The $**VIX**, or [Cboe Volatility Index](https://www.google.com/search?client=firefox-b-d&sca_esv=44031a392adcfbd3&sxsrf=AE3TifO-GGg0wP424CY7ETfvy0arYWca2g:1759948102191&q=Cboe+Volatility+Index&sa=X&ved=2ahUKEwj37dDLnZWQAxVfjIkEHR9VMmwQxccNegQIcBAB), is an indicator of the market's expectation of 30-day forward-looking volatility for the [S&P 500 index](https://www.google.com/search?client=firefox-b-d&sca_esv=44031a392adcfbd3&sxsrf=AE3TifO-GGg0wP424CY7ETfvy0arYWca2g:1759948102191&q=S%26P+500+index&sa=X&ved=2ahUKEwj37dDLnZWQAxVfjIkEHR9VMmwQxccNegQIcBAC), and it is often called the "fear gauge" because it can signal high uncertainty and fear when it rises. A high VIX means traders expect significant price swings in the S&P 500, while a low VIX indicates calmer market conditions with less perceived risk.
This actually makese sense and they did indeed generate value, conditional on both agreeing on the deals.
If A offers B 10k for B to eat shit and B agrees, it means that B values 10k more than he hated eating shit and that A values seeing B eat shit at more than 10k. The same happens in the other direction. Therefore, both of them legitmately value seeing the other eat shit at more than how much they hate eating shit themselves. Thus, they might as well have just agreed to both eat shit and watch each other. However, instead of barters, we generally use money to facilitate deals.
And yeah the GDP result is valid, but the same goes for other situations -- e.g. I clean your house and you mow my lawn (and we each pay each other 200 bucks). GDP doesn't cover costs, only total value of final goods and services.
They think they’re gonna have 20 gigs worth of data centers up and running by 2030, when virtually no ground has even been broken on *any* of these - permits? Land acquisitions? The ~$500+b those are gonna cost… (it currently takes about 2.5 years per gig to complete once ground is broken).
Where’s this money coming from? Because in addition to those data centers, I doubt those are even factored into their currently outrageous burn rate.
So OpenAI needs about a trillion dollars in additional money by 2030 (according to all their promises and projections)- and they’re claiming they’ll have 140b in revenue by then - and *finally* be profitable..
Doubt.jpg