AI wouldn’t work without any of that above stuff though.
replyTheir monopolies got broken and the profits disappear in a commodity market.
If nvidia or tsmc got split up i doubt its stock is going to stay at as a high a p/e.
We're discussing AI in general here, not individual companies (and none of those companies have a monopoly). Nobody's arguing that AI wouldn't exist if the previous revolutions hadn't occurred.
replyI know where you're coming from, but we probably should not be talking about AI in this way. I don't think it's helping or serving its purpose.
replyI think civilization will have time to react and adapt, panic leads to haphazard action, we need deliberate consistent action.
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replyThis is exactly the kind of talk that led to all the other bubbles. Amazing how infected people get.
replyThat's a fair point, but tulips are not AI.
replyI'm not even talking about tulips. I'm talking about The Information Superhighway in 1999, I'm talking about real estate investing in 2007.
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