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    1. Appropriate_Host4170 on

      uhhh Enron is the LAST company I think of when I think of bubbles… how about propping up your company around a tech that isnt remotely mature and has not actually made any money for anyone yet beyond hopes and dreams.

    2. This just in the sky is blue and the company profiting off an insane bubble says „they’re different“..

    3. Strange-Effort1305 on

      It’s not a Ponzi scheme if you are just stealing from yourself!!!

    4. “People keep asking a lot of questions already answered by my ‘I am not Enron’ t-shirt”

    5. „You know what, now that I think about it, all these ‚AI‘ companies have been buying my GPU ~~buy~~ by the boatload for an insane amount of money, but they have not shown any sign of turning a profit. There’s only hype in the news about the AI revolution, but we can’t actually find any concrete evidence of a real shift. This really looks like a bubble to me.“

      — Things Jensen Huang knows but will never say.

    6. PacificTridentGlobel on

      Yeah, the fallout from the AI bubble popping will indeed make the fallout from Enron look quaint. Have to agree with him there.

    7. FalseAnimal on

      Yeah it’s not Enron, this time they bribed enough politicians to ensure there will be no ramifications. 

    8. apuzzledpanda on

      I mean Nvidia is one of the few companies actually making money on AI right now, but I don’t know how much longer the other companies can afford to spend like crazy on their GPUs.

    9. BroForceOne on

      We may be doing the same environmental and economic damage with the same circular accounting revenue bullshit but the sign on the building definitely doesn’t say Enron.

    10. Huang: My “we are not the next Enron scam” t-shirt is generating a lot of questions already answered by the shirt. 

    11. Able_Elderberry3725 on

      This man’s net worth may be compared to entire nations. Crypto, and now LLMs, all require sophisticated, advanced processor architecture to work effectively. He is working on AI and creating the hardware for it, and compelling others to buy in.

      Self-dealing bullshit with no ultimate end goal and no clearly definable pattern by which they might expect a return on the investment.

      Bubble gonna burst.

    12. Own-Chemist2228 on

      We sell shovels to people who dig for gold.

      Some of them find gold. Sometimes that gold is worth more than what they paid for our shovels. Often it is not. But we sell a lot of shovels.

      (Oh… and we invest in mining claims and the miners use that money to buy our shovels and have complex financial „partnerships“ with gold-mining corporations…)

      But we sell a lot of shovels.

    13. Wait. No one was thinking of Enron levels of fraud, just that it was super bubbly. Should we be looking for fraud too?

    14. ThrowawayAl2018 on

      Kenneth Lay said this about Enron…

      *“The collapse of Enron and the subsequent collapse of Arthur Andersen were tremendous tragedies. But as I stated at the time of my indictment on July 8, 2004, failure does not equate to a crime.“*

    15. lol nvidia will be fine regardless, even if they sink a ton of money into a run they have to sell at a steep discount for years because the bubble collapses they still have steady business forever at the core, of course they will push people as far as they can for as long as they can

    16. Enron wasn’t a bubble, the dot com was which the AI bubble is looking a lot similar.

    17. McThrowaway5555 on

      If you have to keep telling people you’re not like Enron, you might be like Enron

    18. throwaway1601900 on

      I sooooo hope this bubble bursts, it’d be absolutely fucking glorious.

    19. squintamongdablind on

      Overvalued or Hyped =/= Fraud. Enron committed outright fraud by cooking up their books.

    20. another_brick on

      Of course not, we know what Enron was. Whatever fresh hell is going to crawl out of the AI bubble bursting is yet to be seen.

    21. RollTide16-18 on

      The largest company in the world telling the media they are not Enron is a recession indicator

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