alt Hacker NewsI have nothing to say about this company's long term potential, but I'm curious to know whether this will become an enormous "tik stok" like SK Hynix became in South Korea. I've watched a short documentary about the investment mania in SK and it's really scary.
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Tesla is kind the same. Everybody bought it, because it went up so much, less because of the product. I guess every AI would do the same.
South Korea has opened its financial doors to the outside world, and since SK Hynix is a publicly traded company, that's allowed capital to flow in and take control of the company.
> the investment mania in SK and it's really scary.
i mean, it shouldn't be scary, because their failure is their own, and i doubt there would be collateral damage outside of those high risk investors.
It's scary for _them_, but it's an interesting case study for an outsider.
If the chinese government feels its critical to china's success then it will be backed like alibaba and wechat and others were