The AI Bubble is about to Collapse [URGENT Black Monday WARNING].

🚨 ✅ 🚨 Kevin's Courses on Wealth w/ Private Livestreams (Real Estate, Stocks, Productivity): meetkevin.com EXPIRING May 31, 2024 at 11:59pm These are educational courses and past performance does not guarantee future results.
C3AI earnings stock AI
Nvidia earnings stock NVDA
Salesforce earnings stock CRM
UI Path earnings stock PATH
Artificial intelligence bubble and Black Monday.
📝Disclaimer:
This video is not personalized advice for the viewer.
#meetkevin #trading #money

[@CoercedNut]

“Not like a colonoscopy” - LMFAO had me rolling 😂

[@LeighB420]

Finally, the world realises that AI is not really AI......its just a large database of information that the computer picks the most likely answer to the question being asked of it. Not really AI at all right!

[@jordanco]

Saying the computer picks the most likely answer from a database is an oversimplification. More accurately, the computer picks the most likely token (a few characters), given all the previous tokens in the conversation and the response being generated. There’s also randomness to the picking, determined by the seed number. Because of this, it would be almost impossible for a correctly trained model to reproduce exactly some piece of text that it was trained on.

[@brycejohansen7114]

There's also a possible data problem with AI in general: 1) Getting more good quality accessible data is getting harder and harder to do. Look at what happened to Google's AI telling people to put glue in their pizza. This is from them literally scraping the internet for data (not a great idea). They need correct fact based data to training their AI. 2) There have been studies of how you need exponential amount of training data to get linear improvements in current AI. 3) Combining with 1) and 2) no one has the time or workforce to produce quality data at an exponential rate. There's naturally likely going to be a plateauing effect on AI advancement at least based on the information we have now.

[@robertocarbajal8095]

PLTR just got 480M contract not worried about PLTR plus they dont have LLM's they have a platform for data completely different

[@Benjamin_Phan]

Software deflation. This is what Jensen Huang meant that you "can't just do pure software dev as a career anymore". Who says only software companies buy their chips? Generative AI is applicable in so many other industries, like materials science, biology, animation, but they aren't cash rich as the software companies so they can't compete bidding for chips as much. Considering that in the demand curve, Nvidia is in a stronger position than the other megacaps, so the AI bubble "crash" might just end up as a "soft fizzle" for Nvidia, and a crash for tech companies selling software.

[@VikramKumar-oy8gq]

Exactly, they will make cheaper chips but sell more later.

[@o__sama]

What a bunch of clownery, you think chatgpt can build real software? go ahead and build with it. it is no more than a better fancier autocomplete (github copilot), makes programmers more productive by 20% at best, but can't replace them.

[@YoungMoneyFuture]

Bearded Kevin is usually a bearish sign😂

[@hodaelgendy2353]

Bla Bla Bla Bla .... Just shiny title .... Coupon Coupon Bla Bla Bla

[@zacgaming1008]

so true

[@mcyi8aa2]

Not for me - I found it interesting and informative! I don't mind him pushing his products. I bought the S&S one actually so I see his trade posts.

[@gamingtemplar9893]

@@zacgaming1008 he said literally nothing, that is so true? 🤣🤣🤣

[@f80brisso]

Someone just bought the ATHs

[@newtothegame1811]

I want all the AI stocks to tank

[@gamingtemplar9893]

I don't

[@jeffrucks4477]

I like it.

[@InvestingAlex]

Sounds like u missed the boad

[@ostentatioussavant8215]

I look forward to everyone being out of a job.

[@susanrocksvold534]

The Facebook AI is very Biased.😮

[@rodrigoborja7731]

Keven you said AI is in a bubble 6 moths ago and Nvidia keeps going up

[@ostentatioussavant8215]

He's dumb and poor. I've been all in on nvidia for 25 years. NEVER SELL!

