<< There is no 'AI', that is always only hype. There is machine learning, which is a very powerful technology
I agree with you on the technical aspect, but the distinction makes regular people eyes glaze over within 5 seconds of that explanation. AI as a label for this is here to stay the same way cyber stopped meaning text sex of IRC. The people have spoken.
<< MSFT is highly overvalued.
Yes, but so is NVDA, the entire stock exchange and US real estate market. We are obviously due for a major correction and have been for a while. As in, I actually moved stuff around in my 401k to soften the blow in that event 2 years ago now. edit: yes, I am a little miffed I missed out on that ride.
So far, everything was done to prevent hard crash and in the election year, that is unlikely to change. Now after the election, that is another story altogether.
<< I doubt MSFT will be leading that revolution.
I think I agree. I remain mildly hopeful that the open model approach is the way.
You should stop trying to predict the next crash. According to the study, most people (including institutional investors) consistently believe there is a >10% chance the market will crash in the next 6 months when historically the probability is only 1%
<< You should stop trying to predict the next crash.
Hmm? No. I will attempt to secure my own financial interest.
<< According to the study, most people (including institutional investors) consistently believe there is a >10% chance the market will crash in the next 6 months when historically the probability is only 1%
Historically is doing a fair amount of work here. I would argue there is little historical value to the data we face. Over the past few decades we went through through several mini revolutions ( industrial, information and whatever they end up calling now ) in terms of how we work, eat, communicate and, well, live.
All of these have upended how humans interact with the world effectively changing the calculus on the data that preceding it if not nullifying it altogether in some ways.
Your argument is to stop worrying since you are likely wrong anyway, by a factor of 10. I am saying is 1935 people also thought they have time to ride the wave.
My brain goes there too, but the other part of my brain says "line always goes up." The richest among us are heavy owners of stocks, and this country does everything it can to keep those numbers up. Look at that insane COVID V-shaped recovery that happened. That's just not a real/natural market reaction in my book.
The worst part is that I get the need to do something to rein it in, but I get the feeling it will, as always, not be the actual rich ( owns color blue rich level ), who will suffer from those plans. There are less and less moves the government has as time progresses.
I agree with you on the technical aspect, but the distinction makes regular people eyes glaze over within 5 seconds of that explanation. AI as a label for this is here to stay the same way cyber stopped meaning text sex of IRC. The people have spoken.
<< MSFT is highly overvalued.
Yes, but so is NVDA, the entire stock exchange and US real estate market. We are obviously due for a major correction and have been for a while. As in, I actually moved stuff around in my 401k to soften the blow in that event 2 years ago now. edit: yes, I am a little miffed I missed out on that ride.
So far, everything was done to prevent hard crash and in the election year, that is unlikely to change. Now after the election, that is another story altogether.
<< I doubt MSFT will be leading that revolution.
I think I agree. I remain mildly hopeful that the open model approach is the way.