Der Billionen-Dollar-Auslöschung des KI-Marktes geschah, weil die Anleger darauf vertrauten, dass „fast jedes Technologieunternehmen als Gewinner hervorgehen würde“
Der Billionen-Dollar-Auslöschung des KI-Marktes geschah, weil die Anleger darauf vertrauten, dass „fast jedes Technologieunternehmen als Gewinner hervorgehen würde“
> JPMorgan’s CEO Jamie Dimon is of such an opinion, explaining at the Fortune Most Powerful Women Summit last year
Jamie Dimon, a powerful woman?
xxjosephchristxx on
Did I miss something this morning?
Orion_2kTC on
Does this mean 5090s will finally drop in price?
FuttleScish on
Waow, this has never happened in the history of investment before! Who could have predicted
Realistic_Muscles on
I want this stupid bubble to burst.
I don’t care I want gpu/ram price to come down.
Fuck these dumb LLMs
Only brain dead newbs will believe these LLMs can do anything.
nrith on
Can I humbly ask that when it finally bursts, it happens after late May when my RSUs for an AI-obsessed company vest?
Stilgar314 on
This is stupid. Investors are losing trust on „full AI“ companies because they see all the billions burned won’t ever turn into profit, but, at the same time, investors are selling hard on organizations that they think may be „substituted“ by AI. At least, I hope they’re not the same investors doing both, but, at this point, nothing about the drug powered monkeys operating the markets would surprise me.
fixermark on
That’s pretty bog-standard behavior in a bubble, right?
„I know this is big, but I have no idea how to know which one of these options will win, therefore I will put money on whatever I can afford and hope I backed the right horse?“
That doesn’t mean there are *no* winners (someone was early-in on Amazon when the Web 2.0 era happened), but it does mean *most* people won’t come out ahead, right?
jesusonoro on
every company that laid off half their staff „because AI“ is real quiet right now. those jobs arent coming back when the hype fades either, that was always just the excuse
Vegetable_Tomorrow41 on
Jokes on them, I’ve unsubscribed to all these companies pushing ai hard
Emulated-VAX on
I think a lot of people didn’t read the article just the headline. It’s the software companies getting pummeled because investors believe in LLMs and can see what is coming.
This is typical in technologies. Airplanes and autos were prototyped for years, laughed at, and then suddenly became mainstream.
You may not believe in AI but it believes in you. And it’s coming for everyone.
mpbh on
Market is down 1%
TRILLION DOLLAR AI WIPEOUT
Avoidtolls on
Regular AI and generative AI. Pretty big distinctions.
SirArthurPT on
AI massive data centers can only sell to someone that’s dumber than dumb!
Idk who tf is thinking on replace his workforce with **remote** AI, but should reconsider asap. Any failure of that datacenter will leave his company totally frozen, all sorts of telemetrics will be possible from the „AI provider“ as it records all moves, all customers, all complaints and eventually even all code, documents and whatever else you give AI to chew on.
Basically you hand your company over to OpenAI or similar and even pay up for doing that.
eightdx on
I’m starting to think that investors are usually just morons.
dragonfighter8 on
Waiting for AI to fail.
This solves most if not all problems.
Gripdeath on
Did the bubble pop??
illsancho on
Looking at my company going through its 4th round of layoffs.
Mm hmm…
just-one-jay on
The amount of capex the industry has blown on this stuff would require every last cent of profit for a decade to repay..
It’s truly wild
FrozenFirebat on
I could be wrong, but what i got out of the article is not that ai stocks lost value, but software company investors are starting to think that not only ai will replace workers, but also their already existing products, and they should sell their stakes before everybody else realize it too.
cfexrun on
I really don’t think we should believe this was all some oopsie instead of business as usual.
Concentration of wealth and power is their game. We’re the pawns.
TheComplimentarian on
*No*. They just knew that some of them would pay out 100x. So they dumped money into all of them, knowing full well that most of them wouldn’t make it, but the ones that would, would cover the loss.
