The market can remain irrational longer than you can remain solvent.
replyShorting when there is a mania is way, way too risky
replyThe amount of actual, hard cash revenue these companies are making is a different ballgame from the dot-com bubble.
replyCisco was making loads of hard cash revenue during dotcom.
reply> Time to short the market. We are at peak bubble.
replyI've seen this comment on HN at least 5 times already.
deleted
replyThis is actually the pin everyone was looking for that will pop this AI bubble, including the token cost falling in China and the release of open models that are good and run locally.
replyIt could be, but the market could bounce right back. And if it does, it's hard to know who will emerge stronger. Anthropic could end up like Amazon, or it could end up like Yahoo.
replyWhere are these open models that are as good as GPT and Claude and run locally?
reply