Author: Kafka is very busy Source: Outlander’s Perspective (ID: hooyar_380097485)
Two big news from the AI industry over the weekend: Huang Renxun will come to China next week, and the Rothschild family will reduce the position of Nvidia.
It is interesting that these two pieces of news create a hedge against each other.
Lao Huang came to China to meet with major clients and made a good prediction that NVIDIA may break through the US government’s ban and ship a large amount of goods to Chinese clients, which is beneficial for NVIDIA’s stock price to rise and drive a wave of AI concepts to rise.
The reduction of the Rothschild family’s shareholding is not a good thing. Especially after being annexed by countless mysterious legends, the family has almost become the shadow king of world capital. Now Nvidia has been looked down upon by them. Do you think others dare to see more without brains?
So guess what will happen to the AI market next week?
Recently, it seems that the world situation has been very good: the debt ceiling issue of the United States has been sealed until 2025, US bonds will not default, banks are doing well, and we haven’t seen any major thunderstorms. The employment data of the United States has also blinded the global market. The United States has set a technology tree on AI, ChatGPT is about to bring the fourth industrial revolution, and the United States is once again at the forefront of technology. Under the leadership of big technology, NASDAQ, That’s just going up slowly.
So on the bright side, it seems that the distance between China and the United States’ technology has widened again, with AI technology being led by the Americans. Many people’s eyes are greedy and their hearts are hot, and their thighs are almost swollen.
But hasn’t anyone seen the substantial harm AI has done to Americans?
AI applications represented by ChatGPT cannot temporarily replace manual labor, but for industries in the United States that create new requirements that are not so high and are purely artificially created to demand high service fees, it can be a blow to dimensionality reduction.
We should know that the tertiary industry accounts for 81% of GDP in the United States, and there are many foam in it. For example, American people who live in their own houses should also be included in GDP according to the market value. Recently, the housing rent in the United States has soared, and the U.S. GDP will naturally rise with the rise of AIDS.
It is said that in order to make GDP look better, the labor contribution of American housewives at home will also be counted as GDP in the future. Without any increase, GDP can soar again.
Some people say that Americans are too bored because they have a mental illness to produce so many meaningless GDP. Hehe, you laugh at them for being bored, and they laugh at you for being naive.
Your neighbor Lao Wang, in order to borrow money from the whole village, is he not allowed to package himself as particularly wealthy? The dishes at home are coated with a layer of butter paint and filled with pure gold. Neighbors walk in and take a look, and everywhere is magnificent. As soon as they speak, they listen to Old Wang boasting about how many small goals he earns a month. Only by this level of wealth can everyone dare to send money to his home, and perhaps even queue up to deliver it. Anything valuable needs to be replaced with his family’s IOUs to feel at ease, because he looks wealthy and boastful, which makes him feel confident, Only the three aunts and six grandmothers who were bribed by the village BD would give their family the best credit rating in the world.
If one day Lao Wang suddenly told everyone that he had made less money this year, guess what would happen to those who lent him money?
Don’t talk too much nonsense, queue up to come and press for debt.
In fact, the truth in the world is the same, and old Americans are not necessarily as clever as the old Wang who pretends to deceive money in the village.
GDP ranks first in the world, which is his unshakable bottom line. Even if it is blown or injected with water through various means, it must be maintained. Not only must it be maintained, but it must also be managed to get higher and higher!
The first thing that matters here is that the service fee must not be lowered!
So you think going to find Sister Feng to wash her feet is considered a service? When it comes to services, the variety of services available in the United States is much less than in China. When it gets dark and everywhere in the United States, what services are available? Of course, except for the wealthy, you have enough money and 24-hour services are uninterrupted. However, in China, even in small counties, various services are still lively until early morning, and ordinary people can afford them.
So why is it that the service GDP of the United States is so much higher than that of China?
Because high-end services are something you have to accept. For example, lawyers and accountants who belong to the high-end income group in the United States have extremely complex laws that ordinary people cannot understand. Americans like to equate morality with law, and if they are good, they may have to accept legal services. This is a large amount of money, as well as tax reporting. Your specialized accountants also cannot understand the updated tax system in the United States, Only by hiring specialized tax advisors can one ensure that one does not hit the tax red line, which is another significant amount of money.
Now, with ChatGPT as a great application, many of the high service fees that should be paid have been solved cheaply for you. The excrement has been cleaned up by AI, and the GDP of eating excrement cannot be generated. What should we do?
This is actually a chain reaction. With the AI as a big killer, it could have been achieved through services such as bargaining, where large institutions, enterprises, and billionaires would have distributed the wealth looted from the world to the so-called middle and upper levels of society, resulting in many middle to high income positions.
Big enterprises, institutions, and billionaires are not fools, AI is cheap and not as bad as it is. It’s easy to manage, lay off people, and switch to AI!
In March of this year, Goldman Sachs released a research report stating that if artificial intelligence technology reaches its envisioned level, it may automate about a quarter of jobs in Europe and America. Goldman Sachs economists also predict that globally, one fifth of the workforce may be affected, with the most likely ones being clerks, lawyers, architects, researchers, salespeople, computer technicians, and almost no profession other than purely manual jobs to be spared.
In fact, Goldman Sachs’ prediction is a bit too optimistic. After all, it is an American company, and AI innovation is related to the national fortune of the United States. The bad news cannot be said.
Think about it, after playing with hollowing out for so many years, the United States can still create such a huge GDP, relying on the so-called service industry, which is a heavily affected area replaced by AI. Previously, it was established based on the service relationship between people and the system, which can pull a confused account. However, machines cannot play with so many tricks, and without many high-income jobs, there will be less demand for high-income services. Without income, where will consumption come from? Without consumption, is there still the US economy?
The US economy is finished, and GDP is plummeting. Does anyone dare to borrow US debt from the US? Unable to find money to buy US bonds, the super giant Ponzi goes bankrupt, and how many days can the US survive?
If we can’t bear it anymore, we will have to split or engage in revolution. With the advanced level of the United States, I think we can run into communism.
If the United States achieves communism, embarks on a social revolution, nationalizes large enterprises and conglomerates, and then distributes the profits obtained from improving efficiency to the entire population, there is no need to worry about a consumer collapse.
But that kind of result, let alone appearing, even thinking about it, some people would tremble with fear.
So you see, the risks that I can see, of course, the big shots can also see, and the news that is not conducive to AI applications is flying all over the world.
Last week, I heard that AI controlled simulation exercises have started. In order to achieve the goal, I first chose to kill the commander and then tried to cut off the signal.
Is this really so important, is it fake news or not? It is important for someone to constantly create such news to scare people, in order to curb the application of AI.
Previously, Meta’s grand metaverse ended up being a big joke. When the product was taken out, many small online games in China were able to crack it down. However, later on, I had a question: is it someone who doesn’t want Meta to engage in metaverse, or is it just Xiaozha being so stubborn?
If it is the former, then it is interesting. If it is the latter, the technological power of the United States may be overestimated.
So why did the Rothschild family want to sell Nvidia and why did Huang Renxun rush to China?
Perhaps Biden may have some Alzheimer’s disease, but the White House is not always dominated by fools. It seems that the Biden administration may have many policies that are not conducive to AI.
Shareholders, don’t forget to rush blindly.