With people investing millions in AI companies (most using Chat GPT API in the background), once the hype dies down and people realise these companies would need to be making billions in the future for investors to get a return on their investment, the bubble bursts and Nvidia stock price comes crashing down. At the minute these AI companies look like Ponzi schemes with gimmicks with nothing to make any serious returns. They are literally just repackaging wiki pages with reddit and selling it back to people.
AI companies massively overvalued, Puts on Nvidia?
