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I don't think so. Remember the first time you wanted to buy a stock. You used a product or a service that you liked immensely, realized it had a stock and wan
by JumpinJack_Cash 9mo ago
I don't think so.
Remember the first time you wanted to buy a stock.
You used a product or a service that you liked immensely, realized it had a stock and wanted to be involved.
1 billion people are using AI, not dramatically changing their lives yet of course but for sure they go 'wow incredible I want to be part of this' when they make a video with Sora or generate a pamphlet without having to work
- rsynnott 9mo agoSo you’re hoping for the ai bubble to be saved by naive retail investors? I mean, that can’t last forever.
- mikestew 9mo agoNor would it have much impact. Retail investors are a tiny part of the market. Sure, we all have 401Ks and IRAs, but are we collectively trading GOOG and MSFT? No. The people managing funds that go into those 401Ks are trading those stocks, but individually we aren't (generally speaking, of course).
- hvb2 9mo ago> 1 billion people are using AI, not dramatically changing their lives yet of course but for sure they go 'wow incredible I want to be part of this' Subtract the part that doesn't know they're using AI or when they do know have mixed experiences. Then subtract the vast vast majority of people who don't have the money to invest.
- f33d5173 9mo agoThat's not why I bought stocks for the first time. I had extra money and wanted it to grow rather than sit around. I think the same is true of the majority of people. I don't think we're disagreeing with each other in that we both think that ai will continue to be a successful industry, and furthermore that we both think that investors think the same. I'm simply hypothesizing an origin for the widely acknowledged bubble in ai stocks.