Are AI companies overvalued?

[@P54P]

CNBC should really show the returns these fund managers have returned over the last 5-10 years before they just interview random fund managers/fund owners. They need to leave that data/chart on screen the whole time during the interview. That's "Street Cred".

[@usuario8245]

Hahaha nice!

[@simrans3675]

That will disqualify 90% of fund managers who cant beat the S&P index over 15+ yrs.....not good for CNBC, wall street, advertisers. Why would ya :-)?

[@WildCard42069]

Finally, someone saying the truth, I wish I could short private companies like open ai, Anthropic, and perplexity.

[@issiewizzie]

CEO replaced the term "big data" with the phrase "AI". The phrase this year from investors is "Show me the money".

[@FoundingFathersUSA]

If he’s right, he didn’t prove it here.

[@ScentlessSun]

Exactly

[@jackmasonen]

Agreed. He only put forward his sales pitch "my Lead Edge Capital is the best, come to us".

[@R4dr1ar]

Hard to prove something now that will only be able to be proven in the future...

[@TheWizard856]

He's right that it currently is not refined enough for wide adoption. It causes more manual processing to correct errors then it solves in my experience.

[@IBendy]

Probably few are overvalued.....but the whole AI is at the start of a financial and technology boom.

[@instantsus_]

lmao sure bud

[@3thinking]

Was Bitcoin overvalued at $1? We are in $1 era of AI.

[@doug6723]

I'd argue $1.57 cents..........$1.58.

[@simrans3675]

Bitcoin is still deeply misunderstood and deeply undervalued. See you much higher this coming decade :-)

[@TruthSeaker-t6q]

Finaly someone in comments that has the right analogy.

[@instantsus_]

yes it was

[@amarkmanpeters]

It’s early and he missed NVDA, PLTR, NOW, etc

[@DiFinni]

Palantir is no hype, no other company can do what they are doing now. He mentions Snowflake, they can't do everything that Palantir can do.

[@hammerandthewrench7924]

All AI is trash and hype, it doesn't work and never will. Cope

[@chrisadams27]

You just described what palantir can do

[@groseromedia]

I was about to say the same thing lol

[@DiFinni]

Love Palantir!

[@3thinking]

I would argue AI companies are MASSIVELY undervalued. Compared to where their stock prices will be in 10 years, they are practically free.

[@doug6723]

I agree. Of course some of the predictions about how these things will play out will be wrong. But there are other markets that will open up that people haven't even thought about. Who would have thought 20+ years ago an online book company would dominate retail.

[@danielgehrke859]

He's not wrong

[@babelfishdude]

AI is not just one company or technology. It is all of them. Will AI be pharmaceutical and find the cure for cancer? Will AI be automotive and find new ways to improve batteries and electric engines? Will AI create new ways to use software? Yes, and it will probably cook you dinner and drive you to work too. AI is probably severely undervalued right now, IMO.

[@TruthSeaker-t6q]

Also, it's not only 1, it's PLTR, AMZN, MSFT(OpenAI), Datadog, Snowflake, they are all making money, someone educate this clown please.

[@jackmasonen]

add Tesla, Pinterest, medical equipments & pharmaceutical companies to the list. This guy simply asserts his Sales pitch: "My Lead Edge Capital is the best, come to us".

[@jackmasonen]

This Mr alleged: Till now besides "entry-level white-collar jobs" , he had not seen significant revenue improvement based on AI. Then, he repeated his Sales pitch: "My Lead Edge Capital is the best, come to us" . What do you guys think ? is his observation accurate? Supposed if it were accurate, would the improvement stay at ""entry-level white-collar jobs" ?

[@skyak4493]

AIs proposition is like "Hey, instead of paying for a Rolex watch, pay us and you will see 100 or a thousand Rolex watches, each displaying a different time!" Making something un-scarce does nothing to increase value, and having 100 answers instead of one very good answer is not an improvement.

[@Tendomcgoobin]

What?

[@apophisxo4480]

@@Tendomcgoobin LOL!

[@doug6723]

You miss the point. Where you solving complex equations. Automation, robotics, self driving, drug making, there are millions of answers and variables. They have to be done instantaneously or you crash into someone else. One solution won't solve your problem because there are multiple problems to solve.

[@skyak4493]

@@doug6723 AI has been working on drug design and self driving cars for about a decade now. I see progress, but look how long it took to get where we are and how much money was invested AND WILL NEED TO BE INVESTED. My point is that ROI for AI is greatly exaggerated!

[@doug6723]

@@skyak4493 Uhhhh, I guess you haven't been paying attention to just how fast AI has come in just the past year. It's lightyears past where it was just two years ago. Nvidia has new chips 4x faster. You don't have to believe me. Give it just one year and you'll see.

[@WildCard42069]

First guy to speak the truth.

