AI Bubble Now Worse Than Dot Com Bubble (Here’s Why)

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Cameron Long

Cameron Long

Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.

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41 Comments

  1. AI has performed surprisingly well at sucking the get-rich-quick hype out of VR, quadcopters, and NFT’s.

    1. 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

  2. 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.

    1. 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.

    2. 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.

  3. 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.

  4. 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.

  5. 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.

    1. 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

  6. 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.

  7. 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.

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