An AI leaderboard suggests the newest reasoning models used in chatbots are producing less accurate results because of higher hallucination rates. Experts say the problem is bigger than that
Oh, got it. Yeah thats embarrassing. Google places it right after 6 months so i didnt even think about it LOL. I see the +77% over the past year.
We’re super in the weeds at this point, and Tesla stock has nothing to do with AI so i shouldn’t have even entertained you changing the goalposts, but now that you have I’ll admit you scored on this one.
Back to the original point though, neither Tesla nor AI will grow in perpetuity, the bubbles will burst, it’s just a question of when.
i shouldn’t have even entertained you changing the goalposts
I didn’t change any goal posts, I gave an example as evidence of how companies’ stock prices can balloon indefinitely with no rational justification. That’s not the same thing.
Yeah we were talking about the AI bubble and you changed the goals to the stock of an electric car company.
I gave an example as evidence of how companies’ stock prices can balloon indefinitely with no rational justification
There was no need. I already agreed a bubble exists.
The question we were discussing is whether or not it will pop.
My view is it will pop eventually, your view seems to ge that in 100 years from now a pyramid scheme built on infinite growth is somehow still resulting in heaps of returns for investors.
Yeah we were talking about the AI bubble and you changed the goals to the stock of an electric car company.
I did not change anything, both topics are about “bubbles” in general.
I already agreed a bubble exists.
I did not. My evidence was in the contrary.
your view seems to ge that in 100 years from now a pyramid scheme built on infinite growth is somehow still resulting in heaps of returns for investors
You’re intentionally misrepresenting my statements. I never said anything about returns. It’s built on infinite speculation.
Please stop lowering yourself to bad faith arguments.
Not being a bubble does not = “Tesla and AI are valued accurately”. “Accurately” would mean that there is legitimate potential for future income. “Bubble” = market conditions that are going to “pop”/collapse. I don’t think there is a “pop”. The stock just going to grow indefinitely, driven purely by hype and advertising. Because that is what has happened to Tesla for the last 10 years and counting.
The stock price going up is a return on investment. I’m not trying to misrepresent you, this is simply what your words mean.
I consider ROI to be income derived from the products themselves but I suppose if you’re an investor that doesn’t matter either.
The stock just going to grow indefinitely, driven purely by hype and advertising.
Agree to disagree. Go invest in AI if you want.
Like blockchain, NFTs, crypto, 3D TVs and every other overhyped tech with no actual product behind it, I am certain it will crash, so I wouldn’t recommend it, but you’re welcome to your take.
Because that is what has happened to Tesla for the last 10 years and counting.
I despise Elon just as much as you do, ever since the cave diving incident I’ve seen him as an immature school child and he’s only revealed himself to be that much worse.
But don’t rewrite history about Tesla and act like they weren’t selling cars…
Those 10 years were legit growth. He built a dedicated intellectual demographic of people who care about climate change.
Now he’s spent the past 2 years burning it all down, so we’ll see how long he can keep this up. Not 10 years.
Don’t make up numbers.
It’s -21.36%. I don’t know where you’re getting this info from.
Type “Tesla stock” into Google and select YTD (year to date).
LOL I am not making up numbers, you just don’t understand what “year to date” means…
Oh, got it. Yeah thats embarrassing. Google places it right after 6 months so i didnt even think about it LOL. I see the +77% over the past year.
We’re super in the weeds at this point, and Tesla stock has nothing to do with AI so i shouldn’t have even entertained you changing the goalposts, but now that you have I’ll admit you scored on this one.
Back to the original point though, neither Tesla nor AI will grow in perpetuity, the bubbles will burst, it’s just a question of when.
I didn’t change any goal posts, I gave an example as evidence of how companies’ stock prices can balloon indefinitely with no rational justification. That’s not the same thing.
Yeah we were talking about the AI bubble and you changed the goals to the stock of an electric car company.
There was no need. I already agreed a bubble exists.
The question we were discussing is whether or not it will pop.
My view is it will pop eventually, your view seems to ge that in 100 years from now a pyramid scheme built on infinite growth is somehow still resulting in heaps of returns for investors.
Time will tell.
I did not change anything, both topics are about “bubbles” in general.
I did not. My evidence was in the contrary.
You’re intentionally misrepresenting my statements. I never said anything about returns. It’s built on infinite speculation.
Please stop lowering yourself to bad faith arguments.
This is getting a bit tedious. AI is a specific bubble. Generalizing it is still moving the goalposts but I’ll grant you it’s on “theme”.
I’m confused now. You don’t believe there’s a bubble? You think Tesla and AI are valued accurately?
With respect, I don’t even know what you’re saying here.
When you say “speculation” we’re talking about the stock price going up correct?
If I invest in a company, and the value of that investment goes up via stock price, this definitionally is a return on investment.
The stock price going up is a return on investment. I’m not trying to misrepresent you, this is simply what your words mean.
Not being a bubble does not = “Tesla and AI are valued accurately”. “Accurately” would mean that there is legitimate potential for future income. “Bubble” = market conditions that are going to “pop”/collapse. I don’t think there is a “pop”. The stock just going to grow indefinitely, driven purely by hype and advertising. Because that is what has happened to Tesla for the last 10 years and counting.
I consider ROI to be income derived from the products themselves but I suppose if you’re an investor that doesn’t matter either.
Agree to disagree. Go invest in AI if you want.
Like blockchain, NFTs, crypto, 3D TVs and every other overhyped tech with no actual product behind it, I am certain it will crash, so I wouldn’t recommend it, but you’re welcome to your take.
I despise Elon just as much as you do, ever since the cave diving incident I’ve seen him as an immature school child and he’s only revealed himself to be that much worse.
But don’t rewrite history about Tesla and act like they weren’t selling cars…
Those 10 years were legit growth. He built a dedicated intellectual demographic of people who care about climate change.
Now he’s spent the past 2 years burning it all down, so we’ll see how long he can keep this up. Not 10 years.