This is a weird article, it is all me, I get that. But when you think of it, the setting we are given does not make sense. So here I was reading the article in the BBC less then an hour ago (at https://www.bbc.com/news/live/c6zjry11v8w1t) where we see ‘Nvidia shares plunge as board reportedly weighs ousting CEO Jensen Huang after second affair allegation’ so business people cut their own wrists as someone has an affair? This is not some affair involving children like Epstein (see the Epstein files). It is allegedly the setting of one adult person shoving his penis into another person of a different gender and they are doing that apparently with consent. As such its board is ousting its CEO. If that was even really the case around (a speculative) 69% of all CEO’s would be pushed into the street.
So we are getting:
- Stocks in the firm have plummeted after the New York Times reported that Huang had a second affair with an executive at the company.
- Earlier this week, the CEO admitted he had been “unfaithful” to his wife and apologized to her and their children.
- Jensen Huang has been crucial to Nvidia’s success and were he to be ousted, successors are thin on the ground, our technology reporter writes.
So the guy, the genius behind Nvidia likes sex? That gets him a place that is graced by every man under 40 on the planet. And lets consider Nvidia is (according to some) “Nvidia Corporation is an American multinational technology company headquartered in Santa Clara, California, that designs and sells graphics processing units (GPUs), artificial intelligence (AI) hardware, and computing platforms.” Is anyone accepting this story? Or is it possible that the first signs of an AI bubble are being hidden like a storyline in Peyton Place? So are the 11 board members of Nvidia really these presumed prudes of society, or are they perhaps facing a much worse setting and they are trying to keep safe their ‘earnings’ until they can put it into safe shores? So, whilst we are given in some statistics “Globally, research indicates that around 20% to 23% of married men admit to physical infidelity” the operative word here is ‘admit’. You see, when I was young (a long, long, long time ago) I worked in bars to get by as a student we had a saying over 80% of men are unfaithful, they either already are or they are going to be. There is no exception to that. And in that world Jensen Huang gets happy without Viagra and for that, that firm stocks plummet? How sanctimonious can one get?
As I see it, the AI party is over and the big ones are now shedding their trillions. Nvidia is the likely first, because it is the one dealing in GPUs, a essential part in all that and when AI goes no-one needs GPUs, but if they make it about infidelity, perhaps no one will be looking out of the corner of their eyes to the other firms. That is how I see it.
So, am I right, or am I wrong?
It is a fair question and answering that question reveals where you stand. Would you stomach an infidelity of a man (when it is not your wife) putting trillions at risk, or would you shrug your shoulders silently stating ‘lucky bastard’, because in thousands of places by dozens of women, their are too ‘sexy’ in the mind of some and they are willingly giving it away (consent will at all times be mandatory). You see it hotels and motels keep thorough records of the visitations, too many have going with their wife or husband whist their actual wife or husband is out and about, or slaving in their offices. So when you realise that Nvidia, a firm worth 4.19 trillion, with a market capitalization stands at approximately $4.30 trillion to $4.65 trillion, with shares trading around $170 to $184. It is now $158. This is not about someone being horny, or whatever the BBC is referring to. When it is about that much money it is about something else and as I see it, the arrival of the bursting AI bubble makes a lot more sense.
I’ll let you decide and consider that whilst you are valuing others, others value you too. Because saucer the goose, sauce for the gander is only fair. Now, let it be said that my version is pure speculation, but it is grounded in facts. There has been months of AI bubble speak and as far as
I can tell massively denied by Masayoshi Son (SoftBank) for months. Is this the first pebble that is now plunging in the waves of speculative acceptance of fake AI? And when this comes to blows and AI is seen as fake, will the boards of Amazon, Microsoft, Oracle, Google and Meta realise that they suddenly need a lot more workers than they have? For that matter, when we get to Microsoft with their “Satya Nadella imagines millions of AI agents working with Microsoft’s employees, as Microsoft offers voluntary exits to about 60000 workers.” But here is the rub. You see, as I saw it from the very beginning, there is no AI. It is a mere form of advanced Predictive Analytics. It is a fine tool, but it is a tool and when the inaccuracies and unvalidated data hit those millions of AI agents something will have to give and anyone relying on those AI agents will suddenly see that the workforce they had was doing a lot better and a larger readjustment is needed. As such as I see it, my valuation and those of my peers who are to be in the millions all over the planet are suddenly worth a lot more, because when you do business on unvalidated and unreliable data. Your sales pipeline goes seemingly nowhere.
But what do I know? I am now old and rejected by those smart AI speaking people. What I laugh I’ll have from the sidelines. And they are all boasting to their friends in their Mercedes-Benz with a brand new (younger) girlfriend. So what happens there? I actually do not care. I can just laugh at the sidelines when they impound that car and likely a lot more. That was the impact of a bubble, but who knows. Maybe I was wrong all the time and Masayoshi Son was right. In my reality I am more right then wrong and we are all based on ethical values whilst they all protect the family of Jensen Huang.
You all have a great day today.
