Steve Eisman Talks US Election, Fed Policy and Crypto

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Bloomberg Television

Bloomberg Television

Күн бұрын

Neuberger Berman Senior Portfolio Manager Steve Eisman, best known for his “Big Short” bet against subprime mortgages, discusses the potential economic impact of the 2024 US presidential election, Federal Reserve monetary policy and his view on cryptocurrencies and AI during an interview on Bloomberg Television.
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Пікірлер: 318
@Four_Eyes
@Four_Eyes Ай бұрын
Eisman really likes himself.
@acornsucks2111
@acornsucks2111 Ай бұрын
You like the basement, so what.
@Fenris__
@Fenris__ Ай бұрын
Eisman is just brilliant, I appreciate this spotlight
@Tradernotahater
@Tradernotahater Ай бұрын
Everyone should be so lucky as to like themselves that much. He deserves it, man is brilliant.
@JimJamJuicy
@JimJamJuicy Ай бұрын
1 trillion in interest on debt every 100 days is not an issue? Guys self love has softened his brain
@smsmoof8128
@smsmoof8128 Ай бұрын
@@JimJamJuicy His eccentricity is what made him win in the 07-08 mortgage crisis but he did it with data, so did Michael Burry ... Eisman lives in NY/Wall St bubble and even admits he is not an economist. He doesnt feel what the US Common Man is going thru right now, there will be h?ll to pay for Wall St/Fed/Govt/Bankers before this is all over ... jmo.
@borat3746
@borat3746 Ай бұрын
This interview just proved how good actor Steve Carrell really is
@kiwoongpk91
@kiwoongpk91 Ай бұрын
Steve: “basically y’all are wrong and I’m right, because I was right in 2008”
@izaccy
@izaccy 13 күн бұрын
Just like Michael Burry, LMAO
@kiwoongpk91
@kiwoongpk91 13 күн бұрын
@@izaccy I’m aware of who he is Most people, possibly you included, just have no idea how he got lucky ONCE lol
@petejams7340
@petejams7340 Ай бұрын
No need for elections. This guy has all the answers. Lol
@chrischoir3594
@chrischoir3594 Ай бұрын
No need for election because the Dems will cheat
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
On that one he is actually right .... but wrong about about everything else
@GEB-yy3ud
@GEB-yy3ud 22 күн бұрын
Truth hurts
@user-cm1ld9cn5m
@user-cm1ld9cn5m Ай бұрын
Beware/ignore the man who thinks he has all the answers, is the smartest person in any room, and never lets the other person finish a sentence.
@Dpaq13
@Dpaq13 Ай бұрын
Welcome to New York, nobody has time to finish
@Johnny_Utah
@Johnny_Utah 24 күн бұрын
At least this guy gives actual opinions, a lot of guests don’t
@brianwhitehawker1756
@brianwhitehawker1756 26 күн бұрын
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
@yeslahykcim
@yeslahykcim 26 күн бұрын
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
@Jadechurch-ql3do
@Jadechurch-ql3do 26 күн бұрын
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
@lucaswilliams9992
@lucaswilliams9992 26 күн бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@Jadechurch-ql3do
@Jadechurch-ql3do 26 күн бұрын
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@geraldt331
@geraldt331 26 күн бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@andrew9913
@andrew9913 Ай бұрын
Steve is a great guest because he is very clear on his opinions and predictions. He’s not afraid to share his views and you have to respect that.
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
Some people really do not care if they come across as silly
@cnsmiles
@cnsmiles 28 күн бұрын
wow i thought steve carrol’s depiction of him in the Big Short was exaggerated. spot on. I’m stealing the Moses line. that was hilarious.
