The AI Bubble is about to Collapse [URGENT Black Monday WARNING].
ฝัง
- เผยแพร่เมื่อ 28 พ.ค. 2024
- 🚨 ✅ 🚨 Kevin's Courses on Wealth w/ Private Livestreams (Real Estate, Stocks, Productivity): meetkevin.com EXPIRING May 31, 2024 at 11:59pm These are educational courses and past performance does not guarantee future results.
C3AI earnings stock AI
Nvidia earnings stock NVDA
Salesforce earnings stock CRM
UI Path earnings stock PATH
Artificial intelligence bubble and Black Monday.
📝Disclaimer:
This video is not personalized advice for the viewer.
#meetkevin #trading #money
![[Watch Party] RoV APL 2024 Bacon VS Earena](http://i.ytimg.com/vi/I5XAoIs-r6o/mqdefault.jpg)
“Not like a colonoscopy” - LMFAO had me rolling 😂
Finally, the world realises that AI is not really AI......its just a large database of information that the computer picks the most likely answer to the question being asked of it. Not really AI at all right!
Saying the computer picks the most likely answer from a database is an oversimplification. More accurately, the computer picks the most likely token (a few characters), given all the previous tokens in the conversation and the response being generated. There’s also randomness to the picking, determined by the seed number. Because of this, it would be almost impossible for a correctly trained model to reproduce exactly some piece of text that it was trained on.
PLTR just got 480M contract not worried about PLTR plus they dont have LLM's they have a platform for data completely different
There's also a possible data problem with AI in general:
1) Getting more good quality accessible data is getting harder and harder to do. Look at what happened to Google's AI telling people to put glue in their pizza. This is from them literally scraping the internet for data (not a great idea). They need correct fact based data to training their AI.
2) There have been studies of how you need exponential amount of training data to get linear improvements in current AI.
3) Combining with 1) and 2) no one has the time or workforce to produce quality data at an exponential rate.
There's naturally likely going to be a plateauing effect on AI advancement at least based on the information we have now.
Bla Bla Bla Bla .... Just shiny title .... Coupon Coupon Bla Bla Bla
so true
Not for me - I found it interesting and informative! I don't mind him pushing his products. I bought the S&S one actually so I see his trade posts.
@@zacgaming1008 he said literally nothing, that is so true? 🤣🤣🤣
Someone just bought the ATHs
Software deflation. This is what Jensen Huang meant that you "can't just do pure software dev as a career anymore". Who says only software companies buy their chips? Generative AI is applicable in so many other industries, like materials science, biology, animation, but they aren't cash rich as the software companies so they can't compete bidding for chips as much. Considering that in the demand curve, Nvidia is in a stronger position than the other megacaps, so the AI bubble "crash" might just end up as a "soft fizzle" for Nvidia, and a crash for tech companies selling software.
Exactly, they will make cheaper chips but sell more later.
What a bunch of clownery, you think chatgpt can build real software? go ahead and build with it. it is no more than a better fancier autocomplete (github copilot), makes programmers more productive by 20% at best, but can't replace them.
Keven you said AI is in a bubble 6 moths ago and Nvidia keeps going up
He's dumb and poor. I've been all in on nvidia for 25 years. NEVER SELL!
I want all the AI stocks to tank
I don't
I like it.
Sounds like u missed the boad
I look forward to everyone being out of a job.
The Facebook AI is very Biased.😮
Bearded Kevin is usually a bearish sign😂
You flipped out with excitement when earnings hit for Nvidia. Come on man pick one….. Bull or Bear.🤡
hes about making money not about being bull or bear
My friend , the ai bubble has only just begun
I built a salesforce replacement for a company over the last year and saved them 200k. Sf is overprice.
All these AI Hype companies. Looks like Tesla is one of the only companies actually creating something new besides chat bots...
Bubbles everywhere! Pop!
Yeah NVDA a lot of hype …..
tesla? lol
@@jkim4656 yeah, the company beyond just automobiles...Solar, Energy Storage, Fast Charging Stations, Robotics, Autonomous Driving (WAY closer than any other), so on.
Tesla is dead 💀
MEET FUD
yes
In paid subscription group does he trade options ? Or just shares ?
Heard this before, where are you getting your advise Cathy wood?
*advice
These tech companies aren’t necessarily betting on immediate return, they see that if they don’t keep up when it turns a corner they could become obsolete overnight if they don’t stay up front
I think they know there will be a return hence the investment in AI; less customer service employees , less marketing , less coders, less manual labor at machine factory, less data analyst, less bank tellers, and more AI agents. AI agents cost less per hour than human hour.
24/7 365 kind of like @MeetKevin IRL. LOL
You’re ahead of yourself. It’s only one company. The problem can be company specific.
LMAO. Brah. Janet won't take her hand off the print button and all the banks are insolvent. 😂
The coupon is expiring every Friday.
what does this have to do with monday?
