Josh Johnson
👤 SpeakerAppearances Over Time
Podcast Appearances
We are in a bubble.
We're in a bubble of some sort that will pop at some time.
Or we're in an AI bubble.
Of course.
That prepubescent old man is wrong.
It's not a bubble.
All that's happening is the three biggest players in the AI world have created a circular flow of deals worth billions.
NVIDIA invests in OpenAI, who turns around and invests in cloud computing from Oracle, who then reaches around to NVIDIA to buy chips.
These contracts jack up their stock prices and... Oh, wait, now I see.
So this is the most expensive circle joke of all time.
I can't be poor.
But Peter says if AI actually delivers on his promises, things could get even worse.
Okay, okay, stop, stop, stop.
I don't care about any of this.
Capitalism is killing us.
Well, are you on the plane watching my movie and not remembering I was in it?
Because then, yes, I would like that plane to crash.
Right, that's fine.
I can live with that.
Man, you scared me for a second.