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Nvidia now worth over 5 trillion dollars

Cooper said:
Truly obscene times we live in.

All off the back of producing nothing of intrinsic value.
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Share prices always go up if a company can fire more workers!
AI is nearly all about how many people companies can fire.
That currently AI can mostly at best do work which junior grunts used to do... That is the usual corporate short-term thinking as when "junior" roles no longer exist how will anyone ever get experience?

But then outsourcing and off shoring was similar. That the logical conclusion of outsource the assembly work meant outsourcing QA and all other roles, later design, and eventually the whole thing.
 
shrug.gif
 
Uncle Jensen even donating some pocket change to fund Trumps balloom at the Whitehouse:

www.reuters.com

Nvidia's Huang joins tech titans funding Trump's ballroom

Nvidia CEO Jensen Huang donated to fund the construction of U.S. President Donald Trump’s White House ballroom, he told reporters, joining other tech leaders supporting the project. “I’m delighted to be part of it,” he told reporters in Washington on Tuesday. Nvidia was not named on the White...
www.reuters.com www.reuters.com
 
Raiden85 said:
Goes to show how stupidly overpriced GPU's currently are.
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'Currently'? I don't remember the 9800 Pro and XT being cheap for the time... Nor the 8800GTS etc etc etc.
Adjust them for modern inflation versus wages, and there's not a lot in it, bar if you're talking a 4090/5090. But anything below those premium models, are pretty much the same in old money adjusted for modern income/pricing.

Otherwise we can start comparing house prices to the 70's etc.

People seem to have a selective memory when it comes to GPU's.
PC's have never been a bargain. Motherboards, CPU's, PSU's, cases, soundcards, speakers, mice, keyboards, and monitors have always been expensive, whatever the era, just like GPU's...

I remember paying nearly a grand for 386 basic build.
 
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GuruJockStrap said:
Uncle Jensen even donating some pocket change to fund Trumps balloom at the Whitehouse:

www.reuters.com

Nvidia's Huang joins tech titans funding Trump's ballroom

Nvidia CEO Jensen Huang donated to fund the construction of U.S. President Donald Trump’s White House ballroom, he told reporters, joining other tech leaders supporting the project. “I’m delighted to be part of it,” he told reporters in Washington on Tuesday. Nvidia was not named on the White...
www.reuters.com www.reuters.com
Click to expand...

Smart, one way to keep the FTC off your back.
 
deviation said:
'Currently'? I don't remember the 9800 Pro and XT being cheap for the time... Nor the 8800GTS etc etc etc.
Adjust them for modern inflation versus wages, and there's not a lot in it, bar if you're talking a 4090/5090. But anything below those premium models, are pretty much the same in old money adjusted for modern income/pricing.

Otherwise we can start comparing house prices to the 70's etc.

People seem to have a selective memory when it comes to GPU's.
PC's have never been a bargain. Motherboards, CPU's, PSU's, cases, soundcards, speakers, mice, keyboards, and monitors have always been expensive, whatever the era, just like GPU's...

I remember paying nearly a grand for 386 basic build.
Click to expand...
Looking at this site on the Wayback Machine, just a few months after launch the Hercules 9800 Pro was going for £347 with VAT in 2003 money, just with inflation according to the Bank of England inflation calculator, that would be about £638 now, that was the 4090/5090 of its day. Or for something from Nvidia, the BFG 8800 GTX which also sold here in January 2007 for £397 with VAT about 3 months after launch, with inflation that's about £730 which would be an upper midrange priced card now, that 8800 GTX was extremely fast for its day and would certainly be the 4090/5090 equivalent.

So yes, prices now are absolutely ridiculous, £1900 to £2500+ is insane. Reverse it and £2000 today, would have been about £1087 in 2007, imagine a GPU costing that then, people then went nuts at £400 cards.
 
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