[@brianjarrard869]

You flipped out with excitement when earnings hit for Nvidia. Come on man pick one….. Bull or Bear.🤡

[@kylewaters4815]

hes about making money not about being bull or bear

[@Dan-codes]

I built a salesforce replacement for a company over the last year and saved them 200k. Sf is overprice.

[@giovannig4369]

The coupon is expiring every Friday.

[@matthewmazurek4232]

All these AI Hype companies. Looks like Tesla is one of the only companies actually creating something new besides chat bots...

[@BeefNEggs057]

Bubbles everywhere! Pop!

[@RebelwithaCause777]

Yeah NVDA a lot of hype …..

[@jkim4656]

tesla? lol

[@KevinHartman84]

@@jkim4656 yeah, the company beyond just automobiles...Solar, Energy Storage, Fast Charging Stations, Robotics, Autonomous Driving (WAY closer than any other), so on.

[@prettybrwneyez7757]

Tesla is dead 💀

[@dimention6600]

AI is collapsing but he owns Invidia and exposed to AI. I mean the lack of common sense and click bait trash. Jeez bro. You have a plane for G’s sake.

[@Kingofsoles]

MEET FUD

[@MeetKevin]

yes

[@axpaj]

It's good to hear people finally understanding and commenting on the fact that "ai" is essentially just memes and chat bots at this point. I've been beating that drum for months. It's not revenue producing, yet and it's not actually ai. It's just faster processing. Cool, but stop it. Krogers shouldn't be talking about their investment into ai on earnings calls lol.

[@chivimbe]

The world doesn’t need or want dozens of AI chat bots. They’re becoming like podcasts, way too many

[@mickeyturner5677]

In my opinion, the bottle neck which is developing in high end chips will doom AI stocks.

[@merovingian688]

Another problem with A.I. is finding I.T. people with such a background to manage A.I. Imagine turning on A.I. in your company and any employee can access company financial information just by asking.

[@threerisingsuns]

I think you are overlooking one key element: We are still in the discovery phase of learning what AI can really do and all it's use cases. I don't think Sales Force even really understands the full potential of AI, which translates to lackluster ads. It is not just a virtual assistant that can help write emails. It is a brain smarter than any human on earth. Asking it to help summarize an email is like asking Einstein to solve a high school math problem. We are not fully utilizing AI to its potential yet.

[@trevman289]

One company out of many.. doesn’t make the entire market a failure

[@JazevoAudiosurf]

AI will have supercycles like crypto, while we correct in the short term, long term we go higher and higher

[@jordangaudio6729]

At some point Nvidia can and will pop the market.. once fear sets in and that stock price starts to unravel.. watch out.

[@jmsena]

That’s the buying opportunity of a lifetime.

[@joshwalker9675]

So absolute, wish I could tell the future

[@joemiami1424]

So buy puts and then buy once it crashes got it

[@travismartinson1813]

​@jmsena it will be, but it will probably take a year or more to play out before it goes up again.

[@iMixMaSteR1]

You're years away from that.

[@KT-qs3ce]

If AI crashes then SoFi will be considered AI. LOL

[@michaelgidea6794]

Just want to say that you are a great teacher of economics. So glad that I found your channel, I can listen this kind of videos the whole day.

[@brianolson8293]

Ok I am sensing a change in hair color is coming .

[@justsomeguy1074]

He should do bozo red again with lime green streaks!

[@scourge8097]

This is just wrong for multiple reasons. 1-AMZN did NOT say they were going to hold off on purchases of Hopper. This was just misinformation that spread. Amazon came out and said as much. 2-The reason why Salesforce is NOT correlated to NVDA in any way, but more importantly, they ARE more cyclical. They didn't change their year-end guidance. But more important, their issue is their billing model. It's antiquated. They're STILL billing on a PER-USER MODEL, not on a VOLUME model. AI makes things more efficient, ergo, you have fewer employees doing the same amount of work. If CRM billed on a volume basis and not a per-user basis, THEY'D BE GROWING. They need to change that, but either way, it's only proving the value of AI. Hmm...interesting. This is just a way to sell his subscription with...some very flawed information. It's more than a little dangerous to take any of this advice.