[@xxxs8309]

2021,there were companies selling at 40x sales,we don't have that now

[@briancase6180]

This guy obviously does not have access to the fundamentals that help you understand Nvidia and the industry. He's just ignoring the obvious. I'm tired of experts who cannot admit that they are unable to know what they are talking about. It's ok, no one knows everything, just admit it and let those who do tell you, make room for those who know. These guys know next to nothing but decide that their lack of knowledge means that there is a lack of information that's knowable. No, you just fail to look at the whole chain that (1) supplies Nvidia (hint: research what TSMC has said about advanced packaging that Nvidia relies on), (2) demands, buys Nvidia hardware (hint: research what the hyperscalers and sovereigns (e.g., Italy) have said), and (3) the companies that will deploy AI (inference is very unlike training). If it wants to, when it makes sense from a margin point of view, Nvidia will make Arm-based PC chips that will destroy Qualcomm's and anyone else's because Nvidia's PC chips will have a CUDA-compatible GPU on the chip. So, Nvidia will dominate not just the data-center market--although that would be enough to justify their valuation--but they will--if it makes sense--dominate the PC market too. Which is roughly equivalent in size. So, if you think Nvidia is overvalued, my friends, i encourage you to think again.

[@user-kg1od9es5d]

youre a fool. nobody is building great AI products or close to it. Nvidia's products are dud - waste of money. fyi I am a product guy with an understanding of the LLM space.

[@pig_vig5497]

Because his company hasn't adopted it yet, right!

[@adhirajmukherjee8455]

he makes a lot of sense!

[@ericj55]

Net revenue retention is spot on.

[@mellarx1277]

Sigh...another fund manager. Giving them "fund managers, experts, analysts..." the platform to voice whatever they say is a shame. A very simple research is all you need. For example, NVDA, 5 years ago it was in the $40s for a LEADER in GPU, just a gaming card company at that time. So, the question at that time was, is it just a gaming card company? Where is it headed was the question at that time. Then came bit mining, why? Faster processing power, ah, now that's something. A little research, what is the company's milestone? Goal? Faster processing power, ah, data center. 5 years later, AI. NVDA now at $1,140s. Just the beginning of AI. Main customers Google, Amazon, Meta, Microsoft. Now, Tesla. These are just tech customers. We're not even talking about sovereign AI. One country alone could buy them all GPUs if allowed. What's next? How about industries like, health care, finance, agriculture, utilities, safety, security...so many yet so few GPUs. That's why Jensen Huang said, "the demand is so strong." What's next? How about quantum computing? There's just not enough GPUs, even if competition goes on full processing power, pun intended. This is just a little research, no need for them "experts, analysts, fund managers..."

[@travismrkvicka8217]

Palantir and Uipath- why is he so clueless?

[@rafaelg.9962]

I did understand his reasoning

[@anto11434]

Yes, he is right

[@doug6723]

When the heads of the largest most successful companies push their chips to the middle of the table and say "all in!" I'm going to back them. Not some dude I've never heard of with a bad haircut. But that's just me

[@nicholas5396]

Sounds like this guy needs to talk to Palantir..

[@spatty2589]

Tom Lee would be able to answer these stupid questions because he studies the history of the market. The stock market is on a roll and for every good news story they find the 1 doubting Thomas who just speculates. It is all a game of strategy but just go with the flow. But I guess he has to justify his losses.

[@wojciechuszcz6955]

#KARRAT business partner with #NVIDIA massive pump around the corner 💥💥💥💥 soon 50$ for one coin 🚀🚀🚀🚀🚀 #KARRAT project number one definitely soon massive blast 🌋🌋🌋🎉🎉🎉

[@RichardMitchell-nk9ec]

Why would ai work on stocks when stocks are based on the randomness of the chemicals of humanity

[@Stephendenham]

For dinner he had steak with a side of GPS?

[@MarvinFontanilla]

If this guy can get rich, than anyone can. He's saying a lot of big words, but like a bag of Doritos, it's all air.

[@musiccreation1198]

Nope. Stocks overbought by 5-10%? Likely, but it ain't 1999. It's 1995 on STEROIDS.

[@RichardMitchell-nk9ec]

Then i cam just sit at home and play and make video games or build a robot to make video games for me or even build one to make them for me

[@Elizabeth-uz7wm]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@arranmacdonald6897]

The man speaks sense. Finally, someone who doesn't have their whole net worth in NVIDIA trying to pump it to the moon.

[@ostentatioussavant8215]

He believes in NVDA, he just doesn't believe in the software side at this point.

[@George-f8h]

He is skeptical of "AI" companies that don't have an actual product, not making profits, or have products that customers don't return to. Nvidia does not fit that description.

[@GenomiMontavani]

He makes valid points but also feels to me like he has narrow vision of its application, mostly talking about consulting and schmoozing high wealth investors.. the reality is AI of today can completely transform spaces like online shopping, creative production, education, etc. -- and as with any technology, we have to look at it more like where it is now, how quickly it's evolved, and what that evolution will mean in the near and long term. ChatGPT was niche a year ago and now it's working on GPT5 and grandma's are using it to create recipes and do self-diagnosis of symptoms, if you don't see how quickly we're heading into a horizon no one can truly see clearly yet, you're not paying attention.

