Dot com bust vs. A.I. Mania: Comparing 1999 and 2023
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- Опубликовано: 13 июн 2023
- Tech has come roaring back in 2023. And the biggest narrative this year - artificial intelligence. If it feels like a moment of gigantic hype - you wouldn't be mistaken. But so was 1999. This week on TechCheck - comparing two moments of hype: the dot com bubble and AI mania. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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![Natti Natasha - Quiéreme Menos [Official Video]](http://i.ytimg.com/vi/R57RrTjRGxk/mqdefault.jpg)
Are we in the club with this music?
Way too loud
Please turn the music down so we can hear the speakers.
OUR TOMATOS HAVE AI IN IT TO MAKE THE KETCHUP BETTER - Heinz
unfortunately for the future bagholders, they will learn the hard way that its NEVER different this time....if you don't get confirmation in the form of how this AI will be accretive to earnings in the form of ACTUAL ORDERS instead of mentioning AI a thousand times, you will see a rug pull thjat will make your head spin!
She's so charismatic n fluent
that background music is totally unnecessary!
Agreed it's not a bubble ... But has all the hallmarks of the start to one, it will get there
7 months later, it sure is ready to pop. I don’t understand how NVDA is valued at $1.7T or who is buying it.
I am here for the music :D
Awesome video 👏👏👏 let’s not confuse a bubble burst with a pullback.
it is different this type, this is all mega cap tech. You can call it a bubble if you want, you can still make money in bubbles
Yo sick beat DJ D-Bo 🔥
Nvidia P/E ratio currently is 221 and 40x revenue …. This is textbook bubble. But it can stay there for longer we can think but can’t deny it’s a bubble
@@billyracks mkt baked absurd level of hope, we will see about that in the next few Qs. whatever i say Price is the greatest arbitrator - it is correctly valued at 55 x f P/E as long as people willing to pay
Aged like milk.
Jim Cramers comment worries me.
Nvidia is wildly overvalued. What distinguishes Nvidia's GPUs from its competitors? Software. Nvidia had the foresight to understand that GPUs can be used for parallel processing. Nvidia created a software library (CUDA) that serves as a bridge between an Nvidia GPU and a PC. With that "bridge," deep learning applications can send certain (matrix math) processes to the GPU to be processed in parallel which greatly reduces the time to train a deep neural network. What prevents any other GPU maker from creating a similar bridge for their GPUs? Nothing. I suspect AMD, Intel, and others are creating the needed software bridges to make their GPUs accelerators for Deep NN. Nvidia has a first-mover advantage in AI but it won't last forever.
A friend from AMD said they are 10+years behind
@@RF20TB12 no question all others are behind Nvidia, the real question is how quickly they gain ground. Nvidia doesn't have to be passed to be hurt by competition.
CUDA its a thing for over 10 years now, no one catchup yet on that.
@@lakeguy65616 10+ years based on the comment from AMD employee
@@andvfx AMD, INTC, others didn't see the importance of Cuda until now. AMD recently released NN acceleration chips. Google developed its own AI chips, I expect them to license them to others... INTC is sure to release something soon. If you buy Nvidia today, best of luck. Great company but wildly overpriced.
Is she really comparing p/e with forward p/e? 😂
Yeah...she did
Every tech company after laying off employees left and right. "Hold my beer." 🍺
Yes I dont care if this is related to the video as long as I can help someone for real
Palantir should be top of the list when talking about Ai.
If we are calling it a mania then this bubble still has way more room the go. Never underestimate the bull market ability to rocket 🚀 up to moon and travel faster than the speed of light and straight to the next galaxy. It’s “different this time”…. It’s always different this time… let’s watch this video again in 1 year to see how far this went
Why wouldn't a " ketchup company " mention ai" ? AI is applicable to anything or any business, any service in need of reach/improvement ( all sectors) . PS. This show is talking about "AI" for viewership.
Interest rates does not have anything to do with bubbles. Interest rates in 99 were higher than 5%.
Quantitative Easing... last couple years the Fed was buying S&P500 via investment banks by 100-120 Billion each MONTH....
it will be bubble when interest rates are 2pct again and Microsoft is 200 P/E
Always remember PayPal. This channel was pumping it at ath….
Look now, where is the promised cost savings from AI? It was all speculative and inflationary
Nvidia stock is at 777 now 😂
nvda is starting to look like a bubble, it made +330% in last year!
market is not going much higher too because of historic high inflation....
Last famous words “AI” …. Bfr it was dark 😊
Infomartial
The last years drove me crazy and first time I smiled was with EBY15SL Im not kidding its real
Amazingly blind journalism imo. Selling the public how we totally aren’t in a bubble. Troubling to me.
