The 1847 rebuttal: someone who moved to SF early to sell shovels knows gold

binarybits · x · 2026-10-01

Responding to the "shovel maker" analogy, binarybits counters: if a guy moved to San Francisco in 1847 to sell shovels expecting gold to be discovered the next year, you'd think he knows something about gold mining — implying Jensen Huang's early GPU bet signals real foresight.

Related event: Does Jensen Huang Really Understand AI? The 'Shovel Seller' Debate(4 posts)→

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