The market can stay irrational, yadda yadda. Also, Nvidia and Microsoft know they’re the major pillars of the bubble (M$ being the single largest backer of OpenAI) ones that have the most to lose, so they have to keep the illusion going to keep their stocks from nosediving and, more importantly, to keep lawyers and prosecutors off their backs.
We’ve been saying that for a long time now. Still going strong, even though I would personally love to see it burst and we can get back to normal.
The market can stay irrational, yadda yadda. Also, Nvidia and Microsoft know they’re the major pillars of the bubble (M$ being the single largest backer of OpenAI) ones that have the most to lose, so they have to keep the illusion going to keep their stocks from nosediving and, more importantly, to keep lawyers and prosecutors off their backs.