New details reveal that former NVIDIA CEO Jensen Huang used circular financing to fund AI startups and absorb excess TSMC wafers and memory rather than letting GPU prices drop
The most “reasonable guy in the room” was the one who started this whole circular lending bullshit that has artificially inflated all the top tech stocks to absurd degrees. He was the guy providing the drugs that made all the other comp think they were invincible.
Make no mistake. Any person that has accrued $1Billion dollars, is a Bond Villian in my book, and literally everyone from you, me, and your grandparents’ pensions, will suffer for what is hopefully the last hurray of everyone trusting tech companies to lead our economy to some promised land.
I think the Liars that are lying without a real product service and business model, that just want to build their God machine, are measurably bigger assholes than the guy that built our gaming rigs for literally decades and actually architected ecosystems that valued open source, open software and services.
When I say the adults in the room, I mean he was the one person talking to that a****** in the White House, that wasn’t pushing the whole AI doomerism cult, he provided a level-headed voice in the cacophony of stupid.
And after all this, you know that he will be fine. While nvidia’s governance will suffer and the public will pay the price for everyone getting drunk off of the semiconductor Kool-Aid.
The most “reasonable guy in the room” was the one who started this whole circular lending bullshit that has artificially inflated all the top tech stocks to absurd degrees. He was the guy providing the drugs that made all the other comp think they were invincible.
Make no mistake. Any person that has accrued $1Billion dollars, is a Bond Villian in my book, and literally everyone from you, me, and your grandparents’ pensions, will suffer for what is hopefully the last hurray of everyone trusting tech companies to lead our economy to some promised land.
I think the Liars that are lying without a real product service and business model, that just want to build their God machine, are measurably bigger assholes than the guy that built our gaming rigs for literally decades and actually architected ecosystems that valued open source, open software and services.
When I say the adults in the room, I mean he was the one person talking to that a****** in the White House, that wasn’t pushing the whole AI doomerism cult, he provided a level-headed voice in the cacophony of stupid.
And after all this, you know that he will be fine. While nvidia’s governance will suffer and the public will pay the price for everyone getting drunk off of the semiconductor Kool-Aid.