this post was submitted on 02 Jun 2024
193 points (91.8% liked)
Technology
59646 readers
4056 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Nvidia is making tons of money now, but they're still going to be in hot water with investors when they have to explain why exponential revenue growth cannot be sustained as revenues crash back down to the norm.
You wanna know the real issue with the world? This right here, society as a whole accepting and promoting a system of measuring a company's worth that by definition will make it fail after getting as much reach as possible. Almost ensuring everything will always be shit
Oh this quarter the company only got 74 billion in revenue instead of the projected 80? Sell everything it's no longer profitable!!! Abandon ship!
Yep, it's a system that relies on infinite growth and gets upset if there's growth but it's not fast enough or if there is any temporary setback no matter how minor or even if things level off for a bit. It's ridiculous.