Sam Altman recently talked about this problem. He said that everyone starts saying that they are an AI company, but as he said , company still has to make a good product. He made a reference to the start of mobile era when apparently everyone called themselves a mobile company
I think your right on, competition kills price
Thanks, Kevin
At some point Nvidia can and will pop the market.. once fear sets in and that stock price starts to unravel.. watch out.
That’s the buying opportunity of a lifetime.
So absolute, wish I could tell the future
So buy puts and then buy once it crashes got it
@jmsena it will be, but it will probably take a year or more to play out before it goes up again.
You're years away from that.
what other ai stock apart from nvidia could be my safest buys with $100k in 2024?
In my opinion, the bottle neck which is developing in high end chips will doom AI stocks.
do you think NVDA will be down till Friday or Monday it will be bleeding? Whats your guess Sir? How about the other AI plays ?
Depends how PCE comes out on Friday. Regardless, Nvidia has hit 1150 3 times and got rejected. If NVDA keeps getting rejected and the data pops bad, you will most likely see profit taking heading into next month.
If profit taking happen I would say bounce around 1060ish area.
One company out of many.. doesn’t make the entire market a failure
Kevin, I haven’t ever seen you analyze commodities or metals, do you prefer not to trade them?
If he did , how many would not listen?
Nailed it Kevin! Top notch!!!
What chair is Kevin sitting on ?
AI will have supercycles like crypto, while we correct in the short term, long term we go higher and higher
Just want to say that you are a great teacher of economics. So glad that I found your channel, I can listen this kind of videos the whole day.
I have been studying for the past 2 years. Currently on data analysis. It is you that's encourage me to learn the importance of data. You are good at what you do
Since end of feb I'm up 100% on Dell and it was because of u Kevin
Great work Kevin!
I love the synopsis on NVDA chips and Salesforce AI chat bot issues.
What do you invest in? Hope. Invest in hope.
You were great again in the "LIVE" this morning. Thanks again for the Callouts and 'Lines' on NVDA and DELL Call option winners. 😀😀🙌💪 Also, when you showed the $PATH balance sheet disturbing items in your LIVE stream, it was an easy decision for me to go with winning PUTS for the ER
I think you are overlooking one key element: We are still in the discovery phase of learning what AI can really do and all it's use cases. I don't think Sales Force even really understands the full potential of AI, which translates to lackluster ads. It is not just a virtual assistant that can help write emails. It is a brain smarter than any human on earth. Asking it to help summarize an email is like asking Einstein to solve a high school math problem. We are not fully utilizing AI to its potential yet.
That wasn't a click bait title at all....but it worked, I clicked. 🤣
Ok I am sensing a change in hair color is coming .
He should do bozo red again with lime green streaks!
Don’t forget. Nvidia went down 10% two months ago. What happened since then? You answer the question.
Yep
Your mom got your dad pregnant?
they blowout earnings and continue to guide up HUGE for the future.. NVDA to $2k easy
Most tech stocks went down around then. Review Nasdaq chart at that time. It had nothing to do with NVIDIA itself; it had to do with an industry wide tech sell off that didn’t last long.
AI is collapsing but he owns Invidia and exposed to AI. I mean the lack of common sense and click bait trash. Jeez bro. You have a plane for G’s sake.
So I just sold all of my SMCI today.
My guess is that I will be buying back in after 30 days at a much lower price.
Been watching you 4 years now. Really smart dude.
Bubble or not, it is sort of early still
What impact could the growing competition in AI software have on the future of the market, and how can companies navigate this challenge to maintain growth?Please do more videos analyzing RWA projects.
Buying puts around 225 for Nvidia!
Another problem with A.I. is finding I.T. people with such a background to manage A.I. Imagine turning on A.I. in your company and any employee can access company financial information just by asking.
I don’t have enough money in the market to get your course.
Pricing for processing power for LLM will go down, so pricing for software will naturally go down. Margins should stay the same.
Just click on these videos to thumbs down them
You are sending TH-cam mixed messages then. You click on the video and leave a comment, making youtube think you want move of these videos, but you thumb down telling youtube you don't want to see them....
@@marioxmariox I don’t care what YT thinks the message was for the clickbait clown
Thanks for your support!
Nerd
Is it possible to build a lithium battery factory in Oklahoma?
It's good to hear people finally understanding and commenting on the fact that "ai" is essentially just memes and chat bots at this point. I've been beating that drum for months. It's not revenue producing, yet and it's not actually ai. It's just faster processing. Cool, but stop it. Krogers shouldn't be talking about their investment into ai on earnings calls lol.
The world doesn’t need or want dozens of AI chat bots. They’re becoming like podcasts, way too many
Interesting analogy. An anchor falling into the Mariana Trench is a null. At best a sea anchor which is when you drag something through the water.
🤔
Kevin, you are crazy good at day trading. Trying to keep up.
Buy the big dip?
I love that shirt/Luigi my fav!
Every CEO has replaced the word "big data "with AI in the quarterly, Call 😀😀😀
Thank you Kevin for keep all of your subscribers up to date and looking out for risk.
Cool shirt.
There is no bubble what you talking about
There's always a bubble!
