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SpaceX IPO makes Elon Musk the world's first trillionaire (www.reuters.com)
submitted 5 months ago by to c/technology@lemmy.world
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[–] 7 points 5 months ago* (6 children)

If you have a retirement account or an index fund you are one of those cunts

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  • [–] 6 points 5 months ago (1 child)

    You can direct your provider to invest however you personally feel comfortable. But it's incredibly boring for most people to have to administer this and the whole point of a pension fund is you don't have to worry about it. Otherwise I might as well play the stock market myself.

    A lot of pension managers now are starting to become increasingly wary of AI and "fledgling startups" that have been going for 20 years and have still yet to generate a profit

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  • [+] 5 points 5 months ago (1 child)
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  • [–] 0 points 5 months ago

    Personally I would advise keeping money out of AI just generally anyway, not on any moral principle but simply because everyone knows it's a bubble. No one wants to be left holding the bag and you could end up with a less money than you had to begin with. Over long enough time periods risky strategies like that aren't worth it.

    So you might as well get out of AI in the long run it will probably save you money.

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