• 6 Posts
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Joined 2 years ago
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Cake day: June 13th, 2023

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  • Yeah, this article should compare nVidia’s revenue to the US GDP (both measure of annual production). But we know why they aren’t, as it wouldn’t produce an alarming stat.

    Not really, because Nvidia’s revenue is far less exorbitant than its market cap. I’m not sure why c/technology is suddenly a dumping ground for every random Medium blog, which is as trustworthy a news source as somebody’s Facebook feed.

    The AI bubble will pop, but will likely be more like the doctom crash than the 2008 one. It isn’t as interconnected with the rest of the economy.







  • Except, if we were to read the article, things are materially worse than when he took office:

    Milei had predicted a V-like recovery with the creation of new jobs in a more prosperous and stable economy. Instead, the economy stalled out, declining in the second quarter compared with the previous three months. Unemployment is at 7.6%, up from 5.7% when Milei took office. And Argentina has about 200,000 fewer jobs since he took office, government data shows.