No Elon understands this deeply in my opinion. You should listen to lex freidmans latest interview with him on neuralink, you would think elon has a phd in the subject.
> Elon understands this deeply in my opinion (…) you would think elon has a phd in the subject.
Do you have a PhD on the subject? And if not, what’s your opinion based on? It’s well-known that Musk consistently and confidently spews bullshit on subjects he doesn’t understand. It really became obvious to a lot of people when he took over Twitter and talked nonsense about its architecture and the reasons for the failures. Oh, and let’s not forget the genius idea of asking coders to print their code, and then telling them to shred what they had printed.
You have tenacity. I gave up at "You should listen to lex freidmans..."
The people listening to Lex Fridman should listen to the debunking of his weird insistence on associating himself with MIT. It's especially weird because he's got multiple degrees from Drexel. His real credentials are... real. Yet he hangs his hat on giving an IAP talk on the MIT campus.
"At this point, I think I know more about manufacturing than anyone currently alive on Earth"
Imma say no. He doesn't understand mass transit or trains. He doesn't understand market segmentation in autonomous vehicles, and that general purpose vehicle autonomy for vehicles designed for private owners is a long way from a robotaxi. Especially when it isn't an MVP for its intended market yet. He doesn't understand pickup trucks. Every place he's been become convinced that his concepts and his designs are the best, are disasters. Money or ketamine went to his head.
> But to say elon doesn't understand his companies deeply is pure stupidity.
And it wasn’t my argument. You can understand your company without understanding every intricacy of your products. A good example is Tim Cook, who understands operations but not design or programming (and doesn’t pretend to) and yet helms Apple into greater heights (even if I disagree with the direction). A company is not a single person, that’s why you hire.
Furthermore, I wasn’t rude or aggressive towards you, and would thus appreciate the same courtesy. Especially when your vitriol comes from a place of misunderstanding and strawmanning. That is not what HN is about.
A lot of the concentration comes from companies just gobbling others, and therefore being more large conglomerates than anything else. Alphabet could easily be 5 separate stock tickers if they felt like it, and most would probably be big enough to be in the index. You could say the same thing of Meta and Microsoft. Splitting AWS from Amazon would also give us two very real, top of the line companies.
So the concentration might be a lot less than it seems, just because a lot of the AI play might be as low risk as, say, when Meta sank so much money into VR, or Amazon decided that smart speakers were the future. A lot of profits are spent if it all fails, but the engine of the company is still sitting there, being the same money fountain it's been for the last decade. It's just that they are, in practice, investing on what would be a new company with the proceeds, instead of doing stock buybacks, providing massive dividends, or reinvest in the existing verticals.
Yeah i mean honestly i think it could be a bubble especially if we start to see stupid things happening, also sure you can say i'm living in a sci fi fantasy, but whatever. Curios to know how your betting against the markets?
hey I am not hating on NVDA all I am saying is something like this is bound to happen and honestly that Is great for people that want to invest at a discount price like you should.
and what is China's market for High Tech chips outside of China?
Will you buy an AI GPU coming from China on which you will train your sensitive data?
People, really create some facts without checking some simple basic things. Huwai was banned for modems in the Western world but sure we will buy their AI GPUs LOL.
And at the same time how can it be that Chinese companies want the far inferior H20 or soon B20 instead of anything coming from China itself??? Nvidia has warned us that they can't provide the demand for H20 chips due to supply but yes sure Chinese chips will kill Nvidia lol.
keep in mind though that NVDA already had the Deepseek moment, went down 20+%… idiots sold, smart people bought… doubt Deepseek-type “crash” will be coming again but never say never…
Yeah your right, that's my point smart people buy the dip, but that was with llms, I think its quite the possibility considering china is producing 2 or three times as much energy, and NVDA, are creating energy efficient gpus, china does not have to worry about that they can make it as powerful as they like.
And also, unless you get feedback in the right way, a lot of people could mislead you. Paying shows real validation that you cant argue with. Actions are a lot louder than just words.
2 billion is the price.