Asks if Nvidia's earnings details and Jensen Huang's comments match the positive headlines about crushing expectations
Host
Jim Bianco
Confirms Nvidia's numbers were fantastic and way above Wall Street expectations, indicating the AI boom is going along full speed
Asks if current AI boom is bigger than the internet bubble that burst at the turn of the century
Host
Jim Bianco
AI companies now represent half the US stock market versus internet bubble peak of about a quarter, comparable only to railroads in late 19th century at 75%
Notes more money being spent on data centers for AI than offices next year
Host
Jim Bianco
Data center business going gangbusters with 4,000 centers already and more coming online daily, becoming one of largest commercial operations
Raises concern about concentration risk and mentions AI-generated song topping charts as example of AI's cultural impact
Host
Jim Bianco
AI can only remix existing content but cannot create truly new innovations, leaving creative process to humans