Basically every time there is bad news and a decline in any major stock I see a rush of people on Lemmy (to be fair, everywhere) proclaiming how, um, actually whatever just went bad is good and looks a lot better if (add tortured logic here).
There is an element of "the market does well as long as everything thinks it does well", and a lot of people working hard to keep that self fulfilling prophecy rolling.
Wager there's a lot of room for this to happen, a popular thing in companies to show they care is a pledge to match up to some nominal amount donated by employees to the same cause.
I do wonder if some of these companies attach a "don't credit us" clause, since they are leaving it to the employees to pick causes, they might not want to get associated with a cause just at the whim of a random employee.
Or at least some employees do. At some companies it happens unofficially because the company actively forbids or requires an onerous approval process to contribute to open source.
I get a bit ticked off that companies get credit for contribution or projects and the individuals actively behind those contributions and projects are largely uncredited, especially when it only happens against the wishes of the company, that retroactively decides it's good press to take credit for their employees' work.
To be fair, most of that was before this revelation. It is at least clear that the so-called "neocloud" part of the bubble was in trouble, which dragged Nvidia since a lot of their money is tied up in those neoclouda. Then after elections included a lot of anti datacenter measures, that doesn't bode well either. This scandal is just another thing for the pile of bad news.
Also how the cup does a little fall over then rights itself strangely. AI slop can do things.
It is not.
Thanks, I changed my bank account to have 100 million dollars with that one weird trick.
Don't even joke, I would not be surprised if our security team latched onto this unironically.
And today, another 4% down, in a market that is not terribly down otherwise. And this is after a decline, currently at a 24% decline for the month.
So this scandal caused them to go down a pretty beefy amount while others made something of a recovery, and it has continued for two days, and exacerbates the stocks broader struggles.
Last time we had the roof done, they were pretty good with the magnet over the whole yard.
Note this is far from a universal experience in this industry. Even if vibe coding worked as well in my problem domain as others, my manager would still be unable to deliver a vaguely decent solution.
Recently I was asked to review a vibe coded application from a random guy who convinced management he was onto something. But neither he nor anyone he knew could even identify the correct person to review the solution he vibed up. So they went to me and I recognized that I had nothing to do with the problem and forwarded them to the folks that would.
Ultimately, it was a rather visually impressive demo that didn't do anything vaguely right under the presentation. This is the sort of disconnect between management and what they manage, they have a whole culture of not even understanding the depth of their problem domains.
The affairs themselves are a salacious twist on the vulnerability to espionage and the other affair was with an Nvidia exec, which is a huge office politics no no and corporate sharks are circling..