Why is that?
Maybe it is likely that the AI bubble has reached its final stage and is close to popping and those with unjustified valuations will get obliterated when it crashes.
“How can a company with $13 billion in revenues make $1.4 trillion of spend commitments?” Gerstner asked him. “You’ve heard the criticism, Sam.”
“If you want to sell your shares, I’ll find you a buyer,” a taken-aback Altman replied curtly. “Enough.”
Surprised by the confrontation, Gerstner let out a laugh in response.
https://futurism.com/artificial-intelligence/sam-altman-lose...
If the valuation of OpenAI in 6 months is not less than what it is now, would you gracefully agree you were wrong?
muzani•2h ago
Somehow the stock market is even more fearful than crypto today.