An AI leaderboard suggests the newest reasoning models used in chatbots are producing less accurate results because of higher hallucination rates. Experts say the problem is bigger than that
The stock just going to grow indefinitely, driven purely by hype and advertising.
Agree to disagree. Go invest in AI if you want.
Like blockchain, NFTs, crypto, 3D TVs and every other overhyped tech with no actual product behind it, I am certain it will crash, so I wouldn’t recommend it, but you’re welcome to your take.
Because that is what has happened to Tesla for the last 10 years and counting.
I despise Elon just as much as you do, ever since the cave diving incident I’ve seen him as an immature school child and he’s only revealed himself to be that much worse.
But don’t rewrite history about Tesla and act like they weren’t selling cars…
Those 10 years were legit growth. He built a dedicated intellectual demographic of people who care about climate change.
Now he’s spent the past 2 years burning it all down, so we’ll see how long he can keep this up. Not 10 years.
Every rational investor will tell you the financial growth of the company does not come anywhere close to justifying the astronomical growth of the stock price.
The bubble grows while there is actual growth underneath to push it. When the actual growth stagnates, any growth in the bubble is putting more and more pressure on the stock until minor fluctuations can domino into mass panic.
Look at Enron for an example of this in action. It happens quick.
Agree to disagree. Go invest in AI if you want.
Like blockchain, NFTs, crypto, 3D TVs and every other overhyped tech with no actual product behind it, I am certain it will crash, so I wouldn’t recommend it, but you’re welcome to your take.
I despise Elon just as much as you do, ever since the cave diving incident I’ve seen him as an immature school child and he’s only revealed himself to be that much worse.
But don’t rewrite history about Tesla and act like they weren’t selling cars…
Those 10 years were legit growth. He built a dedicated intellectual demographic of people who care about climate change.
Now he’s spent the past 2 years burning it all down, so we’ll see how long he can keep this up. Not 10 years.
Every rational investor will tell you the financial growth of the company does not come anywhere close to justifying the astronomical growth of the stock price.
AKA a bubble.
The bubble grows while there is actual growth underneath to push it. When the actual growth stagnates, any growth in the bubble is putting more and more pressure on the stock until minor fluctuations can domino into mass panic.
Look at Enron for an example of this in action. It happens quick.
Once again, the bubble implies there is a looming “pop”.
Exactly
Exactly, it’s not a bubble.
It’s either a bubble or not. You can’t have it both ways.
I think I’m done with this.
What did I say in the comment you just replied to?
I get it. We’ve done this circle before.
You’re going to say “it’s not a bubble”.
I’m going to ask “so is the stock price accurate”?
You’re going to say it’s a bubble without using the word bubble “any investor can tell the price is skyrocketed above what it should be worth”.
And then like the Patrick/Man Ray meme I’m going to say “so it’s a bubble” which you will then respond “no” to and we will repeat the circle.
I said I’m done.