Joe Cooper on Nostr: I've had hunches about the general direction of tech in the past. I've been right ...
I've had hunches about the general direction of tech in the past. I've been right more often than not (though not often able to capitalize on it). I think we're on the verge of a crash.
AI is a hail Mary pass. They know it doesn't work all that well, and has pretty limited utility. And, they know AI can't improve all that much. But, they need to goose the stock with something. They need a story that convinces people there's still huge growth ahead. Merely "profitable" cannot justify their P/E.
AI is a hail Mary pass. They know it doesn't work all that well, and has pretty limited utility. And, they know AI can't improve all that much. But, they need to goose the stock with something. They need a story that convinces people there's still huge growth ahead. Merely "profitable" cannot justify their P/E.