Nvidia loses a cool $500B as market questions AI boom
https://www.theregister.com/2024/06/25/nvidia_share_price_drop/Open linkView original on lemmy.mlhttps://www.theregister.com/2024/06/25/nvidia_share_price_drop/Open linkView original on lemmy.mlhttps://www.theregister.com/2024/06/25/nvidia_share_price_drop/Open linkView original on lemmy.ml
AI is a scam.
My work just added "ai" that browsers our internal files.
All we ever wanted was a working internal search engine...
Ever try to craft a search engine? They're miraculously complex things these days and heavily dependant on the quality and differential of data they index. It's one of the leading reasons search across the board has declined (regardless if you look at Google, Bing, etc. Quality has gone down in testing.)
Ai is overhyped and poorly understood. It has legitimate uses, but they're not the ones advertised and hyped to the public and they're likely not going to be as valuable as the market believes, at least not for a long long time.
Oh good, Nvidia stock is
going to be10% off.It is now. Went from $140 to $118. Now it’s back up to $125.
All I'm seeing is an upward trending graph when I look at Robin Hood.
Change the range to one week.