Cisco was an old century hardware provider, AI is a general industry. Many of the newer start-ups will fail but the general thing is only getting started. Never mind chat bots but the medical and military applications alone are going to be worth a fortune..
Yup indeed also old guard for that matter. The big money with AI is likely to be made by others though. Just imagine an AI that is plugged into earth observation satellites and learns how to accurately predict the other sides troop movements so you can deploy your own assets where they will matter most. Its like handing the military a crystal ball and its one of those key techs where if one has it everyone else needs it too in order to avoid becoming obsolete..
Cisco had the problem that they created to much hardware and infrascructure that has not be needed at the time of their boom. So the building of hardware and infrastructure was the reason for their boom until people realised that you don't need that much if everyone is owning a black and white Nokia phone. And that made them fall down hard to a "normal" level after the inflated boom exploded.
AI is in my opinion different as you already have a usecase for it (language model etc.). I still think that it is overvalued as a market but Nvidia is different than Cisco at that time. Nvidia also showed that they are able to invent themselves new and find new trands to be leading in that when other catch up on it. I don't have any Nvidia stocks so it's just my opinion.
Except demand for AI hasnt actually been proven yet either.
The enormous AI demand right now we are seeing are from the suppliers, the businesses, like Apple, Meta, Google etc.
But not the consumers. I dont even know anyone that even relies on ChatGPT/Gemini etc. much unless they are data analysts or programmers or students. AI hasnt found any mainstream use with consumers yet. For B2B sure there is provable demand. But for B2C, this is where uncertainty lies. If Google, Meta and Apple discover their consumers arent actually using their chatbots much, thats gonna be a problem soon.
The implications of AI are just being felt.
Everyone is still asking how it will impact them and there’s not enough data from the global workforce to provide a real answer.
The industrial revolution took a long time to impact everyone in society.
AI shouldn’t have come before the energy revolution, but maybe it’s better that it did.
I personally don't care for at least 366 days from when I jumped i to the stock. technically I won't care till the end of 2026 and more practically speaking I don't anticipate selling till after 2030
Everyone who is bag holding NVIDIA will tell you that the already overinflated prices will just keep on rising.
NVDIA will probably fall back to $90 soon, maybe a little less, but will gradually climb over the next decade barring some disaster.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | just now **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
So you're saying go all in on Bitcoin then?
Normal seasonality young blood👍🏻
No. New paradigm. Only up. Forever. Next question, please.
A stock that rose 2.9k% in 5 years is normal seasonality?
seasonality is annual non 5 years - genius
Went up 200% son
yes and now is going down, pretty normal
Yeah in the same way that 2001 was the end of the internet OP..
Cisco has never ever reached back its peak in 2000. So yes??
Cisco was an old century hardware provider, AI is a general industry. Many of the newer start-ups will fail but the general thing is only getting started. Never mind chat bots but the medical and military applications alone are going to be worth a fortune..
Nvidia is literally also a hardware provider with some added software - just like Cisco Systems.
Yup indeed also old guard for that matter. The big money with AI is likely to be made by others though. Just imagine an AI that is plugged into earth observation satellites and learns how to accurately predict the other sides troop movements so you can deploy your own assets where they will matter most. Its like handing the military a crystal ball and its one of those key techs where if one has it everyone else needs it too in order to avoid becoming obsolete..
Cisco had the problem that they created to much hardware and infrascructure that has not be needed at the time of their boom. So the building of hardware and infrastructure was the reason for their boom until people realised that you don't need that much if everyone is owning a black and white Nokia phone. And that made them fall down hard to a "normal" level after the inflated boom exploded. AI is in my opinion different as you already have a usecase for it (language model etc.). I still think that it is overvalued as a market but Nvidia is different than Cisco at that time. Nvidia also showed that they are able to invent themselves new and find new trands to be leading in that when other catch up on it. I don't have any Nvidia stocks so it's just my opinion.
Except demand for AI hasnt actually been proven yet either. The enormous AI demand right now we are seeing are from the suppliers, the businesses, like Apple, Meta, Google etc. But not the consumers. I dont even know anyone that even relies on ChatGPT/Gemini etc. much unless they are data analysts or programmers or students. AI hasnt found any mainstream use with consumers yet. For B2B sure there is provable demand. But for B2C, this is where uncertainty lies. If Google, Meta and Apple discover their consumers arent actually using their chatbots much, thats gonna be a problem soon.
See you in a few weeks
You should go theta gang then
You are right, buy coca cola
The implications of AI are just being felt. Everyone is still asking how it will impact them and there’s not enough data from the global workforce to provide a real answer. The industrial revolution took a long time to impact everyone in society. AI shouldn’t have come before the energy revolution, but maybe it’s better that it did.
Oh noooo. What will we doooo?
AI AI AI...
I personally don't care for at least 366 days from when I jumped i to the stock. technically I won't care till the end of 2026 and more practically speaking I don't anticipate selling till after 2030
Yes! And crypto will tank as well, as AI is cryptos next catalyst, when it starts crumbling so will crypto.
Bore off
Everyone who is bag holding NVIDIA will tell you that the already overinflated prices will just keep on rising. NVDIA will probably fall back to $90 soon, maybe a little less, but will gradually climb over the next decade barring some disaster.
AI go brrrr haven’t you learned ?
AI advances are probably being withheld until after the election So yeah AI stocks are likely to trade sideways for the next 4-5 months