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The AI ‘Investment’ Scam
by Karl Denninger Market-Ticker.org
Anyone paying attention to NVDA?
Yes, they have nice chips. I have one of their graphics cards in my desktop. Nice board. So was its predecessor, also theirs.
That’s not the point.
The AI screamfest has been full-on now for a couple of years. The rage over “large language models” (e.g. ChatGPT and similar) is in every column, every piece on CNBC and elsewhere.
The problem, as with all tech hype, isn’t “does it work.”
It is can you make money at it?