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I think the AI pause is just another grift
(lemmy.world)
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this post was submitted on 21 Sep 2026
267 points (99.6% liked)
Fuck AI
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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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I seriously was going to sell my Nvidia stock thinking the signs are here, but when I thought about it... They might drop a bit but they'll recover strong probably. They were a profitable business before this.
(This is not investment advice just one Rando's opinion on the Internet). Nvidia will not go bankrupt after this, but their current (IMO, inflated) valuation is based on the assumption that their sales will continue to grow at current rates.
If the demand drops out and the market is flooded with surplus stock, their sales will not maintain current levels, which will spook investors. They should have more than enough cash on hand to weather a pretty big storm, and likely maintain their market lead but their stock price is not immune to the bubble burst.