I would have asked, “And what exactly does ChatGPT think it is?” Because there’s a pretty good chance that it made up a definition that is 100% bullshit.
We are all redundant now. How does it feel living what I lived through mg entire life?
Can AI open a jar? Can AI kill a spider?
10/10 usage of this GIF
One day they have secrets
My gf knows nothing about math. And has to learn a bit. I’m a software engineer so of course I offered to teach her.
Gave her some exercises to do. Because she prefers to do them alone without help. And after 30 minutes she’s like “can you help me decipher what chatgpt told me?”.
Of course, what chatgpt told her was utter garbage. Bruh, I’m right here and I’m teaching you, just ask me for help, not a word predictor.
I’m actually impressed how bad chatgpt answered, this was low high school level maths/physics. The bot is advertised as if it were going to leave me without a job in the next year.
Your GF secretly works for openAI. You’re not teaching her, she’s getting you to train chatGPT :O
I had to explain this to my girlfriend, I still have a job
Well our society is falling apart as we barrel towards another great war with the most certainly a expectation that Yankeeland is gonna drop a nuke on a civilian population. There will be conscripts and consequences. Oh yeah let’s not forget arresting the homeless and giving them felonies and throwing them into for profit prisons. Lets not forget the hooverviles. But sure you’re a top G with your illgotten gains with a currency that is rapidly declining. What a limp dick techchoad dum dumb culture. Drinking from a poisoned well were the bully gets you to punch yourself in your own face and you celebrate this. We celebrate this world of the lowest common denominator. We eat our own. This is a empty vessel of lesser things. A pit of despair… A whoreable land that is hostile to real innovation and creativity. We all are nothing but dildos for the capitalist. It would be better to be closer to the blast zone. The rich have bunkers and we all will starve to death. Capitalism is a death cult and shorting is gambling with your children’s future. Only the most idiotic will replicate. This seems now a activity for the most supremely vain, non mathmatical and selfish. Thank gawd all men die.
This is a very intense, and worryingly doomer response to someone vaguely mentioning the concept of short selling
You’re wasting computation time by saying please to your boyfriend. Alman said it and he has a boyfriend.
That’s when you turn it around and ask her about how to deal with some social situation. Oh nvm, chatgpt gave me a great idea
Shorting: cutting your jeans into shorts
That’s jorting. You have bejorted yourself.
Shorting is when you plug your fork into an electrical outlet.
Comment from a chud relative is that this is a fake fight so liberals stop hurting Tesla 😂. Coping so hard. Must be embarrasing to be that desperate.
You good?
First they came for my mansplaining and I said nothing…
Shorting: Like investing but you can lose more than you put in.
so just regular investing?
No.
With regular investing, you buy an asset (e.g. a share for $10) and sell it later. The most you can lose is that $10.
With shorting you borrow a share for $10, and sell it. Then you buy it back later and give the share back. The idea being that you buy it back for $8 and you’ve made $2 profit. But what if the price suddenly rockets up to $100? Now you’ve lost $90. More than your initial stake.
You’re confusing me. I’m just gonna ask ChatGPT.
Shorting: investing but you take a loan to do it and you bet on things failing.
Investing: Theoretically infinite gain, limited loss
Shorting: Limited gain, theoretically infinite loss
Shorting: Gambling
So is a lot of types of investing, so that’s really not a good definition, and just like investing if you know what you are doing you can come out way ahead with an almost guarantee with shorting
Correct me of im wrong. But cant you lose an infinite amount if the stock rockets up and the share owners comes asking their shares back?..
Well, if it went up an infinite amount, then yes. In reality, that’s pretty unlikely
Yes you can
In a similar vein to the other person responding to you, how exactly does one ‘know what they’re doing’ on the stock market without being tied in to VC firms, etc.?
If you aren’t a trader you likely don’t know and therefore you shouldn’t go around shorting shit, or if you do post your losses on the wallstreetbets community on lemmy or reddit if there is no lemmy version
No I’m not exactly interested in shorting, I didn’t get wound up with the apes on Reddit. I’m mostly just curious, I don’t understand it.
Edit: I understand what shorting is, I do not understand why shorting happens to the companies it happens to.
I understand what shorting is, I do not understand why shorting happens to the companies it happens to.
People believing the current price to be higher than the future price.
But is that it? Isn’t shorting entirely speculative and based on whether anyone is actually watching the stock closely? To my understanding, that was the reason VC firms chose businesses like Gamestop and BB&B to short. Am I wrong about this?
Investing in any single thing is gambling in my book.
Sure, it can pay off, but it can go badly too, and “knowing what you’re doing” is what everyone thinks they’re doing, right up to the point where they don’t.
Although shorting Tesla might not be a bad plan right about now. Seeing Trump and Musk destroy each other is what I live for.
Shorting tesla might not seem a bad plan for about a decade now, the market can remain illogical longer than the premiums you pay on the short position.
Well you can also have “know how” from other things, for example years ago I was following a lot of PC hardware news and for me it was sure as fuck that both AMD and Nvidia will only increase for a while, Ryzen was starting to go strong and Intel was not putting up competition, and the then crypto market nicely transitioned into AI for keeping demand for Nvidia products high af.
Anyone who knew someone from the boeing factories or had knowledge of what went on in that company likely should have known to short the shit out of the boeing stock the moment the first 787 Max went down.
Really the stock market involves a lot of paying attention to stuff and then trying to to bet on the more likely stuff, it’s never a guarantee is it.
Right now I am mostly paying attention to the car market, there I would say shorting US car manufacturers is a decent bet, Nissan if the stock is still low is a decent investment target, I don’t think they will go under and they have some nice cars at good prices.
Stellantis went through a bit of turbulence, but they are coming out with some good stuff now, so they could see some upswing.
But really I haven’t even looked at the stock prices so this might be all stupid shit.
If you don’t want to gamble just invest in ETFs every month and you will be fine.
If you don’t want to gamble just invest in ETFs every month and you will be fine.
I mean, that’s still gambling. If you invest in a world-wide, well-spread, low-cost ETF, you’re essentially betting that the worldwide economy will grow faster than inflation+costs.
That’s a pretty safe bet, but still a bet.
People do know they could have just googled things and looked at the top results before right? Even with all the enshitification it’s gone through it will still usually yield something useful for any topic that isn’t super niche. Like if I search “shorting” the top 3 results are articles from Wikipedia, Investorpedia, (don’t know enough about it to know if it’s reliable) and Charles Schwab, a source with a conflict of interest since they probably sell that service, but they’re probably at least going to explain why you’d want to buy it from them, and then as a bonus the 4th result is an ELI5 Reddit thread, which while probably not the most reliable source of info, is probably about on the same level as randomly asking your SO about a topic which they’re not an expert in.
I too have wondered about this. I doubt I will ever think to ask a chatbot a thing I would normally just “google” using a search engine. Sifting through search results is a skill/habit honed over 25+ years that just makes more sense to me. I also don’t trust AI to answer correctly.
Just fyi investorpedia is reliable. Ive personally never found incorrect information there.
Im not so sure id call schwab a conflict of interest exactly. They do provide the service, but financial institutions like that are not allowed to provide investing advice, so they cant upsell strategies like that. All they can do is explain it so that you know what strategy you want to pursue.
If ai can start pirating old movies then it’s curtains for me brotherzz 😞
I just like making chit chat with deepseek, that’s about it for me and AI.
“Hey Alexa, add Rick and Morty to Sonarr and download the first season for me”
You got a girlfriend with that skill? You have no idea how much hope you’ve given me my brother.
For real, I feel like its part of the reason Ive kept my S/O so long 😭
