The Token Maxing Scam: Who's Really Benefiting?

_{An image I generated with AI}

Heard about Token maxing? It's this concept that has been floated around by people with ulterior motives.

Like for example the CEO of Nvidia

Jensen Huang's statement: "I'll be deeply alarmed if an engineer getting paid $500K doesn't consume at least $250K worth of AI tokens
_source

This is a flawed concept, but as I mentioned folks with ulterior motives are the ones that pushed these narratives, there is no denying that AI allows us to do much more work but it doesn't just mean using more of it will just yield unlimited returns.

With the way things are right now the AI still needs a lot of management, direction, and quality assurance.
And when you bring agentic AI into the mix things can get even more hairy.

And Keep in mind who is the the model provider, and how badly they need to boost their token usage to stop the bleeding, I think we are likely going to be in for a serious crash, all markets are house of cards to a certain extent but what is happening right now with this AI bubble is massive and incredibly shaky lots of unprofitable companies essentially exchanging cloud assets.

The reality is hitting a lot of companies, its much like the bubbles of the past just blindly jumping on the bandwagon is usually not going to work out well, let me be clear much like the internet AI is here to stay and it's development will not be stopping anytime soon, but these shady antics are likely to lead to economic grief for many.

I am a financial advisor ! If you can't take personal responsibility for you investing, I hate to brake it to ya, but you ain't nothing but a sucka, you supposed to lose your shit.

Hive account@bitcoinman's bits of wisdom

• Invest only what you can afford to lose and be mindful of the potential risks.
• Unless you can accept delivery stay away from futures and stick to physical.
• Leverage is a great tool for losing money fast.
• Numismatics for the lows stick to smart stacking baby.
• Be cautious of new schemes in crypto, like ICOs, DeFi, and NFTs, do your research before investing.