this post was submitted on 11 Nov 2025
722 points (97.6% liked)

Lemmy Shitpost

35793 readers
4614 users here now

Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.

Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!


Rules:

1. Be Respectful


Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.

Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.

...


2. No Illegal Content


Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.

That means:

-No promoting violence/threats against any individuals

-No CSA content or Revenge Porn

-No sharing private/personal information (Doxxing)

...


3. No Spam


Posting the same post, no matter the intent is against the rules.

-If you have posted content, please refrain from re-posting said content within this community.

-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.

-No posting Scams/Advertisements/Phishing Links/IP Grabbers

-No Bots, Bots will be banned from the community.

...


4. No Porn/ExplicitContent


-Do not post explicit content. Lemmy.World is not the instance for NSFW content.

-Do not post Gore or Shock Content.

...


5. No Enciting Harassment,Brigading, Doxxing or Witch Hunts


-Do not Brigade other Communities

-No calls to action against other communities/users within Lemmy or outside of Lemmy.

-No Witch Hunts against users/communities.

-No content that harasses members within or outside of the community.

...


6. NSFW should be behind NSFW tags.


-Content that is NSFW should be behind NSFW tags.

-Content that might be distressing should be kept behind NSFW tags.

...

If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.


Also check out:

Partnered Communities:

1.Memes

2.Lemmy Review

3.Mildly Infuriating

4.Lemmy Be Wholesome

5.No Stupid Questions

6.You Should Know

7.Comedy Heaven

8.Credible Defense

9.Ten Forward

10.LinuxMemes (Linux themed memes)


Reach out to

All communities included on the sidebar are to be made in compliance with the instance rules. Striker

founded 2 years ago
MODERATORS
722
GDP (slrpnk.net)
submitted 2 weeks ago* (last edited 2 weeks ago) by Track_Shovel@slrpnk.net to c/lemmyshitpost@lemmy.world
 

Fun fact: Nvidia accounts for 16% of the US GDP and worth more than the Canadian economy and accounts for more than 3.6% of the GLOBAL GDP.

Remind me again why this is a good thing?

all 20 comments
sorted by: hot top controversial new old
[–] ryedaft@sh.itjust.works 92 points 2 weeks ago (2 children)

You should compare revenue to GDP, not market cap. Nvidia revenue for 2025 has been very good so far at about 130 billion USD while the GDP of Canada was about 2.3 trillion USD.

But some of the Nvidia revenue is paid in equity so you need to add uncertainty on the value when figuring out their revenue.

[–] ryedaft@sh.itjust.works 27 points 2 weeks ago (2 children)

And yes, Nvidia and OpenAI and anthropic and so on are absolutely overvalued.

There's a good read about the bubble here:

How Catastrophic Is It If the AI Bubble Bursts? An FAQ. - The Ringer - https://www.theringer.com/2025/11/04/tech/ai-bubble-burst-popping-explained-collapse-or-not-chatgpt

Luckily, data centers and AI companies don't actually employ that many people so when the bubble pops the government doesn't actually have to intervene much. If you mortgaged your house to invest in Nvidia then you might want to cash out now.

[–] Revan343@lemmy.ca 4 points 2 weeks ago (1 children)

If you mortgaged your house to invest in Nvidia then you might want to cash out now

And buy puts got it

[–] msage@programming.dev 2 points 2 weeks ago (1 children)

Repeat after me:

Markets can remain irrational longer than you can remain solvent.

[–] Revan343@lemmy.ca 3 points 2 weeks ago

The big problem is that a lot of 'investors' can remain irrational longer than they can remain solvent. That wallstreetbets gambler mentality is strong

[–] ryannathans@aussie.zone 1 points 2 weeks ago* (last edited 2 weeks ago)

Except all the banks have enormous investments in the "bubble", either directly as shares/options/swaps or as loaning money. Where do ya reckon all the money is coming from for the bubble?

[–] Track_Shovel@slrpnk.net 3 points 2 weeks ago

Sir, do I, of all people, look like an economist? I post shitty memes for giggles and think about dirt all day.

[–] DaCrazyJamez@sh.itjust.works 30 points 2 weeks ago

Comparing market cap to gdp is a bit like comparing the size of a cars tires to its top speed - they arent completely unrealted, but definitely not a good basis to use.

[–] ryannathans@aussie.zone 24 points 2 weeks ago (1 children)

Nvidia does not account for 16% of the US GDP, are you deluded?

[–] jlow@discuss.tchncs.de 23 points 2 weeks ago (3 children)

Is her phone just an empty, semi-tranparent phone proteftion case? It looks so weird ...

[–] thatsTheCatch@lemmy.nz 28 points 2 weeks ago

They needed the actual phone to take this photo

[–] affiliate@lemmy.world 12 points 2 weeks ago

it adds to the metaphor

[–] Pat_Riot@lemmy.today 1 points 2 weeks ago

Probably slop

[–] unmagical@lemmy.ml 18 points 2 weeks ago

Her phone as material as the foundation of speculation for Nvidia.

[–] angband@lemmy.world 3 points 2 weeks ago

these unrealistic market caps come from rich people not being taxed. too much money to do anything useful with.