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> How a crash affects anyone other than high-net-worth individuals with money tied up in VC funds is not explained. That is even worse. There are many so-calle
by rvz 1y ago
> How a crash affects anyone other than high-net-worth individuals with money tied up in VC funds is not explained.
That is even worse. There are many so-called "AI companies" drowning in spending lots of tokens and the majority of them have lots of assumptions when going to raise more money to VCs.
What if the VCs say no?
What if 90% of all these startups get competition from a frontier AI lab and undercuts them? We are seeing this with Cursor and Anthropic already.
What if early-stage startups cannot afford the 100K per H-1B hire anymore AND cannot hire remote overseas due to the HIRE act?
Additionally, we are going to find out what does not mix well together with AI and will inevitably cause a crash that could come unexpectedly.
> Real estate and crypto on the other hand...
At least we do *know* that both of them do not mix well together.
AI + layoffs + mortgages on the other hand...