322. Nvidia: 2 Boom 2 Bust

Published: March 2, 2024, 5:38 a.m.

b"First we chat about the very dumb debacle with Google\\u2019s Gemini AI being \\u201cabsurdly woke,\\u201d when in reality the story here is that they were extremely naive and lazy about how to solve the structural biases of white visual culture. Then we get deeper into Nvidia\\u2019s major stock rally after blowing away all expectations with their latest financial reportings \\u2013 and what this means for the political economy of technology, both AI specifically and the sector broadly.\\n\\n\\u2022\\u2022\\u2022 A Sign That Spells: DALL-E 2, Invisual Images and The Racial Politics of Feature Space https://arxiv.org/abs/2211.06323 \\n\\u2022\\u2022\\u2022 The Deeper Problem With Google\\u2019s Racially Diverse Nazis https://www.theatlantic.com/technology/archive/2024/02/google-gemini-diverse-nazis/677575/ \\n\\u2022\\u2022\\u2022 Now Google's 'absurdly woke' Gemini AI refuses to condemn pedophilia as wrong - after being blasted over 'diverse' but historically inaccurate images https://www.dailymail.co.uk/news/article-13122189/Googles-absurdly-woke-Gemini-AI-refuses-condemn-pedophilia.html \\n\\u2022\\u2022\\u2022 AI boom catapults Nvidia into tech\\u2019s big league https://www.ft.com/content/1f8b317d-fcce-4f5b-9e54-8315e102ec10 \\n\\u2022\\u2022\\u2022 What Bubble? Nvidia Profits Are Rising Even More Than Its Stock https://www.bloomberg.com/news/articles/2024-02-26/hedge-funds-unload-tech-stocks-after-going-all-in-before-nvidia \\n\\u2022\\u2022\\u2022 The AI craze has companies even 'more overvalued' than during the 1990s dot-com bubble, economist says https://qz.com/ai-stocks-nvidia-overvalued-dot-com-bubble-1851287271 \\n\\u2022\\u2022\\u2022 Nvidia's $2 trillion market cap looks bubbly https://www.axios.com/2024/02/23/nvidia-valuation-chipmakers-trillion \\n\\nSubscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills \\n\\nHosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)"