This is a weekly chart of Nvidia from 2023 to 2024. During that period, the stock dropped from $95 to $75 in just two weeks. How would you defend the idea that a major correction wouldn’t have happened back in 2023–2024? Would you have expected a correction at that time? After all, given a long enough timescale, corrections are inevitable.
I don’t know how to start a reply to you. Because Nvidia stock dipped for two weeks in the past there’s no chance we’re due a massive correction? Makes so sense whatsoever.
Nvidia’s stock price is not the start and end of AI investments. OpenAI is losing over $11bn a quarter. More than they were losing in 2023, and debt accumulates over time. Reality will snap in eventually when investors realize their promised future isn’t coming any time soon. Nvidia’s valuation is in large part due to the money OpenAI and others are giving it right now. What do you think will happen when that money goes away?
For context 11bn in revenue is 3% of Googles annually. Chat gpt has something like 800 million users. It's completely plausible that they'll fizzle. It's also completely plausible they eat Google or facebook and 11bn becomes nothing to them.
I am also getting annoyed at AI. In the last some days, more and more total garbage AI videos have been swarming youtube. This is a waste of my time, because what I see is no longer real but a fabrication. It never happened.
Think of it this way: Given any company in the world to invest that money, do you think it's best invested in your company or some other? Because if there's another one (eg nvidia, apple etc) then you should take the money out and move it into stocks in that one
I don’t think anyone really knows the answer yet. UK law has much looser standards for copyrightability than US law - UK law accepts the “sweat of the brow” doctrine - mere human effort is enough to create copyright, even if it lacks any significant creative element-under UK law, a transcriptionist transcribing an audio recording creates a new copyright in the transcription separate from the copyright in the audio itself; US law does not consider a mere verbatim transcription to be sufficiently original to create a new copyright. But, will UK judges extend “sweat of the brow” to include AI sweat as well as human sweat? My gut feel is probably “yes”, but I’m not aware of any case law on the topic yet. A complicating factor is there are a lot of wealthy vested interests who are going to be pushing for the law in this area to evolve in a way which suits them - both in the courts and in Parliament - so the law might not evolve in the way you’d expect if judges were just left to logically extend existing precedents.
Even in the US, I think the situation is complex. If I prompt an LLM to edit a copyrighted human-written text, the LLM output is going to be copyrighted, because even if the LLM’s changes aren’t copyrightable, the underlying text is. And what happens if an LLM proposes edits, and then a human uses their own judgement to decide which LLM edits to accept and which not to? That act of human judgement might provide grounds for copyrightability which weren’t present in the raw LLM output.
The attention of humans got ruined with later generations. The generation before us were a different level of skilled, and it's hard as a millenial (me) and gen z to get close to them.
Commenting with this self-superior attitude is what you're spending your limited time on earth doing, have a little joy in your life or at least leave people who are alone.
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