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So Nvidia will lose 94.5% of their market cap, and you think that will not effect anything beyond AI?


There's an assumption here that Nvidia will stop innovating.


The only assumption I am making is that NVIDIA and others dig thier claws into western governments and make decade long contracts for even greater surveillance. Trillions of dollars worth.


A few thousand recently minted millionaires might become former-millionaires if they decide to HODL. Construction at these Manhattan-sized data centers might slow or stop. The tech industry might go back to solving problems for real people. I'm not really seeing a substantial downside.


Not any more than when one company beats out another.




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