alt Hacker News Jensen has created more shareholder value than nearly any human on earth.
I think the real risk for the economy, the AI industry, and the US is that Nvidia becomes JUST another company.
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But if this cycle stops and efficiency wins in the market (lower margins, more competitors, more options), then Nvidia goes back to where they were
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> B) surely we can see in hindsight that this is a pretty goofy metric for success...? Like, "shareholder value" isn't exactly what we need at this pivotal moment in the terran story.
In the slow evolution of the human race into the Ferengi, it is absolutely a milestone!
Neither did Elon. What’s the point of A?
Long term we want efficiency. The market is SUPER inefficient right now. People are buying GPUs and stacking them up in warehouses so that they get their allocation. Companies are taking retired jet engines, and turning them into very expensive generators. SoftBank just defaulted on a bunch of power generation orders (increased cost for everyone, but didn’t create the value). My point is that it will be a painful road to get to the efficient market which will likely be a recession because of a massive slow down in spending
> A) He never made a single product himself
This is demonstrably untrue. Jensen is an engineer through and through, and contributed significantly to Nvidia's early accelerators: from the NV1, at least to the earliest GeForces.