@gen-X-trader
@gen-X-trader Ай бұрын
He really should have stopped after the big short. He had his major win, it's kind of been all downhill since then with rambling, being wrong, more rambling
@AmitKumar-tg7of
@AmitKumar-tg7of Ай бұрын
I thought his power ancillary idea is just amazing
@jaredaleman3682
@jaredaleman3682 28 күн бұрын
Please share how he has been wrong. He was correct during the SVB scare in 2022…he said it was nothing to care about. I bought alot of stock and made a lot of money thanks to his input…
@s1dest3p
@s1dest3p 27 күн бұрын
@@AmitKumar-tg7of What was the idea? I missed it I think
@marcobolo2513
@marcobolo2513 28 күн бұрын
Sounds like Eisman knows very little about the fundamentals of Bitcoin…comparing it to Stocks or other assets shows his knowledge of Bitcoin is lacking
@bicuriousgeorge1649
@bicuriousgeorge1649 15 күн бұрын
Yeah, but plenty of Bitcoin haters talked this way and then came around, like Kevin O'leary.
@EndDims
@EndDims 14 күн бұрын
He knows very little about many things, it seems. He said he is not an economist and he is definitely correct. I used to have the same criticism of Bitcoin as he did, but then I spent 5 minutes of research and learned better. He apparently doesn't have the ability to do that.
@parkerpkthn
@parkerpkthn Ай бұрын
His marvel comments are spot on
@petejams7340
@petejams7340 Ай бұрын
For every guest on this show who says one thing there is another who will say the complete opposite.
@NoNo-ng9sl
@NoNo-ng9sl Ай бұрын
It's sort of like people have different opinions & thoughts on a particular subject. Hmmm
@MadhavSharma-xj5hi
@MadhavSharma-xj5hi Ай бұрын
That's what puts a market on equilibrium
@MadhavSharma-xj5hi
@MadhavSharma-xj5hi Ай бұрын
If you have the government, for example, limiting the ability to sell stock, everyone will be bearish and the market will not be at an equilibrium.
@TheGreekGodOfWallStreet
@TheGreekGodOfWallStreet Ай бұрын
2 sides to every issue, control the narrative
@MadhavSharma-xj5hi
@MadhavSharma-xj5hi Ай бұрын
@@TheGreekGodOfWallStreet no one controls the narrative when it comes to the federal debt. That market is too large and relies heavily on foreign governments.
@FloridaBard89
@FloridaBard89 Ай бұрын
Absolute fantastic Tv. Loving hearing what Steve Eisman has to say.
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
You obviously like comedy shows
@issenvan1050
@issenvan1050 29 күн бұрын
Why no timestamps?
@mitchmccracken3050
@mitchmccracken3050 Ай бұрын
Steve is great :)
@issenvan1050
@issenvan1050 29 күн бұрын
How would his ideas play out during a recession?
@danemehring1029
@danemehring1029 27 күн бұрын
Steve Eisman got more fired up talking about Marvel than the economy lol
@lucastos79
@lucastos79 Ай бұрын
Owns 11000 digital comic books. Doesn't like Bitcoin....
@MrJbennett321go
@MrJbennett321go Ай бұрын
I know right!
@tuckerbugeater
@tuckerbugeater 24 күн бұрын
@@MrJbennett321go he doesn't know it's intrinsic value
@Javalipapere
@Javalipapere 26 күн бұрын
He is entertaining to watch and listen
@georgemaximus694
@georgemaximus694 Ай бұрын
Microsoft has a new app called co pilot which is AI. Not sure how popular that’s been going.
@TmcksnT
@TmcksnT 28 күн бұрын
Ironically, in 40 years consumer and asset prices have sky rocketed. Deficit doesn't mean the country will explode but it does mean some people will be and were robbed of their earned wealth
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
Deficits mean that one day in the future ... things will suddenly go south .... and somebody else is going to take over
@TmcksnT
@TmcksnT 27 күн бұрын
@@gdiwolverinemale4th Untill then , citizens make it sustainable by having their wealth be inflated away. It's when foreigners rebel against their wealth being inflated away that you get what you're talking about
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
@@TmcksnT That is an oversimplification. Firstly, there is a continuous adjustment to prices both internally and externally. Secondly, there is the psychology of security and trust in the USD amongst the money managers. But the day will come when for one reason or another the trust will be broken because the debt is going in only one direction.
