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OpenAI is not a public company - it shouldn't affect anyone's 401K.
by BeetleB 1y ago
OpenAI is not a public company - it shouldn't affect anyone's 401K.
- avrionov 1y agoIt will affect Microsoft, NVidia, Oracle at least and many other companies which have deals with them.
- BeetleB 1y agoAnd when it does, the losses in their 401Ks will be due to the artificial gains they've been seeing in the last few years. IOW, I don't expect people's 401K to dip below what it would have been had the AI bubble never existed.
- avrionov 1y agoIt depends how big is the panic. It could take down many companies.