Damn, this is embarrassing
Money will mean nothing very soon
BYD sell 3 times more cars than Tesla but is valued 10 times lowerthe biggest chinese groups are not private (huawei) and can't' be on those lists
amerigods and chinkgods rule, who knew
>>225861622didn't GE break up?
>>225861622Half of top US companies which related to AI, are ponzi schemes who keep "investing" billions in circle between themselves inflating value.
i cant wait for nvidia to crash and burni will unironically dance when it happens
>>225861622Uhhhhhhh where is the EU?
>>225862679>>225862723trans?
>>225861622>we are in the Chinese centur--ACK!!!!
>>225861998Yes the original company split into 3 separate ones. GE aerospace is worth 320 billion by itself after going up 380% in the last 5 years.
>>225861622Literally none of this mattersI almost died in the past year because I didn't have health insurance
>>225862679Anthropic just filed their S-1 this week and everyone was pleasantly surprised, they have revenues from diverse clients and a lot of cash of hand, they're barely even in the hole. I remember a decade ago people thought Uber was a low-interest-rate phenomenon that only existed to burn investor cash
>>225864433Retard
>>225866175Buddy...they made like 16B and lost $80B to get that number. No matter what you think about it it's a financial bubble, I use Anthropic pro now but that's because it's 20$ per month, if they wanted to make a profit they'd need to raise my prices by at least twice, and I am never paying for that shit at $40, I'd just use the Chinese ones.
>>225861845Well yeah why would they be? They’re essentially just an organ of the state
>>225868891They have $132bn cash on hand and they've raised $141bn to date, they are not that far in the hole if everything suddenly hits a wall
>>225862679I like how people suddenly believe in finance if it looks negative, but if things are going well it's just printing money. Either call it nonsense or say it's real, this stuff has basically become a platform for criticism in the modern mind who does not know how the system works but definitely knows how to make it show the numbers they want to see.
>>225861845i dont think you understand how stock market works
>>225866175>I remember a decade ago people thought Uber was a low-interest-rate phenomenon that only existed to burn investor cashThey do that in order to gain a monopoly. That's the basic MANGINA playbook. Once they have a monopoly, they can do enshittification.
>>225866175>I remember a decade ago people thought Uber was a low-interest-rate phenomenon that only existed to burn investor cashand they were righti dont think uber even makes money at all
>>225872352I do not care about this at all. The reason this happens is because the market is not real, if the market was real people would do the same things again and again with 0 improvement. The only people who cry about this are nostalgia idiots who want everything to be flash frozen in time because they think all improvement or innovation is fixing something that isn't broken. I want the free market larp to end.
92% of those companies produce zero value to the humanity though...
>>225872503If this tech replaces bureaucrats and accountants it will be unequivocally the greatest contribution to humanity in history.
>>225872543This tech is essentially worthless and the bubble will burst soonAt no point has it been profitable, and the lend money has a due date
>>225872633Who cares about money? It's made up numbers on a computer, it's all debt now. The tech is real, it works, the money is fake and gay. Most consumers are idiots seeking profit is trying to appeal to retards.
American economy is mostly fake number going circles to prop up gdp, big news
kneel
>>225872352I can get a taxi from uber lyft or by calling one of the airport taxis. You could never get a quick ride from place to place in the suburbs before. I can order food through uber doordash grubhub or by calling the pizza place. You could never get anything but pizza and chinese before. Yet,>>225872454Uber became profitable around 2023 and has remained so. The business model works, and the people who said it wouldn't were wrong.
>>225873629>payment processing works>phones work>everyone has a carWho said Uber wouldn't work?
>>225873737Plenty of people did at the time. Some still cling to their neurotic pessimism in 2026...
>China's artificial intelligence and semiconductor-heavy STAR50 index has plunged 40% in less than four months, wiping out roughly $480 billion in market value as a two-year speculative rally comes to a sharp halt.It's over
>>225861622Why no Russia on there, Ivan?
>>225873793This is interesting insofar as China giving up would affect American politics on the issue. But AI is named as a New Quality Productive Force and I don't think the Party is going to let anything in their little finance playground stop it.
>>225873828China giving up means they're probably actually doing a communist thing for once and trying to expand industry elsewhere. Somewhere has the be the next China otherwise the IMF should be defunded. Hopefully it's Iran and the 1970s Iran memes come true, it's sure as hell not going to be India.
>>225874036You expect Iran to fill a gap in AI related industries that will left by China? Somehow idk.....
>>225874070Yeah, China went from making plastic knockoffs with 0 impact on software to doing AI stuff in like 10 years. Don't see why Iran couldn't, they already have a very sophisticated defense system and multilayered government. Turns out they weren't just another North Korean-esque dictatorship and we were lied to.
>>225874172In the first place, China is not giving up.https://english.www.gov.cn/policies/latestreleases/202610/09/content_WS6ac8d93ec6d00ca5f9a0d95c.html
>>225873793I'd doompost about China using this for weeks, but I used to say the same thing about China's Evergrande and look at China now.
>>225874271>The Communist Party of China Central Committee and the State Council have issued a set of guidelines aimed at accelerating the development of new quality productive forces to bolster high-quality development.>productive forcesFirst line seems like they stopped caring about AI and just want to expanding manufacturing. Which is an actual communist thing, but that also implies they're giving up on developing AI and just want to expand industry.
>>225874334>The guidelines call for fully implementing the "AI Plus" initiative, using artificial intelligence (AI) to transform traditional industries, accelerating innovation in AI and other digital and intelligent technologies, and promoting the widespread application of AI across industries.>>225874304True when it comes to doomposting but Evergrande really did matter, and it still does, it would be like saying in 2013 that the 2008 crisis didn't matter because look at America now
