Comment by Turfie
Thanks for the insights. The 'podcasting bro' bit is hilarious.
I don't think demand will collapse though, since the Mag7 has the cash flow to spend, and they can monetize if the time's ripe.
What do you think?
Thanks for the insights. The 'podcasting bro' bit is hilarious.
I don't think demand will collapse though, since the Mag7 has the cash flow to spend, and they can monetize if the time's ripe.
What do you think?
I started working during the dot com boom. I was getting 3 phone calls a week from recruiters on my work telephone number. Then I saw the bubble burst in from mid-2000. In 2001 zero recruiters called me. I hated my job after the reorg and it took me 10 months to find a new one.
I know a lot of people in the 45+ age range including many working on AI accelerators. We all think this is a bubble. The AI companies are not profitable right now for the prices they charge. There are a bunch of articles on this. If they raise prices too quickly to become profitable then demand will collapse. Eventually investors will want a return on their investment. I made a joke that we haven't reached the Pets.com phase of the bubble yet.