this post was submitted on 13 Aug 2023
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As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.

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[–] GenderNeutralBro@lemmy.sdf.org 158 points 1 year ago (3 children)

The best way to make money in the gold rush was selling shovels.

Same idea here. Nvidia is making bank.

[–] bitsplease@lemmy.ml 47 points 1 year ago

And that's before you even point out that they were also making bank from the last gold rush

Good time to be in the GPU business

[–] 9488fcea02a9@sh.itjust.works 14 points 1 year ago (4 children)

If nvda selling shovels, what is tsmc?

[–] fiah@discuss.tchncs.de 21 points 1 year ago (1 children)
[–] sirjash@feddit.de 7 points 1 year ago
[–] knaugh@frig.social 2 points 1 year ago

shovel making equipment

[–] pexavc@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

they are the shovel

metaphors

[–] pexavc@lemmy.world 6 points 1 year ago

Heard of something similar in the past. "Be the Arms dealer"