@TmcksnT
@TmcksnT 27 күн бұрын
@@gdiwolverinemale4th ofc it's an oversimplification, it's a YT comment. You keep focusing on the debt. This is missing the point. The government can get rid of the debt if it wants to tomorrow. It could print a zillion dollars and trust me that debt to GDP will go right down to 0 next year. But they can't do that overnight, it's too obvious. So they'll do it gradually, like they have been. So that ratio can actually go down and has been going down recently tbh. It's called financial repression. Until it gets noticed (asset bubbles) and they have to slow repression down and let the debt build up again. It's a balancing act Yellen and Powel do
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
@@TmcksnT It is like solving a problem by drinking poison. Yes, they can print as much as they want. What happens when they create $36 trillion out of thin air to pay the bondholders? As you hopefully know the US GDP is $25 trillion. Both the internal and external markets would inflate the prices by 150%. Then the value of the US economy shrinks by the same percentage. Pay attention, international trade is done in US$ but in China they trade in Yuan. They don't follow the instructions from the FED. The US can play games with itself, but not with the world. btw China is buying gold like there is no tomorrow
@issenvan1050
@issenvan1050 29 күн бұрын
What does he mean by “infrastructure?”
@ongaga9
@ongaga9 Ай бұрын
Sounds like he is speculating about speculating with apple.
@agrippamarcus6533
@agrippamarcus6533 Ай бұрын
Strangely or not so surprisingly, Steve Eisman started to look like and talk like Michael Rappaport since Oct 7
@anthony9971
@anthony9971 24 күн бұрын
couldnt agree more on the political and market analysis.
@fhowland
@fhowland 29 күн бұрын
Love Eisman, he's SO right about everything here! Trump 2024!
@gauravsc
@gauravsc 15 күн бұрын
I love his analysis on economics and everything, but also find it cute the way he drops the word "APP", as if he understands what an APP is.
@issenvan1050
@issenvan1050 29 күн бұрын
Use timestamps.
@Nordien1978
@Nordien1978 Ай бұрын
This guy is funny in his description of the markets. Oy the deficit and Jerome Powell like Mozes coming down the mountain with the 10 commandments had me laughing.
@EndDims
@EndDims 14 күн бұрын
He's entertaining. An idiot, but entertaining.
@raoultesla2292
@raoultesla2292 15 күн бұрын
Eisman is one of the last real voices.
@SimonTemplarDude
@SimonTemplarDude Ай бұрын
Wow she was aggressive, I loved it ❤️❤️❤️
@dinosaurdude5668
@dinosaurdude5668 14 күн бұрын
Steve is the best.
@rozezard862
@rozezard862 Ай бұрын
The price of T-shirts go up? No!!
@oscarderuijter7670
@oscarderuijter7670 Ай бұрын
great commercial
@MrJbennett321go
@MrJbennett321go Ай бұрын
I agree with much of what he says. While he makes a good case against Bitcoin. How can its 5,10 and 15 year performance be denied?
@syedarmaghanhassan4652
@syedarmaghanhassan4652 Ай бұрын
It is a treat to listen to Eisman, there is no doubt about that!
@capri2673
@capri2673 28 күн бұрын
Eisman thinks so, too.
@syedarmaghanhassan4652
@syedarmaghanhassan4652 28 күн бұрын
@@capri2673 hahaha
@KK-pm7ud
@KK-pm7ud 27 күн бұрын
I agree with him on Marvel but disagree on the last Guardians movie.
@alittlehelp812
@alittlehelp812 23 күн бұрын
Really.?....even the sound track sucked. Smh.
@1283907
@1283907 Ай бұрын
Did he really said that during the real estate convention like Ryan Gosling described?
@seangill83
@seangill83 17 күн бұрын
Yes, that is pretty much how it happened according to Michael Lewis's book The Big Short
@vikz569
@vikz569 Ай бұрын
14:44 Stive just nailed it lol
@prospectnyc
@prospectnyc Ай бұрын
This guy is a regular comedian.
