Oct. 24 at 6:52 PM
$NVDA $SPY No one liked this..... 😄😂. Excellent data 👌
So those that follow me know I am a staunch contrarian often to a fault. ( First step is admitting you have a problem ha!).
If we are in an infinite demand loop for GPUs then rental prices don't fall. Additionally, private credit has used leverage to build out data centers to ride the wave. So this idea of AI built on free cash flows only is not true.
$BLK and
$KKR have funds that have been pouring in billions. Along with coreweave and the others.
Note where
$DLR sits at......
I do recognize that AI will has beneficial components that we are already seeing today and more to come. An augmentation of workflows.
The problem with AI as I see it is the following. When I use a calculator I get the same result everytime. When you use an LLM thats not true.
