I'm not directly comparing to the dot com bubble... And many AI companies are not profitable. But that's not at all the point. Look at bubbles through history.
There is a more chilling repercussion relating to AI: people on the left side of the bell curve being displaced from work.
Squeeze deez nuts you fuckin nerd.
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Look up what Megapack is and what it does. Look at the revenue being generated from it. There is a massive energy shortage in this AI boom.
C'mon man. That GM deal couldn't be more different than this situation. Tesla makes a product (Megapack). Samsung put in a huge order for said product.
2$ billion dollar deal sounds a lot like the $2 billion dollar deal GM GENERAL motors did when they took a stake in Nikola motors. Even Samsung could be getting played
I think there could be a chance. heavily shorted, big catalyst coming.
[https://www.reddit.com/r/wallstreetbets/comments/1ongdgw/htz\_earnings\_30k\_yolo/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/wallstreetbets/comments/1ongdgw/htz_earnings_30k_yolo/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
The market can remain irrational longer than you can remain solvent. If the bubble pops it won't be because AI doesn't have a good business model, it will be because of financial shenanigans.