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Cont: Musk, SpaceX and future of Tesla II

Gulliver Foyle said:
They're all rushing around to find "the one weird trick" to rescue their massively overextended and overexposed positions that they've begun to realise are rapidly falling part, even Nvidia. That's why you've got such genius positions as Nvidia lending to companies losing money hand over fist on the proviso they'll buy moreNvidia GPUs with it.
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NVidia is the storekeeper of the AI gold rush. That's the one AI related company I would invest in.
 
jeremyp said:
Wow. It's like he's heard of the Hitchhiker's Guide to the Galaxy and he's heard it is cool with tech nerds and he's heard it has got the Encyclopaedia Galactica in it but he's never actually read it.

When he merges Tesla,xAI and SpaceX, he'll call the resulting dumpster fire "The Sirius Cybernetics Corporation".
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And he'll be the first against the wall when the revolution comes..?
 
jeremyp said:
Wow. It's like he's heard of the Hitchhiker's Guide to the Galaxy and he's heard it is cool with tech nerds and he's heard it has got the Encyclopaedia Galactica in it but he's never actually read it.

When he merges Tesla,xAI and SpaceX, he'll call the resulting dumpster fire "The Sirius Cybernetics Corporation".
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Go and stick your head in a pig
 
jeremyp said:
Wow. It's like he's heard of the Hitchhiker's Guide to the Galaxy and he's heard it is cool with tech nerds and he's heard it has got the Encyclopaedia Galactica in it but he's never actually read it.

When he merges Tesla,xAI and SpaceX, he'll call the resulting dumpster fire "The Sirius Cybernetics Corporation".
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Not Skynet?
 
Aridas said:
Not Skynet?
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The Sirius Cybernetics Corporation is the preeminent tech company in The Hitchhiker’s Guide to the Galaxy. The HHGG describes the marketing division of the Sirius Cybernetics Corporation as a bunch of mindless jerks who will be the first against the wall when the revolution comes. An edition of the Encyclopaedia Galactica that fell through a time warp from a thousand years in the future described the marketing division of the Sirius Cybernetics Corporation as a bunch of mindless jerks who were the first against the wall when the revolution came.
 
Gulliver Foyle said:
At this stage I wouldn't. When you're giving your customers your cash to buy your product the bottom's about to fall out of your market.
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The point is that NVidia does have a real product to sell and all the AI companies chasing rainbows need it. There is a bubble but if there is one company associated with the bubble that will survive it’s NVidia. Keeping your money there is less crazy than taking it out to put into an AI company.
 
jeremyp said:
The point is that NVidia does have a real product to sell and all the AI companies chasing rainbows need it. There is a bubble but if there is one company associated with the bubble that will survive it’s NVidia. Keeping your money there is less crazy than taking it out to put into an AI company.
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a product no one really wants, if not to keep up the charade that enough GPU power will start the Singularity.
They are no real use for anyone at the current price and energy consumption.
 
The Great Zaganza said:
Douglas Adams summed the AI industry up nicely:

"In other words - and this is the rock-solid principle on which the whole of the Corporation's Galaxywide success is founded - their fundamental design flaws are completely hidden by their superficial design flaws."
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That he used an em dash makes it all the more prescient.
 
jeremyp said:
The point is that NVidia does have a real product to sell and all the AI companies chasing rainbows need it. There is a bubble but if there is one company associated with the bubble that will survive it’s NVidia. Keeping your money there is less crazy than taking it out to put into an AI company.
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Remember that though NVidia is leaning pretty heavily into AI these days, they also have a strong base in crypto. If the AI bubble bursts, their crypto market could keep them aloft.
 
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