An 800% gain is bubble like territory. Over crowded at some point. Might take another year but it will let the air out eventually and if there's not a broadening of the market beforehand.. then you'll get a market wide sell off
i just need 2 months, i might pull out of nvidia after
Welcome to SAAS. It’s a hard fight out there.
You were mentioning new leap in AI, search for logical AI, already done and will be released in next few months. True lvl 2 AI
The amount of things that are "priced in" are kind of crazy lol
8:00 yep happens to everyone at some point.
If AI crashes then SoFi will be considered AI. LOL
Kevin said he switched to bullish a couple days ago instead of being all in cash. Please go back to being bullish so we can finally go down
This is just wrong for multiple reasons.
1-AMZN did NOT say they were going to hold off on purchases of Hopper. This was just misinformation that spread. Amazon came out and said as much.
2-The reason why Salesforce is NOT correlated to NVDA in any way, but more importantly, they ARE more cyclical. They didn't change their year-end guidance.
But more important, their issue is their billing model. It's antiquated. They're STILL billing on a PER-USER MODEL, not on a VOLUME model. AI makes things more efficient, ergo, you have fewer employees doing the same amount of work.
If CRM billed on a volume basis and not a per-user basis, THEY'D BE GROWING. They need to change that, but either way, it's only proving the value of AI.
Hmm...interesting. This is just a way to sell his subscription with...some very flawed information. It's more than a little dangerous to take any of this advice.
I've owned NVDA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.
I started trimming Dell today, will probably hold less than half of it into earnings. Running over 60% in 2 months because a small part of their revenue is from AI? This won't end well.
I'm buying the Revux RVX token, I believe it will yield at least 100x this cycle.
NVDA back to 1000 post split.
Markus with a k checking in
"yikes....help needed" ok, I'm in, let's go! We got a lot of work to do.
wait aren't these just car companies 😂
The most significant lesson I gained from the stock market in 2023 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key
Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.
One big player is noticeably absent from the generative AI revolution...and that is going to change in a couple weeks. All I can say is strap in and get ready!
Cause there's stronger competitors and possibly better crm's than Salesforce possibly why they at least partially, didn't beat or meet earnings.
Here’s the thing, tools like uipath protected their income by making the interface draggable and simple (nocode), but preventing portability (code). Because otherwise you’d build it there and run it somewhere cheaper. But it turns out, the tools that benefit from ai are code itself and the tools that embraced code. Now all these “lowcode/nocode” companies are scrambling to rebuild and “codify” their products so they can integrate ai better.
The AI revolution isn't for every company who dabble with software. Some software companies will be relegated out of market by increasing use of AI .
Yea right. Nvidia is going to hit over 9000!!
The AI bubble isn’t crashing 😂
Yeah it definitely is, still hasn’t caught on (profitable)so will dip before ripping in few years again!
at least you agree its a bubble :)
Yet!
THE CRASH COMETHS...
Told you, getting in too soon. I’m long for tomorrow.
😂 coupon code got me
If you lump PLTR in with all these companies then you really don’t know what you’re invested in
Wait until you dig into the round tripping NvDA sells to customer with a promise from NVDA to be a customer in the future. They both show revenue growth but they are just swapping cash.
Cool shirt kevin
Kevin. A lot of wrong herr. First, can has its own cloud they have their software on, yes they using aws also but mainly their own cloud. A user can buy both install bases. Second. Ai is not only “chat bots”! It is way way more. Companies like CRM will always have good and bad quarters. Salescorcw is and will be the go to crm software regardless off AI. In my mind there is nothing changed, normal earnings swing. For software companies AI is not what will sell, it is good software that solve problems. There is where the big misunderstanding with AI is. It is just so much misunderstanding what AI is and what it does. You are way off here, been listening to you a while and to me it is clear. Coming from a software engineer. Does the software solve a problem, yes. You can have all your AI, does it not solve a problem it is a bust. Salesforce are still selling problems and are the go to software for CRm solutions.
Kevin missed the train😭
The only AI SaaS company that is actually working and doing this with both government and enterprise is PLTR
It is done . Will be worth
Well my question is when is the market going to stop falling for the feds “future rate cuts” they keep leading people on if we get to December and no rate cuts the market is dropping 20-30% or more
Can you cover Micron? This company is like one of the building blocks for buildting the AI chip setup so no matter if companies like AMD, Microsoft, Apple, Broadcom, Google and Amazon build their own chips, they would still need memory so, I think Micron is in a better postion here with one to many relationships. The funny thing is the AMD vs Micron market cap given their quarterly earnings. I know memory stocks are cyclical but this time it looks different and the guidance from Micron was really good. Hopefully you can give your insights on Micron. Thanks!
You made money today!
Now is probably the best time to ape in ICOs like REVUX, before real alt run begins!
The world ended today on this black Monday lol!
I don’t think AI stops at chatbots. Also, chatbots are meant to be the big money maker for these companies. They can sell them now but over time they’re just going to be implemented into current businesses. Meta will use theirs for businesses on the platform to automate customer service.. long term the goal is to build generative AI
Chat bots ARE NOT meant to be the big money maker**