[@reuzbl7742]

Kevin, you are crazy good at day trading. Trying to keep up.

[@jonnysantos5074]

I have been studying for the past 2 years. Currently on data analysis. It is you that's encourage me to learn the importance of data. You are good at what you do

[@issiewizzie]

Every CEO has replaced the word "big data "with AI in the quarterly, Call 😀😀😀

[@jasondillon2567]

That wasn't a click bait title at all....but it worked, I clicked. 🤣

[@hzt6000]

The AI revolution isn't for every company who dabble with software. Some software companies will be relegated out of market by increasing use of AI .

[@hirvingpetagna]

I've owned NVDA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.

[@PatrickIliou]

The most significant lesson I gained from the stock market in 2023 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key

[@PatrickIliou]

Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.

[@lokeshpatel260]

I'm buying the Revux RVX token, I believe it will yield at least 100x this cycle.

[@peaceofheart3018]

Buying puts around 225 for Nvidia!

[@TurdFergusen]

i just want UBI because the internet told me to hate billionaires, cops, and straight people, and I deserve everything even though I have zero ambition, I support the current thing. I learn through memes.

[@Evan-pq1rr]

Haha who the hell told you to hate straight people…talk about living in a bubble

[@DarkMatter2525]

Only the last sentence appears to be correct

[@susanrocksvold534]

😅😅😅

[@olutobii]

If you lump PLTR in with all these companies then you really don’t know what you’re invested in

[@haroldwarner4337]

The only AI SaaS company that is actually working and doing this with both government and enterprise is PLTR

[@ODAS98]

Don’t forget. Nvidia went down 10% two months ago. What happened since then? You answer the question.

[@MeetKevin]

Yep

[@BeefNEggs057]

Your mom got your dad pregnant?

[@mrpickle23]

they blowout earnings and continue to guide up HUGE for the future.. NVDA to $2k easy

[@salookie8000]

Most tech stocks went down around then. Review Nasdaq chart at that time. It had nothing to do with NVIDIA itself; it had to do with an industry wide tech sell off that didn’t last long.

[@Byebyemeow]

Kevin said he switched to bullish a couple days ago instead of being all in cash. Please go back to being bullish so we can finally go down

[@itsomarbitchess]

Since end of feb I'm up 100% on Dell and it was because of u Kevin

[@74ventura11]

Heard this before, where are you getting your advise Cathy wood?

[@WeBeatMedicare6969]

*advice

[@sanderdegurra9002]

Yea right. Nvidia is going to hit over 9000!!

[@jon1nim]

Been watching you 4 years now. Really smart dude.

[@billwang4086]

Just click on these videos to thumbs down them

[@marioxmariox]

You are sending KZbin mixed messages then. You click on the video and leave a comment, making youtube think you want move of these videos, but you thumb down telling youtube you don't want to see them....

[@billwang4086]

@@marioxmariox I don’t care what YT thinks the message was for the clickbait clown

[@MeetKevin]

Thanks for your support!

[@WeBeatMedicare6969]

Nerd

[@michaellackie6274]

The AI bubble isn’t crashing 😂

[@peaceofheart3018]

Yeah it definitely is, still hasn’t caught on (profitable)so will dip before ripping in few years again!

[@Muzzleminer]

at least you agree its a bubble :)

[@justsomeguy1074]

Yet!

[@CrashBr0]

THE CRASH COMETHS...

[@leona1351]

Thank you Kevin for keep all of your subscribers up to date and looking out for risk.

[@Fellow117]

The world ended today on this black Monday lol!

