I initially voted a realistic reflection, and then reconsidered upon "near future", and then I saw (1-10 years away), and re-voted for a realistic reflection.
The hype _is_ justified. But we will not have AGI tomorrow. However, the pace of advancements has accelerated (in broad terms), and I believe will continue to accelerate. I would be unsure in 1-5 years. But 10 years is not the near future. To say the world today looks nothing like it did 10 years ago is an understatement.
Collectively we will continue to stack (newly) outsized gains everyday, assisted by advancements in AI. And 10 years from now we won't recognize the constraints of today and instead will have all new expectations and problems.
What does this mean for markets? Well, it doesn't matter _really_ matter for NVDA. We're in a gold rush, and NVDA is the only one selling good shovels, plus they have arguably the best plan for quality excavators, trommels, drills, conveyor belts and dump trucks for those who are serious about this long term.
I bought a large stake in NVDA the day ChatGPT was announced and was adding to it until I started training for a triathlon which is now slurping up all my gold. Just gonna hold for the next couple of decades.
The hype _is_ justified. But we will not have AGI tomorrow. However, the pace of advancements has accelerated (in broad terms), and I believe will continue to accelerate. I would be unsure in 1-5 years. But 10 years is not the near future. To say the world today looks nothing like it did 10 years ago is an understatement.
Collectively we will continue to stack (newly) outsized gains everyday, assisted by advancements in AI. And 10 years from now we won't recognize the constraints of today and instead will have all new expectations and problems.
What does this mean for markets? Well, it doesn't matter _really_ matter for NVDA. We're in a gold rush, and NVDA is the only one selling good shovels, plus they have arguably the best plan for quality excavators, trommels, drills, conveyor belts and dump trucks for those who are serious about this long term.
I bought a large stake in NVDA the day ChatGPT was announced and was adding to it until I started training for a triathlon which is now slurping up all my gold. Just gonna hold for the next couple of decades.