It is very unfortunate for people like you understood that crypto was a scam and then assumed that the next thing that all the same people pivoted to was also a scam.

Do you truly think AI is the next crypto? What is your heuristic?

I think you can pretty much bank on the fact that large scale vector and matrix calculations aren't going away, regardless of which hype-wave they're a part of.

The threat to NVIDIA is probably from startups also working in the space of machine learning acceleration, not from industry demand itself.

If anything, ML will just move more and more from "tech"[bro] type companies and into more and more broader industry. Aerospace & defense, manufacturing automation, etc. etc.

It's not about chatbots and AGI, it's about dealing with huge quantities of data, and that's not going away.

While I think the 'AI' trends are waaaaaaaay overinflated right now and somewhat grifty, even if it completely collapsed Nvidia would be fine. They provide lots and lots of compute power to those who need it, and in the commercial and public sectors that's always needed - far more as technology advances.

Someone somewhere will always need to run a bigger, better simulation and Nvidia is more than ready to provide the hardware for that.

I, too, am waiting for the short.

I hear Reddit is nice this time of year.

Ah dang… wish I would’ve known that the thing I get immense value out of every day was a grift…

Maybe Apple’s iPhone grift will end soon too!!