The state of finance journalism is something else.
bye-standard on
If everyone’s a winner, no one is a winner
setzer on
what wipeout? Nvidia is only down like ~10% from ATH. A wipeout would be if these companies were like 50-60% down.
NoHorseNoMustache on
God damnit I was told ‚AI‘ was going to take all the jobs within 18 months and was banking on not having to work by the end of 2027. What a damn ripoff!
blackcain on
Investors are some of the stupidest people on the planet.
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> JPMorgan’s CEO Jamie Dimon is of such an opinion, explaining at the Fortune Most Powerful Women Summit last year
Jamie Dimon, a powerful woman?
Did I miss something this morning?
Does this mean 5090s will finally drop in price?
Waow, this has never happened in the history of investment before! Who could have predicted
I want this stupid bubble to burst.
I don’t care I want gpu/ram price to come down.
Fuck these dumb LLMs
Only brain dead newbs will believe these LLMs can do anything.
Can I humbly ask that when it finally bursts, it happens after late May when my RSUs for an AI-obsessed company vest?
This is stupid. Investors are losing trust on „full AI“ companies because they see all the billions burned won’t ever turn into profit, but, at the same time, investors are selling hard on organizations that they think may be „substituted“ by AI. At least, I hope they’re not the same investors doing both, but, at this point, nothing about the drug powered monkeys operating the markets would surprise me.
That’s pretty bog-standard behavior in a bubble, right?
„I know this is big, but I have no idea how to know which one of these options will win, therefore I will put money on whatever I can afford and hope I backed the right horse?“
That doesn’t mean there are *no* winners (someone was early-in on Amazon when the Web 2.0 era happened), but it does mean *most* people won’t come out ahead, right?
every company that laid off half their staff „because AI“ is real quiet right now. those jobs arent coming back when the hype fades either, that was always just the excuse
Jokes on them, I’ve unsubscribed to all these companies pushing ai hard
I think a lot of people didn’t read the article just the headline. It’s the software companies getting pummeled because investors believe in LLMs and can see what is coming.
This is typical in technologies. Airplanes and autos were prototyped for years, laughed at, and then suddenly became mainstream.
You may not believe in AI but it believes in you. And it’s coming for everyone.
Market is down 1%
TRILLION DOLLAR AI WIPEOUT
Regular AI and generative AI. Pretty big distinctions.
AI massive data centers can only sell to someone that’s dumber than dumb!
Idk who tf is thinking on replace his workforce with **remote** AI, but should reconsider asap. Any failure of that datacenter will leave his company totally frozen, all sorts of telemetrics will be possible from the „AI provider“ as it records all moves, all customers, all complaints and eventually even all code, documents and whatever else you give AI to chew on.
Basically you hand your company over to OpenAI or similar and even pay up for doing that.
I’m starting to think that investors are usually just morons.
Waiting for AI to fail.
This solves most if not all problems.
Did the bubble pop??
Looking at my company going through its 4th round of layoffs.
Mm hmm…
The amount of capex the industry has blown on this stuff would require every last cent of profit for a decade to repay..
It’s truly wild
I could be wrong, but what i got out of the article is not that ai stocks lost value, but software company investors are starting to think that not only ai will replace workers, but also their already existing products, and they should sell their stakes before everybody else realize it too.
I really don’t think we should believe this was all some oopsie instead of business as usual.
Concentration of wealth and power is their game. We’re the pawns.
*No*. They just knew that some of them would pay out 100x. So they dumped money into all of them, knowing full well that most of them wouldn’t make it, but the ones that would, would cover the loss.
The state of finance journalism is something else.
If everyone’s a winner, no one is a winner
what wipeout? Nvidia is only down like ~10% from ATH. A wipeout would be if these companies were like 50-60% down.
God damnit I was told ‚AI‘ was going to take all the jobs within 18 months and was banking on not having to work by the end of 2027. What a damn ripoff!
Investors are some of the stupidest people on the planet.