Agreed I don’t get why anyone would invest in them right now. Five years ago you were joining a hype train, but how does anyone think their value is going to increase from today forward?
Their biggest appeal seems to be that their consumer product ChatGPT is a household name and has widespread consumer use. But consumer adoption of a phone app is a very fickle thing to stake a trillion dollars on.
Agreed I don’t get why anyone would invest in them right now. Five years ago you were joining a hype train, but how does anyone think their value is going to increase from today forward?
Their biggest appeal seems to be that their consumer product ChatGPT is a household name and has widespread consumer use. But consumer adoption of a phone app is a very fickle thing to stake a trillion dollars on.
The bagholders don’t decide when the shit is dropped. Obvi these “AI” grifters are cashing out while they still can.
Meanwhile hedge funds and money makers:
“I’d buy that for a dollar!”
Meanwhile hedge funds and money makers:
“I’d buy that for a dollar!”