Fusionxz
Kraken
- Joined
- Jun 25, 2024
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bubble will collapse and the economy will crash
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I'm gonna sound like mindless drone retard but what the fuck are we supposed to do actually?There's literally 5D chess being played on so many levels in the real world but niggas here are still arguing about the most pointless shit
The truth is even the people building this stuff don't fully know where it ends. Even Altman himself doesn't know where they are heading. The end goal is to build AGI. It is to build systems that can think, reason, and create at scale, replacing repetitive or cognitive labor.With all that money coming in, they gotta come up with something remarkable right? Something massive.
What's the end goal?
Water. It’s over for the world@User28823 @CorinthianLOX @wishIwasSalludon
U should start a podcast I'd listen to that's shit cuz this was a nice readI recently made a thread about this
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OpenAI hits $500 billion making it the world's most valuable startup
$500 billion and privately held. Imagine playing in the same league as the top public giants without ever having to answer to shareholders. So much fucking power. Jesus Christ...looksmax.org
But still some retrads like @looksmaxxed @romanstock can't stop coping with their WN drivel and fail to understand the broader picture.
The entire US stock market is dependent on one single company now that most people can't even invest in. OpenAI recently became one of the biggest startups in history and nearly every single company in S&P 500 is dependent on it. Don't believe it? I'll explain
Microsoft is OpenAI's biggest investor and provides all cloud infrastructure through Azure data centers
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AMD and Nvidia are in competition to supply AI chips worth billions
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Oracle is also building an absolutely massive supercomputer cluster called stargate exclusively for OpenAI
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Even OpenAI's biggest competitors like Google, Microsoft and Meta are working with them.
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Broadcom is designing custom AI chips for next generation working with them closely to scale the system to another level
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Even smaller companies like core weave are providing GPU infrastructure and numerous more companies indirectly tied to it.
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CoreWeave Expands Deals With OpenAI to as Much as $22.4 Billion
CoreWeave Inc. expanded its agreements to supply data center capacity to OpenAI by as much as $6.5 billion to $22.4 billion, the latest deal to underscore the immense demand for AI computing power.www.bloomberg.com
This year alone OpenAI signed $1 Trillion worth of deals in dependencies.
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And here's the scary part of OpenAI fails to become profitable before it becomes public. It's sinking thr entire US tech sector along with it.
OpenAI is right now burning through billions of dollars of computing resources to power it's engine and investors are literally betting trillions of dollars on its success if the AI bubble bursts before OpenAI generates profit the tech sector in the US is finished. GG. That's how powerful this company is. There's literally 5D chess being played on so many levels in the real world but niggas here are still arguing about the most pointless shit.
It's because he's a faggotExplain the hmm react @User28823
how will openai take the whole tech sector down if it fails?Explain the hmm react @User28823
Nigger litteraly EVERYONE is investing into AI, and all depend on open ai for it. Investors only care about AI and openai are the niggas who run it all.how will openai take the whole tech sector down if it fails?
meh, my company wont nudge if openai failsNigger litteraly EVERYONE is investing into AI, and all depend on open ai for it. Investors only care about AI and openai are the niggas who run it all.
how will openai take the whole tech sector down if it fails?
Nigger litteraly EVERYONE is investing into AI, and all depend on open ai for it. Investors only care about AI and openai are the niggas who run it all.
meh, my company wont nudge if openai fails
meh, my company's core business operations dont rely on a AI valuation bubbleMarkets Confidence= Hate uncertainty. If investors suddenly believe Al returns won't justify gargantuan valuations. What happens is risk premia spike.
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Leveraged funds and tech ETFs could get hammered, creating forced selling across the sector not just Al names so it's not just these countries that affected. It's an entire interwoven inter dependent web that gets affected that most probably affects your company too
Similar to what I said but high iq and with effortMarkets Confidence= Hate uncertainty. If investors suddenly believe Al returns won't justify gargantuan valuations. What happens is risk premia spike.
View attachment 4229874View attachment 4229875
Leveraged funds and tech ETFs could get hammered, creating forced selling across the sector not just Al names so it's not just these companies directly involved that get affected. It's an entire interwoven inter dependent web of tech giants and smaller companies that gets affected so it most probably affects your company too
What does ur company domeh, my company wont nudge if openai fails
your company might not need Al but it still lives inside an ecosystem. No company conducts buisness completely on its own. Even Apple a company that hates third party and tries to control every layer of its stack still relies on the same global supply chain, chip manufacturers and investor sentimentmeh, my company's core business operations dont rely on a AI valuation bubble
I would say we're far more reliant on cloud infrastructure than AIyour company might not need Al but it still lives inside an ecosystem. No company conducts buisness completely on its own. Even Apple a company that hates third party and tries to control every layer of its stack still relies on the same global supply chain, chip manufacturers and investor sentiment
that's dependent on AI. Your company's vendors, infrastructure providers, or investors all are all increasingly dependent on AI.
Does ur companies office perchance next to ur place of residency?
Ykw true #fairsI would say we're far more reliant on cloud infrastructure than AI
The thing is Al demand is now one of the biggest drivers of cloud growth and pricing.I would say we're far more reliant on cloud infrastructure than AI
meh, the cloud doesn't rely on AIThe thing is Al demand is now one of the biggest drivers of cloud growth and pricing.