I really want to live in a world where one man cheating on his wife with a Chinese spy is what causes a global economic recession and price correction.
I really want to live in a world where one man cheating on his wife with a Chinese spy is what causes a global economic recession and price correction.
Yeah, we invented democracy so we wouldn't have to live at the mercy of the whims and personal dramas of a few ultra wealthy and powerful people, but a few decades of deregulation and here we are...
Yeah, we invented democracy so we wouldn't have to live at the mercy of the whims and personal dramas of a few ultra wealthy and powerful people, but a few decades of deregulation and here we are again.
I said the exact same thing in a group chat. "I can't believe the global economy is gonna crash because some GPU CEO cheated on his wife with a Chinese spy.This sounds like a Metal Gear Solid plot"
I said the exact same thing in a group chat.
"I can't believe the global economy is gonna crash because some GPU CEO cheated on his wife with a Chinese spy.This sounds like a Metal Gear Solid plot"
NVIDIA's stock price is down a fair bit but I don't see why that would cause a crash? Would the next CEO change NVIDIA's strategy in a way that people will notice?
NVIDIA's stock price is down a fair bit but I don't see why that would cause a crash? Would the next CEO change NVIDIA's strategy in a way that people will notice?
I think the issue is that the org structure of Nvidia is weird and another CEO would have a very difficult time stepping into it. Not to mention Jensen is still the largest shareholder. The board...
I think the issue is that the org structure of Nvidia is weird and another CEO would have a very difficult time stepping into it. Not to mention Jensen is still the largest shareholder. The board is filled with his buddies.
Wow. This might be a spectacular fall from grace, and given NVIDIA’s central role in the LLM explosion, might have serious ramifications. (Some background: Jensen had affairs with a suspected...
Wow. This might be a spectacular fall from grace, and given NVIDIA’s central role in the LLM explosion, might have serious ramifications.
(Some background: Jensen had affairs with a suspected Chinese spy, and an NVIDIA executive.)
Jensen is popular, but I think mainly as a meme character due to his leather jacket and as a mascot for LLMs. I'm sure the negative sentiment will drop the stock. But this hasn't materially...
Jensen is popular, but I think mainly as a meme character due to his leather jacket and as a mascot for LLMs. I'm sure the negative sentiment will drop the stock. But this hasn't materially changed a lot for the business, his overall direction will be maintained at the company and nvidia is probably going to get a more boring and stable CEO. I imagine most of this is going to blow over a month after he's out.
Also the fervor people seem to have for this to act as some kind of catalyst to pop the AI bubble is sort of concerning. I realize it might be cathartic but an actual recession level correction is going to make everything worse for everyone.
I just think it would be entertaining. I wouldn't push a "start a global recession" button. But for an event I see as likely in the near future it might as well happen for a funny reason.
I just think it would be entertaining. I wouldn't push a "start a global recession" button. But for an event I see as likely in the near future it might as well happen for a funny reason.
The succession plan isn’t obvious? As far as I I’ve been gathering online, there isn’t a clear #2; he wasn’t preparing someone to take over. There are companies whose reputation is driven...
But this hasn't materially changed a lot for the business, his overall direction will be maintained at the company and nvidia is probably going to get a more boring and stable CEO.
The succession plan isn’t obvious? As far as I I’ve been gathering online, there isn’t a clear #2; he wasn’t preparing someone to take over.
There are companies whose reputation is driven primarily by the CEO (Musk’s companies being the notorious example). My impression is that Nvidia is kind of like that with Jensen, which is why people are saying the things they are. I’m sure you’re right that the effects will be exaggerated.
I thought the Chinese spy thing was cool so he deserved some kind of forgiveness, but this new affair is pretty lame, so I'm hoping he gets sacked. After getting an extremely generous severance...
I thought the Chinese spy thing was cool so he deserved some kind of forgiveness, but this new affair is pretty lame, so I'm hoping he gets sacked. After getting an extremely generous severance package bigger than my entire life earnings of course.