@winstonvinay613
@winstonvinay613 Ай бұрын
love this guy s take on current market
@yonatanalony4233
@yonatanalony4233 Ай бұрын
His take on bitcoin is great!
@Heiligenstadt1770
@Heiligenstadt1770 Ай бұрын
Where did they find this guy 😂
@ordinaryhuman2511
@ordinaryhuman2511 Ай бұрын
Might be a bit full of himself, but I guess you deserve that when you predict and short the housing bubble.
@Heiligenstadt1770
@Heiligenstadt1770 29 күн бұрын
@@ordinaryhuman2511 Indeed! Appears Steve Carrell didn’t do this guy justice!
@jaredaleman3682
@jaredaleman3682 28 күн бұрын
If you’ve done any homework on the guy, you’d know he’s almost always spot on with his comments. He’s not perfect as no investor is but he’s fantastic. I literally base my biggest portfolio decisions on his ideas and have done excellent
@Heiligenstadt1770
@Heiligenstadt1770 25 күн бұрын
@@jaredaleman3682 thanks so much for schooling me! If you peg your portfolio decisions on this one guy’s thesis, you’re undoubtedly sitting on a lot of dry powder. Fortunately real PMs who manage actual money don’t allocate based on one guy’s bulls eye, over a decade ago. Wise thoughts though. Make sure you file those paper gains 🥂
@zk9964
@zk9964 Ай бұрын
Steve you had me until you said "The economy is fine" Respectfully it is not fine, the massive machine just takes a long time to reflect itself. I do agree though phones/tablets/etc will have a dedicated AI or machine learning silicon on them. Interesting to see Apple's M4 announcement today.
@mazyarestaki1709
@mazyarestaki1709 25 күн бұрын
The fact that Eisman says the deficit don't matter is that the best indication that this time the debt problem is different.
@larryh9525
@larryh9525 Ай бұрын
Eisman sounds just like Bill Miller did in the scene from The Big Short. The entire sub-prime situation was based on the theory that home prices nationally have never declined. His theory is that just because others have been early there isn't an issue below the surface. Sub-prime wasn't an issue until Lehman's failure triggered the CDS contracts that AIG couldn't pay and the entire system went from OK to the brink of failure in a few days.
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
Like the FO of Titanic .... everything is well Sir ... we have not hit that iceberg .... yet
@oregonpsychedelic1186
@oregonpsychedelic1186 Ай бұрын
does he not understand server-side computing?
@syedarmaghanhassan4652
@syedarmaghanhassan4652 Ай бұрын
Exactly. AI chip isn't going to do the computatation on the Phone or in the app. The phone, the AI App is still going to use servers to do the computqtions, which are done on the NVIDIA'S $40,000 H100 chip (which by the way Elon Musk loves and said will double the Orders till the end of this year). Are phones going to have that 40k$ chipsnon them? Is it a joke? Mr. Eisman should really learn a thing or two about technology snd chips... Warren Buffet is selling apple (11% of its stake), and Eisman is buying it 😂
@Johnny_Utah
@Johnny_Utah 24 күн бұрын
If you want to (for privacy reasons, whatever) you can already run llama3 locally on your PC It’s not so far fetched that it could run on a cellphone (tho it might not be great for battery life right now)
@syedarmaghanhassan4652
@syedarmaghanhassan4652 23 күн бұрын
@@Johnny_Utah no not really.. it will never provide update info unless it uses the processing speeds only possible through expensive chips and compjting speeds at server side. It can only save 1 GB or so Memory (or whatever your cell phone has to offer). It will only delived that saved info, and not what actuallay has been changed now or todsy in this dynamic world. So it may be good for 2 days. And then you need to keep updating all the time. So the very idea is a failure
@Sonofawildanimal4241
@Sonofawildanimal4241 Ай бұрын
ECONOMY IS GREAT!
