I don’t care about their stock value but the situation fells so weird. So chatgpt refers to reddit less, and that makes reddit stock value fall. This really shows how much of the share value is pure hype and how much of “the economy” is pure manupulation of numbers instead of actual value.
That’s actually quite easy to explain. Reddits entire monetary value (or at least a very large portion) depends on how relevant it is as platform to mine user interactions - to use as training material for AI.
Reddit getting references less is a sign that the models, or the owning companies, value reddit data less compared to before.
the fundamental duty of every CEO of every high-growth tech company: explaining how his company will continue to grow. These growth stories are key, because growth stocks trade at a huge premium relative to the stocks of “mature” companies.
Tesla is “larger” than all other car companies combined when they’re virtually always “delayed” on actually shipping product. We live in bizarro world. Your livelihood is a single cell in a giant spreadsheet full of completely made-up numbers.
The thing that baffles me on that one is that it doesn’t stand up on its own terms. None of Tesla’s tech in 2025 is ahead of its competitors, and they’ve become so toxic as a brand that most top tier engineers don’t even want to work there.
I don’t care about their stock value but the situation fells so weird. So chatgpt refers to reddit less, and that makes reddit stock value fall. This really shows how much of the share value is pure hype and how much of “the economy” is pure manupulation of numbers instead of actual value.
That’s actually quite easy to explain. Reddits entire monetary value (or at least a very large portion) depends on how relevant it is as platform to mine user interactions - to use as training material for AI.
Reddit getting references less is a sign that the models, or the owning companies, value reddit data less compared to before.
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You just described most tech stocks.
As Cory Doctrow explains:
How decoupled stocks are from reality or value. It’s bizarre.
Tesla is “larger” than all other car companies combined when they’re virtually always “delayed” on actually shipping product. We live in bizarro world. Your livelihood is a single cell in a giant spreadsheet full of completely made-up numbers.
Tesla sells itself as a technology innovation company, but it sells hype.
The thing that baffles me on that one is that it doesn’t stand up on its own terms. None of Tesla’s tech in 2025 is ahead of its competitors, and they’ve become so toxic as a brand that most top tier engineers don’t even want to work there.
meme stocks.