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Mainstream News Anchors Now Talking About the AI Bubble Bursting at Any Moment: "I think the entire AI boom is investing in the wrong future." (futurism.com)
submitted 4 weeks ago by to c/technology@lemmy.world
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[–] 12 points 4 weeks ago (4 children)

Nephew calling a 1.25% drop a "tailspin".

Look up the Flash Crash sometime, that is NOTHING.

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  • [–] 9 points 4 weeks ago* (3 children)

    I'd suggest that the 1929 stock market crash get an entire unit in elementary school, High school, and every economics course in college. Do the same for the 89' crash and the Dot com Bubble. Really drill it into these young entrepreneurs how Speculating in the stock market NEVER EVER leads to anything good. It's a Faustian bargain. The consequences WILL arrive; not a matter of "if" but "when."

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  • [–] 2 points 4 weeks ago (2 children)

    Not sure about never. I did very well from my Amazon stock at $25

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