Ask HN: Let's all sell our AI stocks, short Nvidia and pop the AI bubble

8 pointsposted 7 hours ago
by roschdal

Item id: 49301029

23 Comments

gaws

2 hours ago

Not your personal army.

user

5 hours ago

[deleted]

FergusArgyll

6 hours ago

At least AI is not depressed all the time and trying to make everyone lose their money

bigyabai

6 hours ago

Shorting Nvidia this late into the game would just reward the people going long on the stock, perpetuating the bubble with your own hubris.

roschdal

6 hours ago

Nvidia P/E ratio 34.47. should be 10.

bigyabai

6 hours ago

It can get even higher.

roschdal

6 hours ago

I can remain irrational far longer than AI stocks can pollute nature, pillage earth and cause drought and heat related fires.

Today is the Terminator AI moment.

bigyabai

6 hours ago

> I can remain irrational far longer than AI stocks can pollute nature

AI, pollution, eminent domain and global warming will all outlast you.

> Today is the Terminator AI moment.

Try mid 1990s, the earliest deployment of autonomous-kill weapons like the Patriot System and CBU-97 SFW.

dieselgate

7 hours ago

> Humans are better than AI. Sure.

> sell our AI stocks... and pop the AI bubble

Not sure it works that way, unfortunately. e.g. index funds

dmvjs

5 hours ago

you first

roschdal

5 hours ago

the AI emperor is naked.

__patchbit__

6 hours ago

Routes. Resources. AI. Accelerated Infrastructure. What is there to not like?

1attice

3 hours ago

AI is a generational attack on working people everywhere by the capitalized class.

It has earned our animosity, especially if the attack looks like it will actually go through.

And, ironically, I don't think the capitalized even understand that they are building a giant guillotine for themselves, as if the buildout billions are well-spent, there would necessarily be a communist revolution, and it would be bloody. No one eats safely around the starving.

Without a horse in this race, I'm fascinated to see which the market chooses: machine-god + self-annihilation, or humiliation + bankruptcy.

Either way, there is nothing like the present configuration on the other side. Its a political, not technological, singularity.

JoshTriplett

6 hours ago

Standing reminder: The market can remain irrational longer than you can remain solvent.

roschdal

6 hours ago

My intuition tells me I am right about this one.

tanseydavid

6 hours ago

Another standing reminder:

LONG position: potential losses (FIXED), potential gains (INFINITE)

SHORT position: potential losses (INFINITE), potential gains (FIXED)

toomuchtodo

6 hours ago

Grab a coffee with Leopold Aschenbrenner, ask how their experience with intuition went. You must be right, on time, and with sufficient capital behind you to win.

lesuorac

5 hours ago

Arguable he had all 3. He was right about the market going up for AI, he was right about the years, and he had double-digit billions behind him.

It's just there's no sufficient capital when you decide to re-leverage to 4x every time you can.