@dbanks128
@dbanks128 23 күн бұрын
Didn't think I would like this interview. I like his common sense take on everything
@ananthoct08
@ananthoct08 16 күн бұрын
Oh, I'll be back here in november. Let's catch up Eisman
@issenvan1050
@issenvan1050 29 күн бұрын
Why does he constantly ask questions (then answers them)?
@capri2673
@capri2673 28 күн бұрын
Cos he's full of himself. I couldn't listen to more than 10 seconds of him talking in that ridiculous way.
@CokeBoyJay
@CokeBoyJay 14 күн бұрын
This aged well
@VonKirda
@VonKirda 26 күн бұрын
If this was cnbc, we would see the stock priceof "kwata?" Onscreen
@nicholas5396
@nicholas5396 27 күн бұрын
One of the many low hanging but lucrative probable ai revenue streams will be ai personal assistants who make life easier but at the same time monetize your information mores so than before by also utilizing ai to better predict how to sell and market to the users. Just a guess based on how things have played out since the internet and smart phone revolutions.
@zsazhamardavis4816
@zsazhamardavis4816 Ай бұрын
For any and every investor ask yourself how did this guy go from realizing the market was fraudulent to jumping back on Wall Street’s team?
@relaxingsilentfilms-LosAngeles
@relaxingsilentfilms-LosAngeles 16 күн бұрын
Smart man
@jonhart-dj7fn
@jonhart-dj7fn Ай бұрын
Warren Buffett wants a boiled egg as usual?..
@lnd3005
@lnd3005 24 күн бұрын
Fed shouldn't cut this year
@RJeffreySmall
@RJeffreySmall 16 күн бұрын
I can't believe all the haters on here. It's speculative investing, dude. This guy knows his facts and makes his bets. Don't hate him cause he is smart.
@Floridaloanpro
@Floridaloanpro 19 күн бұрын
Based Steve! Smart man
@1da_
@1da_ Ай бұрын
Can’t believe he’s a senior portfolio manager lmaooo
@xistcrypto
@xistcrypto Ай бұрын
8:30 out of touch
@albinothug
@albinothug 24 күн бұрын
So much higher.
@Ducotevision
@Ducotevision 27 күн бұрын
They must’ve needed to boost ratings…
@MegaPapa8888
@MegaPapa8888 27 күн бұрын
Very difficult to pin Eisman down. He will bet on both sides.
@chrismullarkey3181
@chrismullarkey3181 27 күн бұрын
Eisman doesn't understand Bitcoin nor does he understand the competition GPUs will soon face.
@EndDims
@EndDims 14 күн бұрын
If I was an investor in any fund this guy manages, I would definitely dump it after this interview.
@EndDims
@EndDims 14 күн бұрын
Eisman: "I'm not an economist" Eisman: proceeds to say really stupid things about the deficit Well he didn't lie.
@427vot
@427vot 13 күн бұрын
My college educated kids have lost hope of home ownership. Rent stretches them to the breaking point often and they need help. Steve is part of the financial machine that is driving the conditions my family is living with. This guy's is dip 5hit.
@josephbrady9784
@josephbrady9784 Ай бұрын
Gotta work in the anti American constitution disinformation.
@i_i8924
@i_i8924 26 күн бұрын
Guardians of the Galaxy 3 was great and the next big story was KANG but we all know what happened there. Do agree not having the Big 3 hurts Marvel and now they have to recast KANG too. Thor 4 sucked pretty badly.
@amarkmanpeters
@amarkmanpeters Ай бұрын
Fix Siri first
@Tradernotahater
@Tradernotahater Ай бұрын
When you hear Steve Eisman talk, you are listening to an individual who has been reading and educating himself continuously for nearly his entire life and it shows. He is truly brilliant.
@gdiwolverinemale4th
@gdiwolverinemale4th 27 күн бұрын
Yeah ... those who claim everything is well ... are right .... until proven wrong big time
@Ducotevision
@Ducotevision 27 күн бұрын
The deficit isn’t an issue…. Then every America shouldn’t have to pay back their credit debt…. Or any debt at that matter….
