Nvda and law of large numbers

Discussion in 'Stocks' started by S2007S, Jan 16, 2024.

  1. Businessman

    Businessman

    But Microsoft and Apple doing a good job at that. Both companies are almost 50 years old now.
     
    Last edited: Feb 22, 2024
    #81     Feb 22, 2024
  2. Businessman

    Businessman

    That is the least of our worries, Covid was made in the Lab by humans. AI will eventually be able figure out how to make a version 10x or 100x stronger. And give you, or someone else, the instructions of how to make it in a low tech lab. Wont even need a rogue Skynet AI. Humans are dumb/greedy/evil enough on our own. We have summoned the demon...
     
    Last edited: Feb 22, 2024
    #82     Feb 22, 2024
  3. SunTrader

    SunTrader

    And supposedly at one time, and maybe still, you could find how-to plans to make an A-Bomb. So where all the A-bombed out cities?

    Or even the threat of any?

    Well other than by Little Kimmy or OrangeMan's buddy Wack-A-Doo PuuPuu.
     
    #83     Feb 22, 2024
  4. SunTrader

    SunTrader

    So here is an example of AI ChatBot losing its "job". ;)

    (MorningBrew)

    AI
    Air Canada ordered to pay customer over chatbot error

    [​IMG]

    Gary Hershorn/Getty Images


    A Canadian tribunal ruled in favor of a customer who was given incorrect information about bereavement fare discounts from an Air Canada chatbot, a rare win for humans in the ongoing battle against our rising AI overlords.

    In 2022, Jake Moffat asked a chatbot for help booking a last-minute flight to attend his grandmother’s funeral. The chatbot told Moffat to book the flight and request a refund within 90 days. However, Air Canada denied his ~$450 refund, saying bereavement abatements cannot be applied retroactively.

    Air Canada initially offered Moffat a $200 coupon and promised to update the chatbot, but Moffat decided to take the airline to a civil tribunal. The airline’s arguments included:

    • The chatbot was a separate legal entity “responsible for its own actions.”
    • Moffat should not have trusted the chatbot and should have double-checked the info.
    One tribunal member called the arguments “remarkable,” which sounds like the polite Canadian way of saying “ridiculous.”

    Call them r Canada because they’ve dropped the Ai. After the ruling, the airline appears to have removed chatbot services from its website. Finally, a robot that lost its job to a human.—DL
     
    #84     Feb 22, 2024
  5. schizo

    schizo

    Going back to my earlier assertion, who will be supporting the economy when everyone's laid off? If you think about it, it ain't just blue collar jobs that's at stake here. Most of the white collars will get the axe as well. AI will very likely replace bankers, doctors (including medical researchers), and even lawyers and academicians.

    Suppose such a day comes when everyone is out on the street, who will support the damn economy? Better yet, can we even reverse the tide?
     
    #85     Feb 22, 2024
    NoahA likes this.
  6. Added the value of Alabama, Arkansas Idaho and Kansas today.
     
    #86     Feb 22, 2024
  7. Zwaen

    Zwaen

    And added Mars and Jupiter combined. No need for SpaceX anymore.
     
    #87     Feb 22, 2024
    TrailerParkTed likes this.
  8. And $$$ to us investors!
     
    #88     Feb 22, 2024
    Zwaen likes this.
  9. S2007S

    S2007S

    Nvidia Market Cap Surpasses Size of Canada's Economy

    Chip maker Nvidia's latest jump in share price now gives it a market capitalization that now surpasses the size of the Canadian economy. Seasonally-adjusted real GDP for Canada, a Group of Seven economy, was C$2.349 trillion, or the equivalent of $1.74 trillion, as of 3Q. Data for 4Q data is scheduled for release next week. In Thursday morning trading, Nvidia's market capitalization rose $238 billion to $1.925 trillion.
     
    #89     Feb 22, 2024
    TrailerParkTed likes this.
  10. S2007S

    S2007S

    1892 coca cola was created..

    132 yrs in business.....132 yrs!!

    A market cap of approximately $260 billion......


    Coca cola around 132 yrs and nvda adds the entire market cap of that company in 1 single day....
     
    #90     Feb 22, 2024