Sell Nvidia and Replace It With What?! The Truth Behind Eric Fry's Off-The-Wall Trade Idea...

Eric Fry is breaking ranks with Wall Street by saying "Sell Nvidia." Because history, he says, is repeating itself. In 2000, Eric Fry told Barron's that folks should sell one of the dot-com boom's most beloved stocks right before it fell more than 90%. Now, he says investors need to replace Nvidia stock with a much better alternative - before their money is wiped out.

Mark Cuban Thinks Elon Musk's Grok Chatbot Is Right Leaning, While Google's Gemini Is Left Leaning: 'Can Big Tech Actually Field Generative AI'

Ananya Gairola
February 28, 2024

Mark Cuban, the billionaire entrepreneur, and investor, has weighed in on the ongoing debate about the future of AI models and suggested that Elon Musk’s xAI’s Grok could be considered “right-leaning,” while Google’s Gemini might be “left-leaning.” 

What Happened: Cuban’s comments came in response to a post by Marc Andreessen, co-founder of the venture capital firm Andreessen Horowitz. Andreessen raised concerns about the ability of big tech companies to develop generative AI products, citing various potential issues.

He said, “Can Big Tech actually field generative AI products?” and listed six potential challenges, including “Ever-escalating demands from internal activists, employee mobs, crazed executives, broken boards, pressure groups, extremist regulators, government agencies, the press, ‘experts’, et al to corrupt the output.”

See Also: Mark Cuban Makes ‘Geek To Geek’ Offer Of $75K On Shark Tank: ‘I Want You To Myself’

In response to Andreessen's post, Cuban said, “It’s the Innovators Dilemma. But if they can’t figure it out, we are about to see the greatest destruction of stock market wealth, ever.”

Cuban went on to say, “FyI, this is not a threat to AI and its future. Why? Because there will be millions of branded AI models and hundreds of millions of un-branded and personal models.”

He then suggested that these models could be categorized as “right-leaning” or “left-leaning,” with xAI’s Grok being an example of the former and Google’s Gemini representing the latter. 

Why It Matters: Cuban’s comments come amid a broader debate about the future of AI models. Musk, the founder of xAI, has been a vocal advocate for the pursuit of truth in AI technology, particularly in the wake of Google’s Gemini AI controversy

In December last year, the tech mogul said that he will make Grok more politically “neutral” after the chatbot appeared to express views similar to that of OpenAI’s ChatGPT.

was taking immediate action to make his AI chatbot, Grok, more politically neutral after it appeared to express political views similar to that of ChatGPT.

Meanwhile, Google’s AI chatbot came under fire for generating incorrect images of historical figures, leading Musk to criticize the senior director for Gemini Experiences and the broader AI model landscape. 

These developments have sparked a wider conversation about the potential biases and implications of AI models, with Cuban’s comments adding a new dimension to the ongoing discourse.

Photo by Kathy Hutchins on Shutterstock

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next: Mark Cuban Could Succeed In Business With $500 And A Phone

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Popular

Bit Digital Bets Big On ETH Staking As Mining Plans Fade

Bit Digital's Q3 earnings show shift to Ethereum staking, with analyst maintaining Buy rating and $7 price target.

Schwab: Half Of US Investors May Ditch Other Assets For ETFs — 4 Funds To Watch

Nearly half of ETF investors could go all-ETF within five years, Schwab says. Here's how they're building portfolios with funds like ITOT, BND, and XLK.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Boeing may face its first civil trial seeking damages for deadly Ethiopia crash

More than six years after a jetliner crashed in Ethiopia, the first civil trial stemming from the disaster that killed all 157 people on board appears poised to move forward.

UPS distribution hub in Louisville has 300 flights per day. What to know

LOUISVILLE, Ky. (AP) — A at a Louisville, Kentucky airport where the company operates its largest package delivery hub.

The Window for Preparation Isn't Just Closing - It's Slamming Shut. - Ad

What I've uncovered about the true impact of President Trump's tariffs and DOGE initiative has left me deeply troubled. As someone who worked inside the Federal Reserve system and managed billions for America's wealthiest families, I recognize the warning signs others miss. I urge you to see my urgent message immediately.

IRS Direct File won't be available next year. Here's what that means for taxpayers

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed.

Is This Nvidia's Next Big Invention? - Ad

Nvidia helped trigger a historic AI boom that minted 600,000 millionaires in America. It's now working on a new tech that could be even bigger than AI. According to Bank of America, "this [technology] could be the biggest revolution for humanity since discovering fire."

Dave Ramsey Reveals Why Millionaires Crush Mortgages Early

Dave Ramsey advises buying a home with cash, citing his firm's survey of millionaires who often retire their mortgages in about 10 years.