My reaction to this news: Laughter. Schadenfreude. 'BLEEP YOU JENSEN!' So, if that happens, that feels nice to me. But that's all, it just feels nice. It's not really justice, I'm sure he has a...
My reaction to this news:
Laughter.
Schadenfreude.
'BLEEP YOU JENSEN!'
So, if that happens, that feels nice to me. But that's all, it just feels nice. It's not really justice, I'm sure he has a stupid level of personal wealth to fall back on.
What I would really like to see is him convicted after a criminal investigation and trial, stripped of all assets, and put in prison to rot. He has played a major part, central even, in orchestrating what I believe to be one of the most damaging financial bubbles we will ever experience. And he cozied up to a wannabe dictator, supporting the destruction of American Democracy in the process, all for more wealth which he already had enough of. Not that people who get to that level of wealth ever look at it and think anything other than 'More'.
I really want to live in a world where one man cheating on his wife with a Chinese spy is what causes a global economic recession and price correction.
Yeah, we invented democracy so we wouldn't have to live at the mercy of the whims and personal dramas of a few ultra wealthy and powerful people, but a few decades of deregulation and here we are again.
I said the exact same thing in a group chat.
"I can't believe the global economy is gonna crash because some GPU CEO cheated on his wife with a Chinese spy.This sounds like a Metal Gear Solid plot"
NVIDIA's stock price is down a fair bit but I don't see why that would cause a crash? Would the next CEO change NVIDIA's strategy in a way that people will notice?
I think the issue is that the org structure of Nvidia is weird and another CEO would have a very difficult time stepping into it. Not to mention Jensen is still the largest shareholder. The board is filled with his buddies.
Wow. This might be a spectacular fall from grace, and given NVIDIA’s central role in the LLM explosion, might have serious ramifications.
(Some background: Jensen had affairs with a suspected Chinese spy, and an NVIDIA executive.)
Jensen is popular, but I think mainly as a meme character due to his leather jacket and as a mascot for LLMs. I'm sure the negative sentiment will drop the stock. But this hasn't materially changed a lot for the business, his overall direction will be maintained at the company and nvidia is probably going to get a more boring and stable CEO. I imagine most of this is going to blow over a month after he's out.
Also the fervor people seem to have for this to act as some kind of catalyst to pop the AI bubble is sort of concerning. I realize it might be cathartic but an actual recession level correction is going to make everything worse for everyone.
I just think it would be entertaining. I wouldn't push a "start a global recession" button. But for an event I see as likely in the near future it might as well happen for a funny reason.
I didn't mean to imply you would, I was mostly referencing some reddit threads on the topic. I get the absurdity of it can be funny.
The succession plan isn’t obvious? As far as I I’ve been gathering online, there isn’t a clear #2; he wasn’t preparing someone to take over.
There are companies whose reputation is driven primarily by the CEO (Musk’s companies being the notorious example). My impression is that Nvidia is kind of like that with Jensen, which is why people are saying the things they are. I’m sure you’re right that the effects will be exaggerated.
Mark my words, he'll be back within the next year or two once everyone has forgotten about this.
How would that work? Isn't the whole company based around him?
I thought the Chinese spy thing was cool so he deserved some kind of forgiveness, but this new affair is pretty lame, so I'm hoping he gets sacked. After getting an extremely generous severance package bigger than my entire life earnings of course.
My reaction to this news:
Laughter.
Schadenfreude.
'BLEEP YOU JENSEN!'
So, if that happens, that feels nice to me. But that's all, it just feels nice. It's not really justice, I'm sure he has a stupid level of personal wealth to fall back on.
What I would really like to see is him convicted after a criminal investigation and trial, stripped of all assets, and put in prison to rot. He has played a major part, central even, in orchestrating what I believe to be one of the most damaging financial bubbles we will ever experience. And he cozied up to a wannabe dictator, supporting the destruction of American Democracy in the process, all for more wealth which he already had enough of. Not that people who get to that level of wealth ever look at it and think anything other than 'More'.
So should I sell NVIDIA stock now or next year when It goes back up??