New details reveal that former NVIDIA CEO Jensen Huang used circular financing to fund AI startups and absorb excess TSMC wafers and memory rather than letting GPU prices drop
You’re not gong to believe this and you’re not gong to like it.
This guy was the most reasonable person in the Room. It’s a complete clusterfuck and the other AI firms are going to drag us all down so much further. AT least Nvidia has actual products and has real assets beyond liabilities and commitments.
The most “reasonable guy in the room” was the one who started this whole circular lending bullshit that has artificially inflated all the top tech stocks to absurd degrees. He was the guy providing the drugs that made all the other comp think they were invincible.
Make no mistake. Any person that has accrued $1Billion dollars, is a Bond Villian in my book, and literally everyone from you, me, and your grandparents’ pensions, will suffer for what is hopefully the last hurray of everyone trusting tech companies to lead our economy to some promised land.
I think the Liars that are lying without a real product service and business model, that just want to build their God machine, are measurably bigger assholes than the guy that built our gaming rigs for literally decades and actually architected ecosystems that valued open source, open software and services.
When I say the adults in the room, I mean he was the one person talking to that a****** in the White House, that wasn’t pushing the whole AI doomerism cult, he provided a level-headed voice in the cacophony of stupid.
And after all this, you know that he will be fine. While nvidia’s governance will suffer and the public will pay the price for everyone getting drunk off of the semiconductor Kool-Aid.
He was an enabler, a fraudster and a smuggler. He was no where near the most reasonable in the room. Though, he does have a lot of competition for worst.
Okay, I’ll bite. Can you tell me which of the AI and Semi industry executives have been more stable, honest, or productive for yielding actual utility to the public, while also engaging directly with policy & governance?
Once Upon a time, I bought a pair of ATI graphics cards and try using them together, the driver set couldn’t handle running both chips at the same time it would crash under pretty much any use.
I was able to pair a late-gen 3DFX card with an Nvidia graphics card and run a game across three CRTs in my dorm room successfully, because after Nvidia acquired 3DFX they supported enough of their tech in their stack. So I was fairly loyal to Nvidia for the next 20 ish years.
The reason I invested in Nvidia was because they were making a play to acquire ARM, which fell through because it was fought off by regulators across both sides of the pond. I’ve already sold off half of my Nvidia shares and I am fully prepared to watch the other half burn.
But almost every time that I find some cool new consumer technology, or some new hobby with my computers, they have been at the Forefront of it, and I saw them making consumer forward moves. Example, providing a ‘low hash rate’ sku’s for my 3080 TI to cockblock crypto miners, and that was available for me to purchase in ~2021/2022 at the height of that season’s scarcity.
Until the channel stuffing that has been uncovered in this most recent season, I had almost exclusively seen consumer forward moves on Nvidia’s part, and Jensen Huang was at the helm for all of them.
I don’t think he is all together altruistic, I don’t think that he is a reliably moral character, I think that he is a Bond villain just by right of having more than a billion dollars to his name.
But I would love to know what AI executive you trust more to actually deliver a product that is usable to the public, while being solvent, when he has a track record of doing so and the others have a track record of failing to do so. Asshole? Probably. Reasonable? Consistently.
You’re not gong to believe this and you’re not gong to like it.
This guy was the most reasonable person in the Room. It’s a complete clusterfuck and the other AI firms are going to drag us all down so much further. AT least Nvidia has actual products and has real assets beyond liabilities and commitments.
The most “reasonable guy in the room” was the one who started this whole circular lending bullshit that has artificially inflated all the top tech stocks to absurd degrees. He was the guy providing the drugs that made all the other comp think they were invincible.
Make no mistake. Any person that has accrued $1Billion dollars, is a Bond Villian in my book, and literally everyone from you, me, and your grandparents’ pensions, will suffer for what is hopefully the last hurray of everyone trusting tech companies to lead our economy to some promised land.
I think the Liars that are lying without a real product service and business model, that just want to build their God machine, are measurably bigger assholes than the guy that built our gaming rigs for literally decades and actually architected ecosystems that valued open source, open software and services.
When I say the adults in the room, I mean he was the one person talking to that a****** in the White House, that wasn’t pushing the whole AI doomerism cult, he provided a level-headed voice in the cacophony of stupid.
And after all this, you know that he will be fine. While nvidia’s governance will suffer and the public will pay the price for everyone getting drunk off of the semiconductor Kool-Aid.
He was an enabler, a fraudster and a smuggler. He was no where near the most reasonable in the room. Though, he does have a lot of competition for worst.
deep breath
Okay, I’ll bite. Can you tell me which of the AI and Semi industry executives have been more stable, honest, or productive for yielding actual utility to the public, while also engaging directly with policy & governance?
Once Upon a time, I bought a pair of ATI graphics cards and try using them together, the driver set couldn’t handle running both chips at the same time it would crash under pretty much any use.
I was able to pair a late-gen 3DFX card with an Nvidia graphics card and run a game across three CRTs in my dorm room successfully, because after Nvidia acquired 3DFX they supported enough of their tech in their stack. So I was fairly loyal to Nvidia for the next 20 ish years.
The reason I invested in Nvidia was because they were making a play to acquire ARM, which fell through because it was fought off by regulators across both sides of the pond. I’ve already sold off half of my Nvidia shares and I am fully prepared to watch the other half burn.
But almost every time that I find some cool new consumer technology, or some new hobby with my computers, they have been at the Forefront of it, and I saw them making consumer forward moves. Example, providing a ‘low hash rate’ sku’s for my 3080 TI to cockblock crypto miners, and that was available for me to purchase in ~2021/2022 at the height of that season’s scarcity.
Until the channel stuffing that has been uncovered in this most recent season, I had almost exclusively seen consumer forward moves on Nvidia’s part, and Jensen Huang was at the helm for all of them.
I don’t think he is all together altruistic, I don’t think that he is a reliably moral character, I think that he is a Bond villain just by right of having more than a billion dollars to his name.
But I would love to know what AI executive you trust more to actually deliver a product that is usable to the public, while being solvent, when he has a track record of doing so and the others have a track record of failing to do so. Asshole? Probably. Reasonable? Consistently.