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fred_is_fredtoday at 6:17 PM1 replyview on HN

Railroads, e-commerce, and AI - all useful, all were (or may be) credit/stock bubbles. Railroads however have a much better depreciation schedule than GPUs.


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tootietoday at 6:28 PM

He isn't arguing that AI is useless. Only that Nvidia is propping up a massive financial deck of cards and that all the giant numbers being tossed around are fantasies.

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