[@OhNiceMatt]

You were great again in the "LIVE" this morning. Thanks again for the Callouts and 'Lines' on NVDA and DELL Call option winners. 😀😀🙌💪 Also, when you showed the $PATH balance sheet disturbing items in your LIVE stream, it was an easy decision for me to go with winning PUTS for the ER

[@rocksays80]

Can you cover Micron? This company is like one of the building blocks for buildting the AI chip setup so no matter if companies like AMD, Microsoft, Apple, Broadcom, Google and Amazon build their own chips, they would still need memory so, I think Micron is in a better postion here with one to many relationships. The funny thing is the AMD vs Micron market cap given their quarterly earnings. I know memory stocks are cyclical but this time it looks different and the guidance from Micron was really good. Hopefully you can give your insights on Micron. Thanks!

[@Sarat8899]

Now is probably the best time to ape in ICOs like REVUX, before real alt run begins!

[@martinreilly41]

So many picks and shovels but no gold.

[@pubwvj]

Interesting analogy. An anchor falling into the Mariana Trench is a null. At best a sea anchor which is when you drag something through the water. 🤔

[@jenspettereikeland3700]

Kevin. A lot of wrong herr. First, can has its own cloud they have their software on, yes they using aws also but mainly their own cloud. A user can buy both install bases. Second. Ai is not only “chat bots”! It is way way more. Companies like CRM will always have good and bad quarters. Salescorcw is and will be the go to crm software regardless off AI. In my mind there is nothing changed, normal earnings swing. For software companies AI is not what will sell, it is good software that solve problems. There is where the big misunderstanding with AI is. It is just so much misunderstanding what AI is and what it does. You are way off here, been listening to you a while and to me it is clear. Coming from a software engineer. Does the software solve a problem, yes. You can have all your AI, does it not solve a problem it is a bust. Salesforce are still selling problems and are the go to software for CRm solutions.

[@tanner9956]

Well my question is when is the market going to stop falling for the feds “future rate cuts” they keep leading people on if we get to December and no rate cuts the market is dropping 20-30% or more

[@OGD007]

Pricing for processing power for LLM will go down, so pricing for software will naturally go down. Margins should stay the same.

[@PlayboiMaui]

i just need 2 months, i might pull out of nvidia after

[@kenvanosky2012]

Correct. We are transitioning from 16 years of Fed-managed deflation into a new world of Fed managed inflation, the only politically acceptable way to handle the debt. While inflation shifts focus from growth to value investment, with all of the related funding issues, we are also going through transitions with the dollar as a reserve currency, restructuring supply chains, going through an energy transition, retiring a huge cohort of baby boomers, and introducing AI with its impact across industries. It could be creative destruction on a massive scale. Lots of new opportunities but many established players will not make it. Software applications are in the direct line of fire.

[@bate181]

NVDA back to 1000 post split.

[@fluffywarhampster]

salesforce "our cash flow is great".....Kevin "it should be, youre a saas company with low margins"...

[@ACE11518]

If Elon loses that pay package His going to turn into a evil villain

[@merovingian688]

We’ll end up with a more centralized economy with A.I. The guy running A.I. needs access to the databases of corporations. A.I. and automation will be job killers.

[@merovingian688]

Ask your IT guy at work what he knows about A.I. If you’re in college and want to make insane amounts of money, get a degree in A.I.

[@JSteve22]

Salesforce, UIPath, C3AI are not real AI companies… I’d be concerned if Microsoft, or Palantir collapsed. As for NVIDIA, they have no competition. They’ll be fine for many years

[@rangledangle3371]

Here’s the thing, tools like uipath protected their income by making the interface draggable and simple (nocode), but preventing portability (code). Because otherwise you’d build it there and run it somewhere cheaper. But it turns out, the tools that benefit from ai are code itself and the tools that embraced code. Now all these “lowcode/nocode” companies are scrambling to rebuild and “codify” their products so they can integrate ai better.

[@xoRockat]

There is no bubble what you talking about

[@justsomeguy1074]

There's always a bubble!