@MiguelRoque123
@MiguelRoque123 15 күн бұрын
Deficits dont matter because they have been wrong for 40 years?? Well, public debt kinda went from 40% of gdp to 120% 😂
@dannieduplessis2432
@dannieduplessis2432 Ай бұрын
I love this guy....finally somebody with intelligence and honesty that of course nobody will like and bet againts him and lose. He is rarely ever wrong with very good reasons. I dont like Trump but he is better for America than what they have now....surely...Biden is so incredibly corrupt and somehow is allowed to get away with it whilst doing everything he can to hang Trump. On that alone, Biden will get protest votes on what he has done to Trump. Bring on a new revolution and a new era for American politics.
@BaccaratDegen
@BaccaratDegen 27 күн бұрын
No one is talking about the coming debt crisis. Neither candidate for POTUS is capable of constraining government spending and so the debt will remain an intrinsic risk of catastrophic failure. Our children will be saddled with all this wasteful spending and future generations will incur taxes above 50%
@seangill83
@seangill83 17 күн бұрын
I think you are right, but Eisman didn't exactly say there isn't a coming debt crisis, he just said it's too early to really talk about (for investing purposes). Don't know if anyone else caught on but I think his seemingly arbitrary number of "40 years early" was actually not arbitrary, as you said our children will be saddled with this ever increasing debt and it will likely become a serious crisis when they become adults.
@LukeAdam-Jones
@LukeAdam-Jones 24 күн бұрын
It seems like a solid way to generate extra income, but I wonder how it would affect one's portfolio in the long run.
@amdave76
@amdave76 Ай бұрын
I like this dude. I believe he had a child die as an infant. Can't fathom the pain he must have experienced. It is good to see he is out there doing things.
@gavinmc5285
@gavinmc5285 11 күн бұрын
AI Weather Update: ☁️
@rolandnelson6722
@rolandnelson6722 28 күн бұрын
That ladies and gentlemen is a master class.
@jonhart-dj7fn
@jonhart-dj7fn Ай бұрын
Press 123 if received 😅
@AboveTheClouds87
@AboveTheClouds87 Ай бұрын
He is right, the last guardian of galaxy movie was unwatchable lol
@bobbykanae
@bobbykanae Ай бұрын
This Eisman doesn’t seem to realize the economy is not great for everyone. Its great if you’re rich and own assets. For most people its awful. Bitcoin is the only edge most poor and middle class people have, if they’re smart.
@Fenris__
@Fenris__ Ай бұрын
He is not wrong though that Bitcoin has been very correlated with the market so far. It's not a hedge it was supposed to be.
@bobbykanae
@bobbykanae Ай бұрын
@@Fenris__ correlated to the highest performers. BTC is up almost 4x since dec 2022 while gold is only up 35% since the same bottom in dec 2022. Every year people say BTC is either too volatile or not a hedge against inflation. I don’t know what else to tell you besides look at the numbers. BTC is only .2% of the global market share and its outperformed almost all asset classes every year. Its still early… just look at the numbers and not people’s opinions.
@jonhart-dj7fn
@jonhart-dj7fn Ай бұрын
Is Warren Buffett ready to eat?
@dalepetersen1166
@dalepetersen1166 13 күн бұрын
Im still appauled by January 6
@timmanto1022
@timmanto1022 29 күн бұрын
I hope Google starts to expand its OS and chromebook market. I think Google could eclipse Microsoft.
@MrZerged
@MrZerged 19 күн бұрын
Wow! Here’s a man you can’t trust your money with!
@brycejohansen7114
@brycejohansen7114 27 күн бұрын
I think he's not showing his hand and Guardians of the Galaxy 3 was one of only good film Marvel has made recently.
@punk6119
@punk6119 29 күн бұрын
Lost all credibility when he said G3 was unwatchable. Also, Quanta is not the only utility contractor. There are a ton of them. Utilities do so much contracting because there's just too much work for their own crews.
