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An AI Crash and does it effect you? #8638432
7 hours ago
7 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
If you haven't been following some people are saying that AI is going to take a hit. They are saying this b/c whatever company took loans to support kicking off their company leading in AI. The people loaning that money are seeing that those large companies are losing money or about to start losing money and are wondering how they are going to get their money back. i.e. what if Big Company X borrowed a quatrabillion dollars to be a leader in AI but their company is starting to lose money and having the AI they do have now isn't increasing their profits, they are actually going negative.

Anyway thats what some people are saying. The people that are saying it are also saying hey please realize that some of these funds that people just sit on and hold to forget about and collect money (i.e. the old way of investing) are at risk b/c those funds are heavy in these big companies, that might take a hit. Thats what some people are saying. I don't know how this effects you or what you should do but google around and see what you think.

In a paraphrased Nvidia example... Nvidia borrows money, and they say hey Nvidia customer Z you should invest in AI, here is some money b/c were partners, then customer Z takes the Nvidia $ and says hey thanks... here Nvidia this is an order for the new AI chips we need (and gives them their own money back, which Nvidia reports as "chip sales").

Anwyay thats what some people are saying if you haven't heard. Google around and see what you think if this is news to you if you like. Im sure there are other sides of the issue to learn about but you should at least know this is going on (if you don't and maybe I shouldn't assume you don't but I'm guessing someone on here somewhere hasn't heard this.) Thanks.


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Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638440
6 hours ago
6 hours ago
Joined: Feb 2015
Iowa
T
trapdog1 Offline
trapper
trapdog1  Offline
trapper
T

Joined: Feb 2015
Iowa
There is no way our government is going to let big tech companies fail, and they know it. Taxpayer funding for them is coming, if it hasn't already started. There will be no AI crash.


American Karens - not a fan
Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638441
6 hours ago
6 hours ago
Joined: Dec 2006
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Rodney,Ohio
There's certainly some over leveraging out there. But like all new industries there's eventually going to be a crash and the weak companies will go away and the strong will survive.



Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638445
6 hours ago
6 hours ago
Joined: Nov 2010
USA-WI
K
Kre Offline
trapper
Kre  Offline
trapper
K

Joined: Nov 2010
USA-WI
The beauty of this Nasdaq correction is that all the dividend stocks in my Roth are jamming....as the rotation from Nasdaq to safer, more traditional stocks.

Re: An AI Crash and does it effect you? [Re: trapdog1] #8638457
5 hours ago
5 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Maybe I shouldn't have used "crash". I didn't mean go out of business, I meant their stock take a significant (double digit percentage) hit.

Originally Posted by trapdog1
There is no way our government is going to let big tech companies fail, and they know it. Taxpayer funding for them is coming, if it hasn't already started. There will be no AI crash.


Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638460
5 hours ago
5 hours ago
Joined: Jan 2012
Ohio, 48yo
OhioBoy Online content OP
trapper
OhioBoy  Online Content OP
trapper

Joined: Jan 2012
Ohio, 48yo
Not a tip just a headline for you to investigate to see if you are interested.

You could have bought NSC (a railroad stock) this morning for 338. (boring railroad, not AI)

Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638481
4 hours ago
4 hours ago
Joined: Jan 2008
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Alaska and Washington State
This always happens with over capitalized, new industries, it will all come out in the wash.
For better or for worse, AI is going to be sticking around, "they" will know you better than you know yourself.


"My life is better than your vacation"
Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638485
4 hours ago
4 hours ago
Joined: Feb 2015
Iowa
T
trapdog1 Offline
trapper
trapdog1  Offline
trapper
T

Joined: Feb 2015
Iowa
Originally Posted by OhioBoy
Maybe I shouldn't have used "crash". I didn't mean go out of business, I meant their stock take a significant (double digit percentage) hit.

Originally Posted by trapdog1
There is no way our government is going to let big tech companies fail, and they know it. Taxpayer funding for them is coming, if it hasn't already started. There will be no AI crash.


Sorry, my misunderstanding.


American Karens - not a fan
Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638487
4 hours ago
4 hours ago
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Indiana
Stocks droping is just a buying opportunity. Nothing to get worked about rather something to look forward to.

Re: An AI Crash and does it effect you? [Re: Providence Farm] #8638513
3 hours ago
3 hours ago
Joined: Jan 2008
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Alaska and Washington State
Originally Posted by Providence Farm
Stocks droping is just a buying opportunity. Nothing to get worked about rather something to look forward to.

But in this field there will be some permanent losers. Remember the Dot.Com bust of 2000? Or whenever that was.


"My life is better than your vacation"
Re: An AI Crash and does it effect you? [Re: OhioBoy] #8638531
2 hours ago
2 hours ago
Joined: Apr 2009
South Ga - Almost Florida
Swamp Wolf Offline
trapper
Swamp Wolf  Offline
trapper

Joined: Apr 2009
South Ga - Almost Florida
AI and all phones and internet could go down...forever.....be OK with me.

Grew up without any of that. Life will continue.


Thank God For Your Blessings!
Taste Your Words Before You Spit Them Out!

Resource Protection Service

Re: An AI Crash and does it effect you? [Re: waggler] #8638534
2 hours ago
2 hours ago
Joined: Mar 2007
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
McGrath, AK
Originally Posted by waggler
Originally Posted by Providence Farm
Stocks droping is just a buying opportunity. Nothing to get worked about rather something to look forward to.

But in this field there will be some permanent losers. Remember the Dot.Com bust of 2000? Or whenever that was.



I have to agree but that's what allows progress.
Creative destruction is what it's all about. IMO

Remember Sears, Polaroid, Xerox, Woolworth, Netscape, et al ?


Mean As Nails
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