[@jordangaudio6729]

An 800% gain is bubble like territory. Over crowded at some point. Might take another year but it will let the air out eventually and if there's not a broadening of the market beforehand.. then you'll get a market wide sell off

[@davidshatirishvili9681]

It is done . Will be worth

[@covetthecamper2289]

So I just sold all of my SMCI today. My guess is that I will be buying back in after 30 days at a much lower price.

[@lorischiavone8807]

You are funny Kevin, I feel that every time I watch one of Your videos there is a coupon and a deal going on, just cut your prices already, I don’t see the point of having a permanent discount, I don’t think people are so “….” to fall for it 😜

[@thestonksmarket1897]

*Waits patiently for the crash to load up on cheaper TSLA*

[@first2fire276]

Nobody understands this space. lol Stuff you guys say cracks me up.

[@affegorilla1299]

Pltr is the real deal! New 480mil deal!!!

[@50.in.07]

I started trimming Dell today, will probably hold less than half of it into earnings. Running over 60% in 2 months because a small part of their revenue is from AI? This won't end well.

[@DreamRydeMusic]

If only Kevin was the type of guy to style a Handlebar moustache with that beard. He would certainly be like Sir

[@RyanChen-eb2re]

He needs a shave

[@d_e_a_n]

YES! he has the perfect face and personality for that. How do we make this happen.

[@gentronseven]

You're reading it wrong, chat bots and things were never going to make much difference. Small caps are the majority of sales force customers. Small caps with debt are getting killed by interest rates. Small caps don't care what sales force sells unless they get bargain prices

[@hsole1mani]

Nailed it Kevin! Top notch!!!

[@cquintana9326]

AI is overrated. We have seen garbage in garbage out. Specific niche use is fine but quick saturation will make it bearish.

[@AV4U2]

"yikes....help needed" ok, I'm in, let's go! We got a lot of work to do.

[@kingArunGr]

Soon RVX by Revux will moon, 200x in my opinion

[@MBMONEYS]

If only AI could find us a good president....

[@Majestic797]

Nice clickbait again and next week you are bullish again and telling you were wrong

[@issiewizzie]

The stock market would have collapsed about a year and a half ago if not for the AI hype. So, this year it's all about deliverables.

[@FilmFactry]

Stable Diffusions business model is flawed. Compare to MidJourney which is very lean company, off distant workers, and everyone pays for the service.

[@kzen848]

AI isn't what we think it is, nor is it otherwise.

[@notallthosewhowanderarelos7052]

dow and iwm should benefit from cheaper software and higher labor productivity

[@notallthosewhowanderarelos7052]

Small cap Russell should benefit from this, while cathie stocks keep getting hit since they are software and innovation, innovation competition gets easier with help of ai.

[@Terra-v5l]

UI path is not an AI company. Its like an anti-AI product

[@BeefNEggs057]

Anything is Better than tsla’s performance.

[@joshwalker9675]

Cause there's stronger competitors and possibly better crm's than Salesforce possibly why they at least partially, didn't beat or meet earnings.

[@cosmic_369]

Y'all should know by now whatever he says do the Opposite, Thank me later

[@vincent-je4te]

Nvidia may do to the tech market what Cisco did in 1999

[@andyyoon7853]

14:38 that's why they name their company Sales Force. They force sale

[@petergeddesrensen6567]

Buy the big dip?

[@romefl6723]

Chinese ai already slashing prices

[@JasonAmir-qo4uo]

what other ai stock apart from nvidia could be my safest buys with $100k in 2024?

[@efwsot]

I only watched this to see the mug

[@408Machine]

Anyone actually make money following his advice on stocks?

[@georgeorwell7291]

But Kevin.... Just because Softwarecompanies that are "faking" AI tank, it does not mean AI is dead in principle. Real AI companies that make money should be fine. Palantir can not be compared to Salesforce faking AI. Those are technical 100% different companies.

[@ccoc8764]

Fnkc! I didn’t listen to Kevin!! look what happened to Dell

[@babakd9892]

You are proof that timing and trading is a losing strategy.