Ask HN: Let's all sell our AI stocks, short Nvidia and pop the AI bubble

Humans are better than AI.

7 points | by roschdal 2 hours ago

8 comments

  • FergusArgyll 1 hour ago
    At least AI is not depressed all the time and trying to make everyone lose their money
  • dmvjs 55 minutes ago
    you first
  • roschdal 1 hour ago
    the AI emperor is naked.
  • bigyabai 2 hours ago
    Shorting Nvidia this late into the game would just reward the people going long on the stock, perpetuating the bubble with your own hubris.
    • roschdal 2 hours ago
      Nvidia P/E ratio 34.47. should be 10.
      • bigyabai 1 hour ago
        It can get even higher.
        • roschdal 1 hour ago
          I can remain irrational far longer than AI stocks can pollute nature, pillage earth and cause drought and heat related fires.

          Today is the Terminator AI moment.

          • bigyabai 1 hour ago
            > I can remain irrational far longer than AI stocks can pollute nature

            AI, pollution, eminent domain and global warming will all outlast you.

            > Today is the Terminator AI moment.

            Try mid 1990s, the earliest deployment of autonomous-kill weapons like the Patriot System and CBU-97 SFW.

  • dieselgate 2 hours ago
    > Humans are better than AI. Sure.

    > sell our AI stocks... and pop the AI bubble

    Not sure it works that way, unfortunately. e.g. index funds

  • __patchbit__ 2 hours ago
    Routes. Resources. AI. Accelerated Infrastructure. What is there to not like?
  • JoshTriplett 2 hours ago
    Standing reminder: The market can remain irrational longer than you can remain solvent.
    • roschdal 2 hours ago
      My intuition tells me I am right about this one.
      • bigyabai 1 hour ago
        Your intuition has been telling you this same thing for years, now:

        https://news.ycombinator.com/item?id=45530497

        https://news.ycombinator.com/item?id=44203174

        https://news.ycombinator.com/item?id=41093016

        If you shorted Nvidia back when you started complaining, you would not be any richer or better-off today. I'm not an AI maxi, but you've let your own emotions poison your understanding of the AI market segment.

      • toomuchtodo 1 hour ago
        Grab a coffee with Leopold Aschenbrenner, ask how their experience with intuition went. You must be right, on time, and with sufficient capital behind you to win.
        • lesuorac 1 hour ago
          Arguable he had all 3. He was right about the market going up for AI, he was right about the years, and he had double-digit billions behind him.

          It's just there's no sufficient capital when you decide to re-leverage to 4x every time you can.

      • tanseydavid 1 hour ago
        Another standing reminder:

        LONG position: potential losses (FIXED), potential gains (INFINITE)

        SHORT position: potential losses (INFINITE), potential gains (FIXED)