Sicela ujoyine Ulwazi e-New York Stock Exchange ngoMsombuluko, Ephreli 27, esithangamini sethu "sokuxhasa ngezimali i-AI Revolution". Yizwa kubaphathi abaphezulu nabatshalizimali ukuthi ukwakhiwa ngokushesha kwe-AI kububumba kanjani kabusha ubuchwepheshe, ezezimali kanye nezimakethe ezinkulu. Funda kabanzi lapha.Izinselele zezimali ze-SpaceX ziye zacaca kakhudlwana evikini elidlule, ngenxa yokubika okusha okuvela kozakwethu u-Cory Weinberg. Ngesonto eledlule, wakhipha izindaba mayelana nokulahlekelwa kwe-SpaceX cishe kwezigidigidi ezi-5 ngonyaka odlule, futhi ngoMsombuluko, wathola imininingwane ngokukhula kwe-Starlink kanye nokulahlekelwa endaweni yenkampani kanye namabhizinisi e-AI. Ehlome ngalolo lwazi, kuyacaca ukuthi kuzoba nzima kangakanani ku-Elon Musk ukukhulisa imali ayifunayo noma yikuphi eduze nenani lakamuva le-SpaceX lama-trillion angu-1.25. Kuchaza ukuthi kungani ephusha kanzima kangaka ekufuneni ujusi ngokuthola isitoko ngokushesha sengezwe ezinkombeni ezinkulu zesitoko. Ukuthi isitoko sisheshe sijoyine i-S&P 500 nezinye izinkomba ezinkulu kubaluleke kakhulu, ngoba ukufakwa ezinkombeni kudala amashumi ezigidigidi zamadola afunwayo kubatshalizimali benkomba abazophoqeleka ukuthi bathenge amasheya e-SpaceX, kungakhathaliseki ukuthi bazizwa kanjani ngebhizinisi layo ukuze ngibone i-valurio yezinga lezinga elingeziwe. phatha lokhu, ngoba eminyakeni embalwa edlule ngasiza ekukhetheni amasheya akha i-Dow Jones Industrial Average. Kwakuyingxenye exakile yomsebenzi wami ngiqhuba ukufakwa kwezimali e-Wall Street Journal.Ngaleso sikhathi, umhleli oyinhloko weJournal wayenomthwalo wemfanelo wokukhetha amasheya angu-30 ku-Dow. Empeleni, omunye wabahleli abakhulu bezezimali bephepha wenze wonke umsebenzi. Kwakuyimi lowo. (Umhleli we-Journal akasakhethi amasheya.) Umgomo wawuwukuba nenhlanganisela yezinkampani ezibonisa umnotho wase-U.S., owawusukile emkhakheni wezimboni waqonda kwezezimali, ezobuchwepheshe kanye nokunakekelwa kwezempilo. I-Tech yayilula: Sengeze i-Microsoft ne-Intel ngo-1999. Futhi izinkampani ezinkulu zekhemisi zazisobala. Siphinde sengeza izinkampani zezezimali ezifana namabhange kanye nezinkampani zomshwalense. Lezo zimboni bezilokhu zikhula ngokushesha, ngenxa yenkathi yentuthuko enenzalo ephansi kanye nemakethe yezindlu ekhulayo. Lokho kwakusho ithani lezikweletu, ezisize ekugqugquzeleni inqwaba yezindlela ezintsha zezimali, okuhlanganisa izibopho zezikweletu ezibambisene kanye nokushintshashintsha kokuzenzakalelayo kwezikweletu okwaba yingozi ekwehleni. Ekuqaleni kuka-2008, sengeze iBhange LaseMelika. Ezinyangeni kamuva, ukwehla kwaphuma ohlelweni lwezezimali. Ngonyaka olandelayo nengxenye, sakhipha i-Citigroup ne-AIG (kanye noGeneral Motors) enkombeni ngemva kokuba iWashington ibakhiphe ngebheyili bonke. Lokhu kuhlobana kanjani ne-SpaceX? Ngoba kuyisikhumbuzo sokuthi izinto zingahamba kabi kulokho ocabanga ukuthi ukubheja okuthile. Emuva eminyakeni eyandulela u-2008, bambalwa ababekholelwa ukuthi ukukhuphuka kwezindlu kuzophela. Kodwa kwenzekile, okwaholela ekwehleni kwamanani ezindlu ezweni lonke okwakungakaze kwenzeke ngaphambili. Abatshalizimali ababecabanga ukuthi imali yokubolekwa kwempahla iphephile futhi ukutshalwa kwezimali okunenzuzo kwalahlekelwa okukhulu. Kulabo batshalizimali kwakukhona amabhange kanye nezinkampani zomshwalense esasizifake ku-Dow.Fast-forward kuze kube manje. Ngenkathi ubuchwepheshe bunzima kulo nyaka, bambalwa abantu abangacabanga ukudayiswa kweminyaka okuqeda izigidigidi