Because NVIDIA is the linchpin of the overextended AI buildout and it turns out they’ve been knowingly sidestepping sanctions. Which in turn helps explain why Ukraine keeps finding NVIDIA AI chips in Russian drones.
Huge percent of the recent stock market gains from the last years were due to AI up until this week. And it was NVIDIA who was floating the cash to keep things buoyant in a lot of cases.
1), weʻre hogs for drama and have goldfish memories
2), for-profit media responds to this, creating a cycle which rewards the feedback loop of shocking headlines with no durability
3), heʻs one of the most powerful people on the planet in the midst of one of the biggest bubbles (potentially) in history, in a time where wealth inequality is greater than the gilded age. it would be ridiculous NOT to be paying attention to something as potentially consequential as this.
The wild thing is that people were wondering what would happen if one of the AI companies like Anthropic failed, and that such a thing might pop the whole AI bubble.
Instead, you’ve got the core hardware supplier/financier for AI who has been holding a gun to the entire supply chain being the one who finds themselves in trouble.
Why is the internet so obsessed with this.
Because NVIDIA is the linchpin of the overextended AI buildout and it turns out they’ve been knowingly sidestepping sanctions. Which in turn helps explain why Ukraine keeps finding NVIDIA AI chips in Russian drones.
Huge percent of the recent stock market gains from the last years were due to AI up until this week. And it was NVIDIA who was floating the cash to keep things buoyant in a lot of cases.
1), weʻre hogs for drama and have goldfish memories
2), for-profit media responds to this, creating a cycle which rewards the feedback loop of shocking headlines with no durability
3), heʻs one of the most powerful people on the planet in the midst of one of the biggest bubbles (potentially) in history, in a time where wealth inequality is greater than the gilded age. it would be ridiculous NOT to be paying attention to something as potentially consequential as this.
The wild thing is that people were wondering what would happen if one of the AI companies like Anthropic failed, and that such a thing might pop the whole AI bubble.
Instead, you’ve got the core hardware supplier/financier for AI who has been holding a gun to the entire supply chain being the one who finds themselves in trouble.
Yeah this is like, 10x worse.
Can’t do shit about it, grab the popcorn and watch the show.
Cause it’s an omniscandal hitting the guy who took the computer away from us
funi