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How would this make sense if the market is a bubble? Bubbles pop by definition and you end up losing everything? Not sure what it has to do with your employment
by dottjt 3y ago
How would this make sense if the market is a bubble? Bubbles pop by definition and you end up losing everything? Not sure what it has to do with your employment.
- aurareturn 3y agoBecause if AI is good enough to permanently end my software dev job, it should be valued much much much higher than the stock market today. I imagine a world where anyone has an AI powerful enough to make apps that used to require a full team of professional software developers and do so much quicker. If we get to that world, I don't see how the stock market wouldn't be significantly higher than today, even if it's in a bubble today.
- IanCal 3y agoYou can view your skills as an asset, and balance your investments accordingly. "Lose everything" is a wild stretch. They have 30% in a moderately broad fund. They have a chunk in companies that are still doing non-ai things, then their first part is chip manufacturers. AI could disappear and people would still need computers.