• kn0wmad1c@programming.dev
    link
    fedilink
    English
    arrow-up
    33
    ·
    11 hours ago

    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.

    • DragonTypeWyvern@midwest.social
      link
      fedilink
      English
      arrow-up
      8
      ·
      edit-2
      6 hours ago

      Which is fine and dandy when you’re paying fat dividends and not treating the inflated stock as the end goal itself.

      Nvidia’s annual dividend was .022%

      To put that into perspective, Shell’s is 3.83% and McDonald’s is 2.41%.

      Nvidia is showing all the signs of a business that has lost the plot. They’re spending all their actual profit on buying their own products for other businesses and calling it an investment into infrastructure.