NVIDIA reports record revenue: 10-for-1 split drives stock to new high
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DipHunter
joined discussion · May 31, 2024 00:01
$NVIDIA (NVDA.US)$ When all the SaaS companies realize actua...
$NVIDIA (NVDA.US)$ When all the SaaS companies realize actually AI cannot generate growth and revenue, but just a feature add-on in the short term, would they keep buying chips from NVDA?
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Dally D : But does AI “add on”creates a better experience to the app itself it’s installed on? Genuine question
DipHunter OP Dally D : Well, it is a must having feature that every SaaS tries to implement. But that doesn’t increase the contract value necessarily. Everyone is trying to keep themselves competitive, that’s it.
73099470 : The biggest advantage of AI at this stage is cost cutting. The efficiency and better experience will draw in the growth. The money saved on expenses will boost the revenue. As well as the licensing of their content to help other AI models grow will be another revenue stream. It's just difficult to show a clear cut growth/revenue from just AI.
DipHunter OP 73099470 : Very true, but this way unemployment will go up which is also bad for our economy isn’t it?
73099470 DipHunter OP : Universal income
Dally D DipHunter OP : Hmmmm interesting