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Brett Sheffield (he/him)
@dentangle@chaos.social  ·  activity timestamp 6 days ago

Just in case you've not been paying attention or aren't clear about the magnitude of the #AI #LLM bubble that's about to pop...

NVIDIA market cap:

2023-05-30 US$1 trillion
2024-02-23 US$2 trillion
2024-06-05 US$3 trillion
2025-07-09 US$4 trillion
2025-10-29 US$5 trillion

Money has no meaning any more.

This is going to make the 2008 financial crisis look tiny in comparison, and we still haven't recovered from that.

It's going to hurt.

https://en.wikipedia.org/wiki/Great_Depression

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Brett Sheffield (he/him)
@dentangle@chaos.social replied  ·  activity timestamp 5 days ago

"Nvidia's value now exceeds the GDP of every country except the US and China, according to data from the World Bank, and is higher than entire sectors of the S&P 500."

https://www.bbc.com/news/articles/cp8e970vn5vo

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BenBen
@BenBen@chaos.social replied  ·  activity timestamp 5 days ago

@dentangle chatgpt, please explain a bubble by example…

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