AI you say? No thank you, say I.
Most people don't have any idea how AI works and so have no idea how the future will unfold. But that doesn't prevent talking heads on news programs from making forecasts. If you buy something you don't understand, don't be upset when you lose money.
Hainz Ketchup
Interesting talk about eBay’s EBY15SL I suggest anyone to listen to the guy talking about it in the video. Personally I didnt think they would really do that but seems like the launch just happened and there are enough slots...
What's the deal with this DJ set background music?!
todays p/e for Nvidia is 200+
it could reach 400 if the "E" doesn't delilver
We can do without the distracting background music
NVDA P/E is not 51. Please fix that
nvda PE is 233 not 55... come on lol
AI making new highs
She is too perfect, must be ai generated 😂
Sure, here is a comparison of white collar work in 1999 and 2023:
Technology: The biggest difference between white collar work in 1999 and 2023 is the advancement of technology. In 1999, computers were still relatively large and bulky, and the internet was in its early stages. Today, computers are much smaller and more powerful, and the internet is ubiquitous. This has led to a number of changes in the way white collar workers work, including:
Increased collaboration: White collar workers can now collaborate with colleagues and clients from all over the world, thanks to video conferencing and other online tools.
More data-driven decision making: White collar workers now have access to a vast amount of data, which they can use to make more informed decisions.
More automation: Technology has led to the automation of many white collar tasks, which has freed up workers to focus on more creative and strategic work.
Globalization: The world has also become more globalized in the past 24 years. This has led to an increase in the number of white collar jobs that require international collaboration. White collar workers in 2023 need to be able to communicate and work effectively with people from different cultures and backgrounds.
The environment: The environment has also become a more important issue in the past 24 years. This has led to an increase in the number of white collar jobs that focus on sustainability and environmental protection. White collar workers in 2023 need to be aware of the environmental impact of their work and make decisions that are sustainable.
Society: Society has also changed in many ways since 1999. In 1999, women were underrepresented in white collar jobs. Today, women make up nearly half of all white collar workers. The LGBTQ community is also more visible and accepted in the workplace today than it was in 1999. These changes have led to a more diverse and inclusive workplace.
Overall, white collar work has changed significantly in the past 24 years. Technology has advanced, the world has become more globalized, the environment has become a more important issue, and society has become more diverse. These changes have had a profound impact on the way white collar workers work.
Imagine a huge TV like CNBC suggesting that a 1 trillion company at 41 P/S ratio is a good buy.
Of course, it is not a "bubble"... Still, it will contract and crash fast and hard. Stay woke and do not cash out too late.
When stocks and common assets decrease 70-90% eBay’s EBY15SL is actually the counter to that. Hope you guys knew that already, if not you do now
Detach etf from stand alone share … NvDA is 1T in 99 whole tech market was not 1 trillion inflation adjusted. Use some common sense.
I think I want to spend a comment on the fact that eBay’s EBY15SL has the highest ambition Ive ever seen with anything or anyone.
Not overvalued lol
😋
Lol
I wanna let you know that eBay’s EBY15SL made it this year What better way to start a global change? Dont get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so
The year began and something is already making it better than the entire 2022. eBay’s EBY15SL came out and its such a great thing no matter where you come from.
Nvidia will earn 100 billion within 2 years
What is that annoying background music for?
AI has no real use, lady.
let's blame the retail "investors" ..... 🤠
nvidia is still cheaper it seems after 1 year of this video ... wuhooo
You know these people are clown when they compare P/E with forward P/E
It cracks me up listening to the media try and explain AI as if it was another Dot Com craze with them at the end asking when it will stop. Sorry, due to the breakthrough in processor power AI is here to stay and yes will replace many if not all jobs. Our world is changing by the minute now and we need to get ready for the future. SkyNet is here. (not as bad as the movie made it out to be but the same idea). AI is here due to the power of what bitcoins gave us oddly enough. How powerful are the future computers of today? A computer's CPU if programed to count to 1 to 100 would start out as: 1-2-3-4-5 up to 100. Whereas if a GPU to run the same program to count to 1-100 would count 1-100 in one tick.
I think you should touch some grass, SkyNet lol
In so many ways the worst is behind us.eBay’s EBY15SL does the EXACT right thing to turn around and everyone reacts already, whether that is big companies or just individuals its a global revolution and not to be missed. But I am just a guy commenting,
Stop with the background music already! We have been complaining about it ever since you added it. Way too distracting. Just stop it.
If you are into it or not does not matter, eBay’s EBY15SL is the right thing for this world now
What a crazy time, we had all this bad stuff going around and now eBay’s EBY15SL finally shows what happens when vou do something smart with your life. Sounds crazy I know but this is actually the first time I was really