zokutshalwa kwezimali. Kodwa ukulinganisa kuphezulu uma kuqhathaniswa, amazinga ezikweletu anyukile futhi lo mkhakha usungene emakethe echumayo kodwa engaqinisekiswanga ye-AI. U-Musk uphinde wabopha i-SpaceX ku-AI boom ngesithembiso sakhe sokufaka izikhungo zedatha emkhathini, njengoba uzakwethu uTheo Wayt ebike. Kungenzeka ukuthi lokho kungukuthethelelwa kukaMusk kokulinganisa inkampani yamarokhethi ephumelelayo kodwa ekhula kancane ye-SpaceX, inkampani yayo ye-AI elisalelayo, eshisa imali kanye nenkonzo yayo ye-inthanethi yesathelayithi esebenza ngokuqinile. Uma ukunikezwa kokuqala komphakathi kwe-SpaceX, futhi kamuva i-Anthropic kanye ne-OpenAI, kungena ngaphansi kokulindelwe okuphezulu kwabatshalizimali, umonakalo ungase usabalele. Umkhakha wezobuchwepheshe ubala cishe ingxenye yesithathu yenani lemakethe yamasheya yase-U.S., kanye nengxenye enkulu yezinzuzo zayo kule minyaka emithathu edlule. I-SpaceX ngeke ijoyine i-Dow noma nini maduze. Lokho akunandaba kangako ngoba imali encane kakhulu ilandela leyo bhentshimakhi. Inkomba ebalulekile yi-S&P 500—cishe ama-dollar ayizigidi eziyizinkulungwane ezingama-20 kuzo zombili izimali zenkomba nokutshalwa kwezimali kulinganiswa nayo. I-S&P inezidingo eziqinile mayelana nokuvumela izinkampani ukuthi zingene. I-SpaceX izodlula iningi lazo kodwa ingase ikhuhlwe yizimfuneko zokuthi izinkampani zenze inzuzo kanye nemithetho mayelana nokuntanta kwazo, okusho ingxenye yamasheya enkampani ehweba emakethe. Uma i-SpaceX ingena kunkomba kokuthiukulinganisa kwezigidigidi ezingu-1.25 zamaRandi, isitoko sizofika ku-10 ephezulu ezimakethe ngamanani amanje, ngemuva kwe-Tesla futhi senza cishe u-2% wenkomba. Lokho kungakhuthaza ukuthengwa kwamaRandi ayizigidi eziyizinkulungwane ezingama-400. Ukwazi ukuthi labo bathengi abaphoqelekile babelinde emaphikweni, abatshalizimali bangatshala ngokuzethemba amasheya abo azokhuphuka.Ukuphepha okucatshangwa kanjalo kulokho okuyimpahla eyingozi ngokuvamile kuvame ukuba imbangela yezinkinga zezimali. Yilapho izinkinga zingavela khona. Ukubika kukazakwethu u-Cory kukhombisa ukuthi i-SpaceX ilahlekelwe ngama-dollar ayizigidi eziyizinkulungwane eziyisi-5 ngonyaka odlule nokuthi ama-dollar ayizigidi eziyizinkulungwane eziyi-11.4 wemali engenayo eyizigidi eziyizinkulungwane ezingama-18.7 evela enkampanini ye-inthanethi yesathelayithi, i-Starlink. Indawo kanye namabhizinisi e-AI ashise imali eyizigidi eziyizinkulungwane ezingama- $ 17, kuyilapho i-Starlink ikhiqize cishe amabhiliyoni amathathu. Nokho i-SpaceX inenani eliphindwe izikhathi ezingu-266 emalini etholwa ngonyaka odlule ngaphambi kwenzalo, izintela, ukwehla kwenani kanye nokuncishiswa kwemali. Yonke inkampani engaphezu kwayo ngobukhulu ibhekwa njengengxenyana yaleyo mali ngaphandle kwe-Tesla, engena ngezikhathi ze-119. Uma amaphupho ka-Musk e-robotaxis, amarobhothi kanye nezikhungo zedatha emkhathini engafezeki, izigidi zabatshalizimali zingase zibambelele ekubambeni amasheya amabili abizayo ngaphandle kokuningi ukuqinisa amanani abo. Ngeke kube enye inkinga yezezimali, kodwa izobangela ukulahlekelwa kwangempela ezimakethe. Okusha Okuvela Ezintathelini ZethuI-ExclusiveOpenAI Ihlela Amanani Amasha Ezikhangiso Ze-ChatGPT, Ihlola Okunye UkuthuthukaNgu-Ann GehanExclusivePolymarket Ihlehlisa Isifundo Sokuqalisa I-Piggyback Ku-Insider TradesNguMichael RoddanAI IngqalasizindaIMicrosoft Yehlise Ukuchitha Kwe-AI. Manje Idlala I-CatchupNgu-Ann Davis Vaughan

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