Rd21Bn
Rd21Bn t1_jegrefd wrote
Reply to I shorted the Nasdaq AMA by Curiousdude925
thank you for your service, ser
you are the fuel we need in this bull market
Rd21Bn OP t1_je4a4wp wrote
Reply to comment by AutoModerator in The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn
im actually incredibly regarded, i just make shit up as i go so dont take me seriously at all, dud
Rd21Bn OP t1_je47sh9 wrote
Reply to The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn
to reply to u/WillKimball 's comment on my post for some reason i cant see it and cant reply to it.
>You clearly never understood macroeconomics 101. When people are unemployed how are they going to contribute to the economy without spending? When people don’t spend enough demand goes down meaning companies will drop their supply down. With supply down the company in effect will layoff people who are reliant on that product. This is a snowball effect that was in the industrial revolution, and we will see the massive inflation from that time period and the stagnation of wages return. With stagnation of wages and the layoffs to come we will see riots break out not just in cities be over everywhere.
yes even tho ur right ur not factoring into 2 considerations:
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if people are laid off that means inflation goes down so fed can cut rates and jobs will go back up again, and also ai will create new jobs/companies, tons of them. which you can read it says in that article i linked.
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you are not accounting for the fact that ai will massively improve efficiency and productivity, therefore lower the cost to produce products and thus lower the cost to meet the lower demand. overall, there will be a huge abundance of supply and since their costs are also cut they dont have to lower their supply, they can actually lower prices. but assuming you are extremely bearish then our thesis are opposite so you can buy puts and we'll see what happens
Rd21Bn OP t1_je46fdf wrote
Reply to comment by Shakedaddy4x in The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn
ndx is just the index of nasdaq, so yes qqq or tqqq would be equivalent.
Rd21Bn t1_j8l7z6a wrote
Reply to McDonald’s new AI ordering system isn’t exactly going to plan according to bewildered TikTokers by AliWS80
The problem with having AI ordering is they didn't account for humans like TikTok'ers with the attention span of 5 seconds and blabbering to their friends and laughing while making an order, purposely making it as hard for the AI to understand as possible, and then being surprised that it cannot get their order right. They are doing it on purpose to get attention, as TikTok'ers do.
If you spoke to it slowly and clearly, and only speaking out the name of the item you wish to order instead of a bunch of comments and saying things to someone else other than the AI you are ordering from while in the middle of your order, I'm sure it would do fine.
The problem is that isn't what would happen in real life, so they would have to make it so you'd have to use the app to make the order and have the AI scan the code from your phone or something, or have an outdoor kiosk to make your order instead of trying to use voice recognition to take the orders, hoping that the person ordering won't say a bunch of words that don't have to do with the order itself, while laughing hysterically the whole time and claiming that it's not working. People are just stupid and annoying, and AI will never be able to get past that.
The only part of the job the AI should do is preparing the actual order and delivering it to the customer. The AI voice-recognition will probably never be advanced enough to understand a person talking in real-time and being able to properly distinguish between what they are saying as a part of the order or not, especially when they are purposely being as hard to understand as possible, which is what you see the TikTok'ers doing..
Imagine if I went to a drive-thru and instead of making a simple order I just talked up a storm next to the drive-thru order the whole time and laughing to my friends. That's just called being rude and annoying to the human taking your order. But for an AI, they cannot tell them to stop.
Rd21Bn t1_jegs5eb wrote
Reply to OK analyst by Affectionate_Lab_425
hahah look, a blue penis