To disarm the big tech bomb, including "AI", the public needs to be on high alert — as AI firms start to visibly wobble, we need clear demands and firm commitments from our leaders that if it all comes crashing down, the public won’t be the one left holding the bag.

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[–] 3 points 1 week ago (4 children)

Everyone of these folks can move full allocation to various options like money market or bonds, or international growth, etc. and they should. Oh and after the bailout begins, get out of that money market, because it will be the toilet paper market then.

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  • [–] 1 point 1 week ago (1 child)

    Why do you think the money market would suffer? It has generally low returns as a rule and they tend to be even lower in low interest markets...but it's an extremely conservative investment.

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  • [–] 1 point 1 week ago*

    The money is denominated dollars or other currencies. So if you get say 2.9 percent, but actual inflation is at a much higher rate, 7 percent, you are losing money. You can buy much less stuff than you could have before you put it in there.

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  • [–] 1 point 1 week ago (1 child)

    They can, but whether they should depends entirely on timing the market. It can stay irrational for another 2+ years, in which case selling out now would be a mistake.

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  • [–] 2 points 1 week ago

    Everybody who doesn't live forever "times the market". Your not describing discipline, you're describing FOMO. If you believe the AI Bubble premise, and you had discipline you'd keep a lot of cash. Like Berkshire does these days. I call that "timing the market".

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