Let me fix that phrasing: “One of the richest men in the world complains that others did not give him more money after his business made so much money.”
What a sad existence. Find some other form of validation, dude.
Well, most of that “incredible” quarter was just IOU’s from Sam Altman.
IOUs backed in turn by IOUs
Oh, the guy who intimated that the US gov will have to bail their asses out because their futures were TBTF. I will be happy to see that guy in prison for his pyramid schemes.
Jensen doesn’t seem to realize that the only company profiting from AI is nvidia, and they’re profiting from companies that are losing money on AI. It’s a very fragile ecosystem being over-inflated. A bubble, if you will.
Rich man complains investors saw through his circular financing scam to artificially inflate his
criminal gang’senterprise’s stock price.Passing the same $300 billion dollars back and forth between 5 companies does not make a great quarter ya nob, everyone sees how close the game is to falling apart.
Yup. Sounds like a Ponzi scheme.
CEO complains that his blatant circular investment infinite money glitch isn’t convincing people that these perpetually unprofitable businesses are actually worth further investment.
I sold off my Nvidia stock about 3-4 weeks ago in the effort of divesting myself of all the AI futures. I also had sold off Amazon, MS, Intel, etc. (I never owned Tesla). With the money I bought Berkshire Hathaway, med tech/pharm stocks and stock of my local energy supplier since they hiked my rates those MFers, as well as a chip corp opening a fab here. Also can’t go wrong with MC. I keep away from crypto and consider AI a poison pill… worse than the real estate bubble in the early 2000s. Just want to say, I am not a huge investor… I just decided to buy stocks instead of shoes cuz they take up less space and tend to increase in value vs lose value. No one sells their shoes.
I also moved some money into European and Asian stocks.
I made good money off nvidia. Not going to be a bag holder.
The entire market saw the US government shovelling money in to your loading dock, Jennie. The market may be ignorant, but they’re not stupid.
He’s had an ego like this for a long time. I’m glad more people see it now.
The market doesn’t give a shit about you or your company. The people who bet lots of money on your company’s success or failure give a shit about whether your company is a pile of rubble in x amount of time when they can cash out.
Meanwhile on the Titanic:
“People are getting so upset about a little water in the hull. They clearly don’t appreciate how great the trip has been so far!”
No one will appreciate when you crash the entire economy either you greedy cow
This guy is certifiably evil.
“We’re basically holding the planet together — and it’s not untrue.”
So he admits that it’s a bubble set to burst.
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Should be illegal for a company to comment on the stock market. It’s basically manipulation.
