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At the end of 2023 the Nasdaq 100 was 15000, now it is 24200. The economy was better in 2023, before this "AI" nonsense and all the layoffs began. The bubble i
by bgwalter 1y ago
At the end of 2023 the Nasdaq 100 was 15000, now it is 24200. The economy was better in 2023, before this "AI" nonsense and all the layoffs began.
The bubble is more isolated than in 2000. If "AI" crashes, tech companies might focus on real progress again.
At the beginning of 2019 the Nasdaq was at 6000 and the economy was even better, with ample jobs in the tech sector.
- deleted 1y ago[deleted]