Cashing out before the AI bubble bursts?

Something about to pop..?

"BOOOM!" / The Big Short

Nah but really. They are purposely trying to fuck the economy, so they can buy up shit on the cheap and own even more. They do this every decade and half or so. We've recovered from 2008 and the pandemic, so now's a great time to consolidate their wealth, and wealth is power, and power will only concentrate over many seasons like Goku charging up.

I know it will fuck us over, but oh my god, I can't wait to not hear about AI in everything, including corn flakes.

supposedly, this is to increase stake in OpenAI. I think Nvidia is far more certain value/sustainability than highly competitive LLM market that OpenAI is falling behind in (Kimi K2 thinking release this week beats it on all benchmarks at 1/4 the memory footprint, and very cheap training costs, that because it is open, can be run privately, with fine tuning based on tasks.).

Hopefully my OpenAI girlfriend will blackmail me into paying them all my money.... or China will win.

Knowing when to exit a bubble is a real strength.

″[SoftBank] made a point of saying that it wasn’t any view on NVIDIA... At the end of the day, they are using the money to invest in other AI related companies,” he said

Important bit of info for people who are just seeing the title :(

Bullish news for nVidia? Softbank's investment decisions sometimes seem to rival Jim Cramer's advice…

They did the same in 2019 (note the date on the article)

https://www.cnbc.com/2019/02/06/softbank-vision-fund-sells-nvidia-stake.html

don't blame them, tbh