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Brother George! A wise and wealthy, GOOD man!!
Indeed
The Amish never have a problem finding a job
They figured it out 100 years ago.
So what your telling me is the Government will be subsidizing A.I in the future
The government is Nvidia Tesla Facebook ECT
You haven’t figured this out yet
And tesla
Head and shoulders, knees and toes. Knees and toes.
George your humor shines on the white board.
AI is going to be a Dumpster fire 😂 I’m all in on physical precious metals. Thanks George
Make sure you hold the physical gold
have fun getting your money back in 30 years
Safe play but not all companies only half and his dots don’t connect
Precious metals and gold only keep up with inflation. They are not investments at all.
@@mercury13 “only” half?
When George laughs: “Ha 💸 ha 💸 ha 💸”
Private island laugh
I love his laugh. It’s great. 😊
AI has performed surprisingly well at sucking the get-rich-quick hype out of VR, quadcopters, and NFT’s.
This is why my portfolio leans toward value and dividend growth with a moderate covered call overlay. I’m not chasing home runs, just aiming to stay in the game. Having Whitney Kay Stacy , CFA walk me through this approach gave me a lot more confidence. Worth looking her up if you want thoughtful guidance that prioritizes consistency over hype
The Biden moment, hahahaaaa. Love your videos very informative and fun to watch.
I got an NVIDIA ad while watching this video lol.
Love the “George chuckle.”
❤❤❤❤❤❤😅
If Joe JR asked AI what he should study, It would say plumbing.
agreed
Fake it till you make it. Its also called fraud.
The whole thing is fraud and ponzi
I am a Wharton Grad and an ex Goldman Sachs Quant. I have exactly the same view. However one difference, AI is useful only if you have a real productive economy making real goods. You cant have unsustainable fiscal and trade deficit and limited real wealth creation and hope AI will substitute. The rating agencies are way off.
Its all they have left to sell to the market and retail that AI is going to make all these unproductive leveraged corporations profitable again. All they are doing is expanding the leverage to make the collapse even bigger.
Don’t forget t the job losses from it. We haven’t even seen the ultimate impact from ai. And the gdp numbers are complete bs.
@@MarioLuigi-vb3rpabsolutely. However as a software engineer, I think it’s way over hyped.
@@micahtyler8415totally agreed.
What’s your take on the timing of this?
Caught a showcase of SORA 2 videos mimicking big video games. The first was the original Doom, and it had the look down really well. Outside the blaring copyright problems there, it had me wondering about how much processing power was used to create that video. Read that video generation computational costs quadruple when the video duration doubles.
The original doom ran on a 486 processor and people have ported it to everything from calculators to Kindles. The five second SORA video mimicking that game had to use a buttload of compute. It seems worse than pointless. Our energy bills are skyrocketing to power this technology and the vast majority of uses are just slop.
Between Nvidia’s $100 billion investment in Open AI and Oracle’s $300 billion deal with them, we are at peak bubble. It is just a circle of spending to bump their stocks. Nvidia gave Open AI $100 billion so Open AI can give Oracle that money to stock Data Centers with GPUs they will buy from Nvidia.
I believe we are in for that last David Hunter mega meltup through at least the end of the year. But when the top is in, the initial drop will make March 2020 look like a minor pullback.
Look at how much gold, gold miners and silver have outperformed the stock market for well over a year. The mainstream media/financial media and advisors act like they don’t even exist. That’s no coincidence.
This is why my portfolio leans toward value and dividend growth with a moderate covered call overlay. I’m not chasing home runs, just aiming to stay in the game. Having Whitney Kay Stacy, CFA walk me through this approach gave me a lot more confidence. Worth looking her up if you want thoughtful guidance that prioritizes consistency over hype
All assets of every kind are in a bubble.
I’m an advisor and my largest positions are gold, silver, and recently miners.
Ai is here to serve the puppet masters and not the people that will be replaced. It’s why Ai, data grabbing/surveillance, biometrics, uranium/nuclear, quantum computing related investments have all soared, to power the coming beast system that will dehumanize and enslave all in it.
It’s always helpful to scroll back to a channel’s videos from the past. If I listened to this guy in 2022 I would have missed one of the greatest stock market runs in history. Yes, the stock market was on the brink of collapse then too apparently. This guy’s content never changes. Stock crash, inflation around the corner, dollar about to collapse and gold to the moon. Not saying it’s not possible, just be aware that this guy says the exact same things no matter the current circumstances. Apparently, nothing ever affects his forecast. Just sayin’… good luck folks.
You can short Nivida by buying symbol NVD long.