[@R1D1CK69]

is it bad to invest in good company?

[@doug6723]

I'll see you in a few years when the stock is up another 200%. I remember a financial advisor telling me when FB went public. "This will never work" Or Amazon, or Google. Nvidia won't keep up this growth but they've been great at pivoting and reinventing themselves time and time again. Gaming, then bitcoin mining, then self driving, now datacenter, and AI. They've crushed it and will continue to do so. It just won't be in a linear arc. No company just goes up perpetually.

[@VegasVaron]

The comparison is illogical. I would be interested to know his and his company’s AI portfolio for full disclosure.

[@RichardMitchell-nk9ec]

If i build an ai robot amd tell it to drive my car and make deliveries tho

[@robertsmith6408]

Just go all in on TSLA and NVDA! You have the future cornered then!

[@Jamies-gz7ix]

jensen huang unfortunately doesn't have the time and patience to sell snake oil.

[@zt2155]

"we wish we bought sooner"

[@usuario8245]

This guy is just probably want to take down prices so he can go into the hype too!

[@RichardMitchell-nk9ec]

Well you can use ai to make better pacemakers or like give someone an ai lung or arteries

[@marylandterpz]

Thank you some honesty. Companies use the word A.I to make profits. They building Alexa's calling it A.I. Wake Up people They just changed the word computer to A.I.

[@doug6723]

You absolutely do not know what you're talking about. Go educate yourself. Nobody in their right mind is calling Alexa AI.

[@doug6723]

@@perryd765 You're stoned!. It absolutely will replace farming, transportation, but there's also drug manufacturing, design, entertainment, weather prediction, simulations, robotics and much more. Clearly you haven't done your research. Some of these will take longer than predicted but they're coming.

[@marylandterpz]

@@doug6723 what can Grok do aka Twitter/X that's new?

[@marylandterpz]

@@doug6723 I think he just called you a need 😁

[@doug6723]

@@marylandterpz Nerds are the wealthiest most powerful people in the world now. So I'll take the compliment

[@rohan7381]

Nice watch lol

[@simrans3675]

Crypto Punk in da house!

[@usuario8245]

I think this guy isnt dinning with Alex Karp from Palantir LOL

[@tosl1232]

Sounds like someone who just missed the train.

[@mdaniels6311]

This guy fundamentally does not understand what AI is doing, which is saving companies money by increasing productivity.. therefore, it will be used by all people, everywhere, forever. Every business, NGO, governments, institutions.. everywhere in the world will be using AI. NVIDIA holds the m onopoly on that business. The analogy he is looking for is Microsoft Windows... which is now up something like 30000%.

[@goat7844]

He just said a whole bunch of nothing. A.I will never be more intelligent and smarter than the human brain. A. I is nothing more than a database of information from humans over time. Use your brain people.

[@briancase6180]

Yes, use YOUR brain. It's not just a database of information. That's actually a hilarious claim.

[@apophisxo4480]

What makes the human brain so special? There were tests done on chimps with greater working memories than most humans. We as humans have got enough of what we need to excel and dominate, but that doesn't mean we have the best combination or that things couldn't have evolved differently. AI is a relatively new arrival on this planet. If it's lacking, that's just because we as its creators are lacking. It will improve. You belittle AI as just being a "database of information from humans over time"....but that's exactly what we are! You didn't invent calculus, some other super human did and you are using that knowledge to do whatever it is you do. There would be no Einstein with out Newton. We all need to stand upon the shoulders of those that came before. Despite your large brain, you wouldn't be able to survive on this planet without help. Help from those alive today or help from those who have gone before. Having that data base in the form of written documents, computer files, books, or songs by a camp fire is essential to who we are as humans. The data base IS important. As for being "intelligent," we've already seen computers beat humans at specific tasks like playing chess or go. They're also better at solving protein folding puzzles....If you've ever walked down to the local Walmart, I don't think it will be too hard to convince your self that surpassing human intelligence isn't the Mount Everest you think it is.

[@goat7844]

@@briancase6180 A. I has not created nothing new. All the great things in the world that you see was created by a human being. Tell me one thing that A. I has done that has benefited mankind so far? A. I truly a deep fake. It does nothing more than take credit for human intelligence and knowledge as its own. It’s creating nothing but future chaos.

[@eh7599]

Short answer: YES

[@Fidellio369]

Alex Karp is not dining with this clown

[@backpackly]

This guy has no idea what he’s talking about.

[@ML1.0]

AI bubble bout to pop

[@TruthSeaker-t6q]

Yes, it's going to pop another 100% to the upside.

[@fengzheng888-l6m]

who the hell is this guy? He doesn't know what he is talking about. He needs a more professional hair style.