
Trust me. It won't crash, as long as we're innovating towards AGI. And after that, it'll go to ASI. It might taper away a bit while the next update comes, but it won't crash. The market loves shiny impressive things, and there will be no shortage of that until ASI and beyond
okay I trust you! Yoloing in the morning
I think everyone said AGI in 5 years. IMO we don't have AGI in 5 years then ya possibly a REALLY big crash. its too early now
@@sirus312 It's not just AGI, it's the constant announcements from the AI world. It's also the constant battle for supremacy between Apple, Google, Microsoft. Each one is trying to one-up the other by way of huge flashy projects. Don't forget about the upcoming humanoids (Figure and other startups) that's been invested by OpenAI which will also make headways. The AI space demands more compute, more algorithms, more disruption. The way I see it, there won't be any crash, unless the government steps in with some damning regulation that halts the entire industry. That's the only way there will be a real sentiment upturn.
please buy a better mic
and remove the background noise
final cut or camtasia has those features
You only live ones.
Da skrellz give me some bio techs to short with long puts please sir
Are selling real estate for cash?
True, the coummunistic Albanian background lead to the case that I had to explain my coworkers in Germany, what stocks are...they didn´t know what that is...
“The internal combustion engine industry will crash like the Tulip bubble!”
-similar take, circa 1863
You can't conflate genetics and investing in the market. Cultural, sure...
The Fiat Money system ans Capitalism will crash first we need a 40% Asset price reduction minimum to balance it out
yes the internet was a fad too and social media I said they would never last
What would you do right now if you only had $1000 to your name?
this aged well
XRP XLM to the moon
From a valuation perspective, NVDA is cheap.
My concern deals with its significant weighting in the S&P. Can you talk more about this
New shit . I knew this. Hopefully y’all know the good Ai coins!!!!!
I can sense that too
Ar you Albanian or Slavic? Its not the same
Hes lost. A.I is not a trend, its literally a new species. A.I is like discovering fire. Its gonna change humanity forever. It may be hard to see that because its in its infancy...but soon itll all make sense.
So was the internet and automobile industry, but they still led to bubbles. Bubbles just mean over excitement. You can't multiply investors money simply cause something is revolutionary.
That's just stupid. But i understand why many of you cling to that hope.
Why are we listening to this criminal again? He's a literal convicted felon who has served time, is literally in the Forbes hall of shame. Everything he's every done he's failed in, that includes trying to pretend like he can run hedge funds and then proceeding to lose ALL of the money, NOT ONCE.
He can't predict his way out of a paper bag.
You honestly believe that the US government deciding someone is a criminal means we should ignore everything that person says?
Shkreli is a legend
I disagree 😂😂
Dot com bubble/rush lasted 4-5 years. The AI rush hasn't even been a year. There's still time to run before it does go down eventually.
deep value play imo
DFV, one could say
AI is a deep value play?
Really deep 🤣
@@ww-kq7nm source of arbitrage uncorrelated deep value discounted cashflow quantitative alpha six sigma FASB FAANG NPV IV returns
@@ShkreliPlanet so deep you forgot to put it in the thumbnail
??
couldnt disagree more. it was immediately obvious that internet was the killer app. before the internet pc's existed offline, and they were cool but there wasnt any killer app.
AI otoh, cant really do anything. if you dont believe that, spend 30 seconds interacting with alexa. llm's are painfully limited. color me an AI skeptic until proved otherwise. I think "AI" whatever that means, could be a very useful tool, dont get me wrong. But I dont think it will ever be intelligent per se. I dont think people even really know what it means. I was just reading a review about Microsoft's AI copilot PC's. Apparently they are awful.
I would suspect Nvidia is going to lose trillions in value sooner or later. i'm pretty sure thats what this is all about, nvidia.
Bla bla bla
😂😂😂😂😂😂😂😂
what is he coding
He's trying so hard to sound smart. What terribly boring video with little to no substance.
When AI collapses NVIDIAs stock will get destroyed. If I recall about 2/3 of their revenue is from GPUS for AI.
AI = The newer, sexier name for the same old computer technology, which is fundamentally unchanged from 35 years ago.
r u not the convicted felon and a scammer
The original "pharma bro" 😂
i had the same knee jerk reaction at first but its very interesting to hear his opinions. he speaks very eloquently and seems to be very knowledgeable. but i get it if you cant stand him 😂
Check out his full story in a long form format. Mainstream media painted him in a bad way and has Hillary Clinton's abuse of power wrapped all over it
I have heard from incredible sources that he switched to Islam.
@@woodym2 good for him..but still a scammer
Hey scammer 😂
Hallelujah!!!! The daily jesus is good was owning a loan of $47,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $8,000 and got my payout of $270,500 every months, God bless Kathy lien
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Kathy lien
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!
Shkreli what's the best way to contact you?
Links in description
I recommend mushrooms.