I mean Tesla has had a massively inflated stock value for 10+ years. Is there a chance this ball can be kept in the air through pixie dust and the power of belief?

In some ways it is not a bubble. Because the presumption behind a bubble is that there is an acceptable baseline in capitalism. There isn’t. Bubbles popping is just the boom and bust cycles. Every boom cycle in capitalism could be considered a “bubble”; the inflation of asset prices of (fictious or otherwise) capital propped up by labour. There is not a real division between finance capital and “industrial” capital; they are two sides of the same coin (yeah Michael Hudson is wrong, good stepping stone but I have outgrown him now as an ML).

Having said that, that’s not the paradigm Nvidia is working with. The fact that he had to say it out aloud is hilarious.

Well we know your not Enron, we are asking in Nvidia is part of a Bubble, please answer the question

“I am not a crook”

The investor has also claimed the way Nvidia’s graphics chips are accounted for is incorrect, claiming they have a much shorter use life than has been suggested.

Last month, he revealed bets against Nvidia and Palantir of more than $1bn (£760m), allowing him to make a significant profit if the stock fell.

Everyone in this whole ordeal is a scammer one way or another. Whether they bet on AI or against it.

Currently re-reading Lenin’s imperialism and oh boy reading the headline send me on big laughter session

five steps of the grief is just started