this post was submitted on 25 Nov 2025
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Fuck AI

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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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172
AI bubble madness: Why the stock market fell $2,000,000,000,000 in just FIVE HOURS (www.youtube.com)
submitted 1 week ago by Dav09@mander.xyz to c/fuck_ai@lemmy.world
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The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just one day. Ben Norton explains.

Topics

  • 0:00 AI bubble & Nvidia
  • 2:40 Magnificent Seven (Mag7) Big Tech stocks
  • 4:01 US GDP growth depends on AI capex
  • 5:01 AI circular financing scheme
  • 6:28 OpenAI is losing money, but owes $1.4 trillion
  • 7:38 Nvidia profits rise in earnings report
  • 9:27 US investor madness
  • 12:04 China challenges Nvidia's chip monopoly
  • 13:43 Crazy volatility in Nvidia stock
  • 15:08 CEO Jensen Huang's private comments
  • 17:11 $600 billion drop in one day
  • 18:13 Four customers make up 61% of Nvidia revenue
  • 20:25 IOUs: Nvidia's accounts receivable rises
  • 21:43 GPU demand? Nvidia inventories surge
  • 22:37 S&P 500 falls $2 trillion in 5 hours
  • 24:12 US economy built on financial house of cards
  • 26:13 Markets can remain irrational...
  • 27:01 Dangers of a recession or depression
  • 28:13 Outro
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[–] TachyonTele@piefed.social 28 points 1 week ago (3 children)

Is it finally bursting?

[–] bear@lemmy.blahaj.zone 23 points 1 week ago (3 children)

Nope, up over 2% in the last 5 days.

[–] TachyonTele@piefed.social 12 points 1 week ago* (last edited 1 week ago)

Stop breaking my heart

[–] artyom@piefed.social 5 points 1 week ago (1 children)

Depends what "it" is. NVDA is down 4.5% for the month. MSFT down 9%. GOOG is somehow up 24%.

[–] bigboitricky@lemmy.world 7 points 1 week ago

Google made a pro version of Gemini 3. Benchmarks show it works like GPT on their own Tensor processors. All in house, all their own processing, and no external sources to rely on. While I don't like any of this. Google is playing the long slow and boring con. They have all the worlds data. They can keep processing until the end of time.

And that's why they're up. Weirdly they're just outside the self suck circle of openAI Oracle Amd Nvidea etc

[–] ChairmanMeow@programming.dev 4 points 1 week ago (1 children)

It shows as down 3.8% over the last 5 days for me. Down 7.1% over the last month.

[–] bear@lemmy.blahaj.zone 2 points 1 week ago* (last edited 1 week ago) (1 children)

Which market? I looked up the S&P.

DJI is up 2% in 5 days. S&P is now up 1.27% over the same period, according to Google, using ICE Data Services data.

[–] mrfriki@lemmy.world 7 points 1 week ago

Was about to grab some popcorn…

[–] Mwa@thelemmy.club 2 points 1 week ago

Slowly???