Metals... Not Missles... Is the New Arms Race - Ad

China and Russia control 70% of the world's critical minerals, giving them leverage over the West. One N. American discovery could help shift that balance by developing the metals essential for defense systems.

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

The "Mar-A-Lago Accord" Is Now Underway - Ad

The global order is in chaos. And according to 40-year market veteran Dr. David Eifrig, the biggest controlled demolition of the old monetary order in history could now be here, too. That means if you don't take action today, your wealth could decline by 40%... (Yes, even your cash savings.)

Wall Street Enters Its Strongest Month: These 7 Stocks Often Crush It

November is historically Wall Street's strongest month. These 7 stocks often delivered standout gains in recent decades.

France threatens to block Shein over sale of childlike sex dolls ahead of Paris store opening

PARIS (AP) — French authorities have warned they may block access to after it emerged that the online fast fashion giant had been selling sex dolls with a childlike appearance.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Another Gold High? Here's the Move Wall Street Is Missing ... - Ad

Gold just surged past $4,200, up 45% in a year - but Sean Brodrick says $6,900 could be next. History shows when gold booms, one hidden play has delivered far bigger gains - 21x, 49x, even 1,386x. The same strategy once handed 26,000% profits. And Sean says it's back on the table now.

Investigators look into 'repeating bell' heard during takeoff of UPS cargo plane that crashed

LOUISVILLE, Ky. (AP) — A repeating bell sounded in the cockpit for 25 seconds as pilots tried to control a UPS cargo plane that caught fire, had an engine fall off and this week in Louisville, Kentucky, a National Transportation Safety Board member said Friday.

Tempus AI Stock (TEM) Slides 6% Overnight: Here's Why The Stock Is Trending

Tempus AI shares fell 6.02% in after-hours trading Tuesday following its third-quarter earnings report.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit before November 18's bombshell.

Japanese game maker Nintendo reports zooming sales and profit on its hit Switch 2 machine

TOKYO (AP) — Japanese video-game maker Nintendo’s net profit jumped 85% in April-September from the year before, as its sales more than doubled following the launch of its hit Switch 2 console in June, the company said Tuesday.

America's Defense Future Starts Underground - Ad

A N. American metals project just caught the attention of Rio Tinto - a mining giant. With four projects in key regions, this firm is aligned with Washington's push to rebuild the defense-metal supply chain.

TSLA, PLTR, IREN And More: 5 Stocks That Dominated Investor Buzz This Week

Retail investors talked up five hot stocks this week (Nov. 3–7) on X and Reddit's r/WallStreetBets: TSLA, PLTR, MSTR, AMD, IREN.

Sell Nvidia and Replace It With What?! The Truth Behind Eric Fry's Off-The-Wall Trade Idea... - Ad

Eric Fry is breaking ranks with Wall Street by saying "Sell Nvidia." Because history, he says, is repeating itself. In 2000, Eric Fry told Barron's that folks should sell one of the dot-com boom's most beloved stocks right before it fell more than 90%. Now, he says investors need to replace Nvidia stock with a much better alternative - before their money is wiped out.

'No hire' job market leaves unemployed in limbo as threats to economy multiply

WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed for longer than three months.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

AP Business News Digest

Here are the AP's top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP's coverage, visit AP Newsroom’s .

Benzinga Bulls And Bears: Starbucks, DraftKings, Enovix — And AI Stocks Take A Fall

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

The Window for Preparation Isn't Just Closing - It's Slamming Shut. - Ad

What I've uncovered about the true impact of President Trump's tariffs and DOGE initiative has left me deeply troubled. As someone who worked inside the Federal Reserve system and managed billions for America's wealthiest families, I recognize the warning signs others miss. I urge you to see my urgent message immediately.

Trump Barred From Deploying Oregon National Guard To Portland, Judge Cites State Sovereignty

A federal judge handed down a decisive ruling on Friday, blocking Trump's attempt to send Oregon's National Guard to Portland.

African Union Rejects Trump's Claims Of Targeted Killings In Nigeria, Warns Against Military Action

The African Union rejected U.S. claims that Nigeria targets Christians, emphasizing the country's constitutional religious freedom and sovereignty.

Is This Nvidia's Next Big Invention? - Ad

Nvidia helped trigger a historic AI boom that minted 600,000 millionaires in America. It's now working on a new tech that could be even bigger than AI. According to Bank of America, "this [technology] could be the biggest revolution for humanity since discovering fire."

Court Blocks Trump's SNAP Reductions, But Stricter Eligibility Rules Begin

New work requirements for SNAP begin Saturday, but benefits may not be issued through November due to the government shutdown.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service