Every bubble has its poster child.
This time, there is a lot of Gavin Baker, Altimeter Capital, Ron Baron.
And Jensen is like a superhero - going everywhere, striking deals.
I truly hope we are in a bubble that grows wild
Why?
May you live in interesting times; as the old saying goes. (Intgly, Google AI mode corrected me saying that its not chinese by origin!)
The polarity of AI usage is amazing.
Burry, Kakashi, Ed Zitron, Databricks - they are on the other side. That the accounting, and the utility and circularity are all unsustainable or suspect.
On the other hand, with Berkshire backing Alphabet, and mega primary capital raises - along with significant cash flows going to the chip makers such as Lam, ASML, AMD, NVidia, Broadcom, and the 3 memory guys.
What we get is a concentrated new capital cycle .
And then we have the narrative of: Uber, Zepto, Airbnb, Booking.com, Gaming.
That the beneficiaries of these waves can be app developers who are solving particular problems, and ultimately, consumers.
May you live in interesting times.