@WinStrong85
@WinStrong85 25 күн бұрын
Just like anything else, the deficit is not a problem until it is.
@nathanpruitt572
@nathanpruitt572 28 күн бұрын
"We are living with 5% rates just fine right now." This guy is outts touch with anything close to reality. I can't believe these are the folks we get to listen to.
@syedarmaghanhassan4652
@syedarmaghanhassan4652 Ай бұрын
11:00 Well Mr. Eisman, with all due respect, who do you think is going to make those AI GPU Chips for phone companies? NVIDIA 😅 And sorry to disappoint you, but it is NOT just going to be apple. DOJ won't let thst happen. It is actually going to be every single cheap mobile phone company who will be having the access to these chips to be able to support the AI Apps on phones they are selling. Apple will always be a bit better and faster, but not the only one. What does it mean for apple? Tremendous Competition, like what happened with Payapl. What does it mean for apple's profitability? Same what it did for Paypal. You see, apple, is not a new technology company. It is a 40 years old company making 30 years old device: mobile phones, with newer versions of technology, and it has a lot of competition. Translation: Sell apple and don't buy it, as it has proven that it isn't growing income as fast
@telluwide5553
@telluwide5553 Ай бұрын
I would love it if all these "experts" who predicted the 2024 election and got it wrong would be called back, regardless of who wins.... Although, I do like his "Oy deficit" people...
@sfoster18sf
@sfoster18sf Ай бұрын
Eisman doesn't understand the amount of computing power needed for AI. Sifting through TBs and/or PBs+ of data is not easy, nor quick. Phones will have to undergo a massive upgrade to compute and storage to not have any external dependencies. Unless current AI can contribute to generating this new device. I don't see it possible.
@FedtTony
@FedtTony Ай бұрын
Yes he seems to misunderstand how these models work. He will certainly be using an app, but it will be communicating with a pre-trained model running at a data center.
@sfoster18sf
@sfoster18sf Ай бұрын
@@IncoherentRamblingIdiot of course but the concept he laid out is singular (single node) with no outside dependencies. In addition, I didn't bring up performance related to generate a coherent response nor issues with heat.
@user-ol4hw4xe5y
@user-ol4hw4xe5y Ай бұрын
Эти заносы просто разносят)) и часто тебе так залетает вообще?
@tonylopetrone9828
@tonylopetrone9828 Ай бұрын
This interview sounds so incredibly scripted to me. Lol
@TooAjit2Quit
@TooAjit2Quit Ай бұрын
Seems really unscripted to me lol
@syedarmaghanhassan4652
@syedarmaghanhassan4652 Ай бұрын
AI chip isn't going to do the AI-inference/ computatation on the Phone itself or in the app either. The phone & the AI App is still going to use servers on the back-end to do the computations, which are done through the chips like NVIDIA'S $40,000 H100 chip (which by the way Elon Musk loves and said he will double the orders till the end of this year). Are phones going to have those 40k$ (or even $2000) chips on them? Is it a joke? Mr. Eisman should really learn a thing or two about technology and chips and how AI works... Warren Buffet is selling apple (11% of its stake), and Eisman is buying it 😂.. too early? It looks like it's already too late to buy apple! 😅
@Starcraftmazter
@Starcraftmazter Ай бұрын
I think you should learn a thing or two... He's talking about edge AI compute which runs models trained on GPUs locally on your device (phone in this case).
@syedarmaghanhassan4652
@syedarmaghanhassan4652 Ай бұрын
@@Starcraftmazter I'm thinking why did you get offended? Apple investor?
@syedarmaghanhassan4652
@syedarmaghanhassan4652 Ай бұрын
@@Starcraftmazter your mind is so condtioned, that you didnt see the point. Somebody has to make those chips.
@goldeneastgun
@goldeneastgun Ай бұрын
Let's all laugh at his dumb jokes because he's rich.
@Carlos-im3hn
@Carlos-im3hn Ай бұрын
@5:00 the Deficits do matter now....the massive Deficits do matter. The next president will find those horrors.
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