Companies investing billions in ai, what if no monetary gain is possible?

[nitrene]

With all this hype talk of Ai and generative ai in general what value is it adding to the companies buying up these nvda chips and trying to out do their competition? Meaning where is the value in these companies implementing ai today? What if these companies trying to implement the use of ai into their company see no return from these investments?

Companies are investing billions in technology to build ai applications, what if this is just a total flop? Not saying a total flop to the industry but too companies who think they will exceed in this area just because they believe it's the next new technology boom....everyday there is another company announcing their move into ai, to me that's just showing how trendy these companies are trying to be to extract more money from traders and shareholders, buying up stock in the world of ai hype....

Do you ever get tired of being a doomer? I'll say it again, since NVDA is a worthless company according to people like you why not take all your money & short it because it is going to zero, right?

 

[Businessman]

Do you ever get tired of being a doomer? I'll say it again, since NVDA is a worthless company according to people like you why not take all your money & short it because it is going to zero, right?

Because NVDA can stay retarded longer than S2007S can stay solvent

 

[S2007S]

Do you ever get tired of being a doomer? I'll say it again, since NVDA is a worthless company according to people like you why not take all your money & short it because it is going to zero, right?

I'm not being a doomer, I'm just bringing up a scenario that states that most of these companies rushing into the AI hype spending hundreds of millions and billions of dollars will find absolutely no way to monetize this area of the market. There are companies right now throwing the word ai around just to boost their stock prices and to be part of the trendy movement.

 

[Wide Tailz]

In the short term the market is like a popularity contest, or a voting machine. Let's go Brandon!

In the long term it's a weighing machine, to find who's swimming naked. But the tide can take 10 years to go out.

-wisdom from a guru of yesteryear