There are two $1T companies who are all-in on RSI internally right now. They are supported by $20T of market cap plowing R&D into their efforts. You can think it’s dumb money at your own peril, however the market rewards intelligent allocation…
There are two $1T companies who are all-in on RSI internally right now. They are supported by $20T of market cap plowing R&D into their efforts. You can think it’s dumb money at your own peril, however the market rewards intelligent allocation…
Just like Tesla was immune from all the naysayers which were saying its a highly unprofitable company which will 100% go bankrupt because its economics dont make any sense, and they lost huge amounts of money shorting the stock
In contrast, AI companies that are actually unprofitable are dependent on continuously raising additional money to sustain their operations, so a sudden drop in market confidence could become a self-fulfilling prophecy as it makes it more difficult to raise money which makes the business more risky which decreases market confidence in a downward spiral.
An actual product with huge demand is not enough to avert bankruptcy, you also need to serve that demand profitably (like Tesla does).
if I sell 1 token at $1 and there are a trillion of them minted, that does not make a $1T market cap
but if you want to prove a point against AI with fake data, sure
Space data centres are the panicle of intelligent allocation.