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In reply to the discussion: If You Have Investments in Anything Related to AI, Start Unloading Them. [View all]Sympthsical
(10,867 posts)63. We started getting into Nvidia about three years ago
My partner was messing with retirement things, and tech friends were telling us the boom was coming. Since I'm a gamer, I've been using Nvidia products for years, so I told my partner to go ahead (based on my video gaming knowledge, lol - I know nothing). But I know the cards are basically industry standard.
It's . . . going well.
I actually expect this valuation to readjust, but we're middle-aged and looking more towards 15-20 years until retirement. So, for now, whatever happens happens. Not going to panic sell if the bubble bursts. As long as they make hardware, it'll probably be fine long term.
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If You Have Investments in Anything Related to AI, Start Unloading Them. [View all]
MineralMan
Dec 15
OP
The problem is not with the product. The problem is the way the FINANCING of the product is structured.
3Hotdogs
Dec 15
#22
IBM and McDs couldn't make an AI menu system work consistently, I doubt others success
uponit7771
Dec 16
#54
... cause this time circular financing without organic income is different this time?
uponit7771
Dec 16
#61
While I understand your point, I believe AI is more in the over-promised stage similar to right before the Dot.com
artemisia1
Dec 15
#5
Same advice I always give: don't make financial decisions based on buy or sell advice from a DU poster.
onenote
Dec 15
#16
If I took investing advice here, I would have sold everything years ago and hid it in a mattress somewhere
MichMan
Dec 16
#52
The problem here isn't whether AI (I hate that name, its so false) will exist into the future, it will
Cheezoholic
Dec 15
#24
Yep, people coming out of Forest Gump likely thought they "missed the boat" with Apple in 1994
fujiyamasan
Dec 15
#30
I think for some of us in our forties we became particularly risk averse after the Great Recession
fujiyamasan
Dec 16
#66
The fake-looking generated art and chatbots are but a sliver of what AI is and can do
TheProle
Dec 15
#32
Remember how computers were going to reduce the amount of paperwork we suffered...
hunter
Dec 16
#51
Right now Fords engine doesn't work like they said it does, of course sell Ford
uponit7771
Dec 16
#57