How to lose $35 Billion Dollars Betting on AI

24 thoughts on “How to lose $35 Billion Dollars Betting on AI”

1. With so much happening in the AI space, are we about to see more of these cases soon? Also don't forget to check out Wispr Flow for free: https://ref.wisprflow.ai/coldfusion-yt-v02 and use code COLDFUSION to get 1 month of Wispr Flow Pro with unlimited words. Thanks as always for the support!

2. 😮wow… it's nice to see a real human behind such an amazing voice. ❤❤❤ Handsome, too. Love your content. Keep it coming.😊

3. It's much better to do a meaningful job and lead a meaningful life than all of this nonsense.

4. This video nearly exactly mirrors Patrick Boyles. Concerningly similar.

5. That laugh 🤓

6. Didnt you make a video praising this guy some time ago?

7. Repeatedly going all-in on black can make you look really smart until you lose.

8. So essentially gambling? Ok…..

9. The share value on all new tech products is overvalued and loses a ton of peak share value in the first couple years….something new comes out and hype blows up and share prices become overvalued then the share price is corrected by the market and everyone calls it a “crash”. Everyone thinks they are clever but the same pattern plays out over and over and they expect the next time it will be different. But Is losing speculated share value based off expected future profits and earnings really losing money? There was nothing like purchase orders or contracts those future gains were being based off of, just hype. Their stock was way overvalued to start with and literally Anyone could use the same logic to start a business with $1k and say they will make $10 million next year and then when the business doesn’t hit those numbers the owner can say “I lost $10 million” and then use it as a tax offset or whatever…..but no mutherfukr you only lost $1k and pulled that $10 million number in expected future profits out of thin air based on nothing but optimism

10. Leopold could easily play the Joker in the next Batman film.

11. "A pre-wedding conference with break-out sessions." 🤮

12. I was listening and multitasking making coffee so I didn't see that you'd put your face in the video til I saw comments mention it. I already knew you weren't AI but it's always nice to see what people look like. 😊

13. I can’t fathom giving a 24 year old billions of dollars… Do you remember what YOU were like at 24? I had so much unwarranted confidence and 0 actual life experience

14. The whole hype was probably just used to move funds from A to B.

15. He's already back and managing money – it's wild. "Here, you lose but I want you to try again!" – makes you wonder….

16. 4:37 I am fascinated by the amount of teeth he has, it looks like it’s trying spill out of his jaw 😮

17. No way he is named Aschenbrenner 😭😭 This is like foreshadowing in Frieren

18. lost $35B on day trading also him 👁️👄👁️

19. There are too many stupid investors with more money than brains. Meanwhile these people are getting tax breaks while the very economic foundation they're sitting on top of is crumbling due to neglect and staggeringly shortsighted greed.

    We're at the point where 90% of US GDP growth is just due to AI datacenter investment. Massive investment with little to no plan for how it will even generate revenue. That should be setting off alarm bells, not further investment. Plus Trump is pushing AI now, and if that's not a red flag on fire with emergency lights and sirens going off, I have no idea what is.

20. It took a generation for the electrical grid to make a real impact in production. So Leopold was dead wrong from the get go. AI will be just like that.

21. Easy come, easy go. I have zero sympathy for guys like this. Yeah bro, I read Kurzweil when I was younger and there was an embarrassing period when I thought the singularity was coming, blah blah blah. It's never going to work out the way you're predicting, especially when you're 24 and have delusions of grandeur. You're better off trying to become a pop star.

22. Fun fact about the German name: The surname Aschenbrenner is an old occupational name for someone who burned wood to produce ash and from that potash (potassium carbonate). In German "Asche" is also slang for money. Ashburner .. exactly my kind of humor 😅

23. That laugh was contagious

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