Peter Thiel sells his Nvidia and Tesla shares. Sign of things to come?

[RedCloakBlackWraithe]

better offline pusssy

 

[the bossman]

Rarely do you see big players like this exit out of an entire position. You take some off to cash in winnings, but exit an entire position is generally not a good sign.

Thiel exited Facebook completely after the IPO back in 2012. He also dumped all his own Palantir shares last year. He's not the average investor.

Also Softbank exited to then put money into OpenAI. They're not exiting out of the AI industry completely.

These clickbait articles never tell the full story because it doesn't sound as dramatic.

 

[Swing]

Isnt that gay autistic robot mentioned in the Epstein files?

He getting the fukk outta dodge

 

[Sir ZDuke]

It could be a million things, he could be rebalancing his portfolio so he’s not overexposed to AI, he could be selling lower basis stock, high net worth individuals sell/ gift low basis stock at the end of the year for taxation purposes. Can’t just jump to conclusions based on this imo

 

[Wiseborn]

It’s funny because Burry underperformed the S&P500 index funds.

Meaning if people simply bought QQQ over the last few years they would’ve killed his profits these over the same time.

Yeah it just seems like Burry saw something that no one saw ONE TIME and went all in and it worked, That doesn't meani he's some kind Financial sage or Quant genius.

 

[Wiseborn]

Isnt that gay autistic robot mentioned in the Epstein files?

He getting the fukk outta dodge

It ain't epstein the whole billionaire class was locked in with him so number 1 that shyt ain't really coming out and if it did all of them knew at least so nothing would happen to them collectively.

I think he just sees the same bubble that everyone else is predicting and selling a taking profits and will reinvest when the bubble pops.

 

[jadillac]

AI will mainly be Google, Microsoft, and OpenAI. They will dominate because they can afford the energy costs and integrate their AI into all their products, phones etc. Others will die out or be super niche

Meta and Apple will continue to play on a smaller level.

 

[Piff Perkins]

AI will mainly be Google, Microsoft, and OpenAI. They will dominate because they can afford the energy costs and integrate their AI into all their products, phones etc. Others will die out or be super niche

Meta and Apple will continue to play on a smaller level.

I agree except for OpenAI, who I think will implode unless government takes them over. As in we create a Department Of Technology, or just fold it into DOD.

I also think MS/Google/etc will scale their AI advancement down because it's not worth the cost. The best utilization is what they're doing now: search results, entertainment, business tools, etc. Trying to hit mythic AGI levels is something government will take over IMO.

 

[Nkrumah Was Right]

All you guys who invested in tech stocks - you don't remember the Dot.com boom and bust?

 

[2 Up 2 Down]

 

[Art Barr]

They had a big more than slight crash for nvidia. they don't talk about. After the exposal of those russian hackers who ruined rhe stock market. Plus were exposed by their own group chat for being such trash at trading. They openly said no one can be good at stocks or make money. If they were not manipulating the market. even when they failed outside of their manipulation to cover it up. Which is how they got caught.

The whole stock market being on bullshyt and trying to mount this fake ass comeback. Sohh this may be telling.

fukk all this money making white man bullshyt.
It is a lie.

Give us our fukkin reparations ... chu crackers.

Art Barr

 

[Ghost Utmost]

AI is very dope in ways.

Google search was the first stab at having a computer assist you in very helpful ways that can't be done otherwise. Also, GPS navigation applications. Opened the world up in ways that makes your bubble of perception 1000x larger.

The best usage of AI in my life have to do with Google search type endeavors. I need instructions on how to connect a printer to wi Fi that doesn't have a robust enough screen or buttons.

Gemini sums it up for me at the top of the page. Gives me links to the sites its pulling from. Saves mad time from pouring through Reddit threads and YouTube tutorials.

My guilty pleasure is asking Gemini complex scientifical and philosophical questions. Deep shlt that I be wondering about.

It's scary how intuitive and sharp it is. Essentially it compiles all the literature on the subject in a way that's easy to follow.

I HATE AI "art". I allow it for YouTube thumbnails and little shyt that the average person would struggle to render, but a vid or a song made by AI doesn't make me feel anything positive. I like art cause the artist has done something dope. I marvel at their technique.