Self Effacing Jokes:

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That Nvidea guy, is the Taylor Swift, of technology

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Over here, I am poking fun at myself

I would like to think, I could impress Mr Swift

With my self deprecating humor

Which she would refer to as:

"Self Effacing Jokes"

It's just, to give those lyrics meaning in this context

Where we see our many flaws

I think everyone is singing along to those lyrics

Everyone

Why shouldn't they?