Tim boosted

Well, well, well, Peter Thiel in the last days/weeks (according to regulatory filings in the US) has sold his entire stake in Nvidia (a key stock linked to Artificial Intelligence) & has reduced his Tesla holdings... given Thiel is at the centre of many TechBro-ocracy, if he's bailed out of Nvidia in the last weeks, I think its safe to say the AI bubble is about to burst....

Time to batten down the hatches folk... and watch out for the 'too big to fail' crowd

#AI #economics #FinancialCrisis

Tim and 6 others boosted
3

Well, well, well, Peter Thiel in the last days/weeks (according to regulatory filings in the US) has sold his entire stake in Nvidia (a key stock linked to Artificial Intelligence) & has reduced his Tesla holdings... given Thiel is at the centre of many TechBro-ocracy, if he's bailed out of Nvidia in the last weeks, I think its safe to say the AI bubble is about to burst....

Time to batten down the hatches folk... and watch out for the 'too big to fail' crowd

#AI #economics #FinancialCrisis

3