Great analogy. ;-)
Doubt Jensen sees himself as a “dealer” but considering the vendor lock-in and margins, he pretty much is the Tony Montana of Ai Chips.
It’s nuts that this type of financing is legal.
Great analogy. ;-)
Doubt Jensen sees himself as a “dealer” but considering the vendor lock-in and margins, he pretty much is the Tony Montana of Ai Chips.
It’s nuts that this type of financing is legal.
It's like credit cards loaning money to people who are unemployed and will default on payments. It's a risky business that is legal and can be very profitable, but may also be disastrous in the future.
I don't see the problem as long as materially significant transactions by publicly traded companies are properly disclosed to investors. If someone loses money by buying NVDA then they have only themselves to blame.
>It’s nuts that this type of financing is legal.
You need people to burn in house fires for regulation to require extinguishers.
We're going to be the next generation’s cautionary tale.
It is legal because Jensen isn't selling drugs, payday loans are legal too!
It’s legal because both sides have armies of lawyers and are voluntarily entering into contracts where each party gets consideration.
How someone can compare the above situation to a person getting a payday loan to put a roof over their head or food on their plate is beyond me.
The “it’s like <insert wild and inappropriate analogy to stoke emotion>” is a tired trope.