If someone who is as unpopular as Elon the cringelord Musk can convince the markets that Tesla is worth its current stock price, I doubt the AI bubble will burst.

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cortesoft an hour ago | parent | next [-]

People buying shares at a given price does not necessarily mean they believe the company is worth that much

https://en.wikipedia.org/wiki/Greater_fool_theory

	▲	Barbing 32 minutes ago \| parent [-]
		Can a person get their Roth IRA on a stoploss to make sure it’s everyone else left holding the bag? Asking for an antisocial friend Ah with a decade or two time horizon it shouldn’t matter how hard it crashes if Zitron & Doctorow are proven right… rightttt!

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karim79 17 minutes ago | parent | prev | next [-]

+1 for the word Cringelord. I have taken this and shall use it on my journeys.

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SchemaLoad an hour ago | parent | prev | next [-]

It's already burst in South Korea when China showed they can make memory chips too. And it would have burst by now in the US if OpenAI and Anthropic were public.

	▲	Nition 28 minutes ago \| parent [-]
		The SK stock market is still up 55% since the start of this year.

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asdfman123 2 hours ago | parent | prev | next [-]

He can keep the scam going for a long time but not forever.

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amazingamazing an hour ago | parent | prev [-]

It is only a matter of time until China can make everything needed for sub 8nm chips in their own country. Maybe 10 years away, but it is inevitable.