4 ms·
I believe it’s a bubble, and that it will burst, but I’m only a little worried about the market. Yeah, there could be a sell-off of tech, but the people who so
by Apreche 1y ago
I believe it’s a bubble, and that it will burst, but I’m only a little worried about the market.
Yeah, there could be a sell-off of tech, but the people who sold will reinvest elsewhere.
Also, 401ks still exist. Every week people get paychecks and they automatically buy stocks, no matter what the market situation. The only thing that can bring that down is if less people have jobs with retirement plans. If AI busts there will be some amount of re-hiring somewhere to cover it.
Could be scary for people with tech stocks, but less scary with index funds going long term.
- CommenterPerson 1y agoPeople with 401Ks can move money from stocks to bonds or money market accounts. Poof!
- goalieca 1y agoI think it may be good for jobs in the tech sector when it bursts. The 300B invested in hardware and data centers were not being invested in labourers like ourselves.
- sharemywin 1y agoI think once Exec learn all the programmers they fired need to be rehired cause AI ain't going to replace them and the AI tools need to be integrated in with all the current tech.