Luckily S&P is blocking some of these shenanigans by not allowing inclusion into the S&P500 for companies that are not profitable even if they become publicly listed. This includes all of the AI only companies.

And if the debt is in the retirement funds, it's a guarantee that the government will bail it out because they're holding old people hostage. Yuck.

Just pile it on the backs of the damn lazy youths amiright

Exactly.

We should have let the market crash years ago, so we could begin building something more sustainable in its place.

Instead, it's what, tripled in size more or less? The fall is only going to be that much harder as a result...

I'm more profitable than Anthropic, check please

Yeah, how else would they pay off that $125 trillion, without the imaginary $150 trillion that they're begging for.

Cart before the horse? Maybe. Unconventional? They prefer the term "innovative"...

Based on the laws of the universe. It will pop precisely when I decide to invest.

But I won’t. So it won’t pop. I’m sorry.

2 bobillion

What does the first b stand for?

pretty hard to bailout 1.5trillion, let alone 4tn.

~5 years

As someone with an economics-heavy business degree, I have said this since my intro to economics course. The fact that there are "schools", and that some mainstream theories last only for years, not even decades, and that all governments who come in will "try" a "recipe" to see what works, is telling enough. The "laws" of economics are "kinda", "usually", "generally", and above all "conditional". There are a few things that are almost laws, like the fact that humanity is driven by the seven cardinal sins of which most can be translated into economic characteristics, and cycles (which we are hell bent in forgetting every time we are at a crest).

I'm thermodynamic's bitch. That shit is. You can't cheat them laws.

And gambling, let's not forget the casinos and lottery raffles

I'm stealing this.

Astrology has more reality than economics does. At least the movements and positions of the planets is something real.

People used to navigate by it, plant and harvest by it, nomads would migrate by the movements of the stars.

Economics is just... "How much confirmation bias can we use to rationalize conclusions we've already determined in advance, in order to convince governments and investors to give us money that doesn't even exist?" and "How can we frame these numbers to keep people from rioting?"

Look up project Stargate, follow the money, it wont take much digging to figure out the why and the who.

Maybe a combination of cocaine and dice.

That's everyone with a 401k and/or Roth IRA (unless specifically trying to avoid AI investments instead of index funds. 🫠

With the recent changes to the way IPOs work (signed sometime in 2008 or 2009 I believe), the point is never for the public to make money on an IPO. It used to be that you were "getting in on the ground floor" in an IPO. Now, by the time something does an IPO it is because PE investors are tired of holding the bag. IPOs are everyone's exit strategy.

All of the "rapid growth" of a company now happens while it's still private. Only the employees, owners, and PE investors make money with it working this way. Retail / public investors are left as the bag holders in a giant pump and dump scheme.

You could buy PUT options. Pay $$$ upfront, and if stock drops you get to buy shares for low price, and sell them at IPO price.

Your max loss of the price of the contract upfront, so you can never get too wrecked.

Yes. I took a leveraged short again SpaceX for a while. Many different ways to do it. I used the SSPC ETF. 2:1 levered short

Yes but you'd have to find a buyer yourself and write a contract to sell them shares - the brokerage won't do that for you.

I've been trying to move my retirement accounts into funds that are better insulated from an AI bubble pop, but it's challenging. I mainly moved into funds based on international stocks and low- to mid-cap stocks. The high-cap stock funds are almost entirely AI-fueled companies right now. They're making crazy returns, but I just don't trust them.

I wonder who will be stupid enough to buy this burning stock. With the value based on fantasy, the gargantuan losses being real, the tangible value being close to zero (most of them don't even own the data centers, they lease them) and a product that will probably never achieve what they promise, they will need a special kind of customer. Maybe they should do mailings to the people who bought Trumps' crypto coins...

Anyone with a retirement plan will be exposed to this as well.

All of us will be exposed to it if you have etf’s or a target market fund invested

They are simply going to be the first. The first to get barely vetted before the IPO is approved. The first to have any circumstances waived. It won't matter how bad the financials are because it's already too late. The bubble is leaking but it's still inflatable so just keep pumping because the only people left with enough money to keep it afloat are the only ones who are gonna make money when it crashes.

I really don't get the "AI is the future" thing. Future of what? Any of the things it's capable of doing I would rather do myself, and the things it's not capable of doing are the things I consider most valuable.

We have the best depressions over here. Depressions like you've never seen.

Convince us. How many billions of dollars did you lose last quarter?

The problem is that AI enables ICE/Gestapo (or any other bad actor) to be much more Gestapo-y. Both mass disinformation and mass surveilance become much easier with it. Potentially, warfare as well, enabling a trillionaire shitstain to control a literal army of robots. So it works as a multiplier to your fear, unfortunately. To me, that is the real danger of AI, not the hypothetical threat of machines exterminating humanity Terminator style.

Gets even murkier when you look at how OpenAI did guarantee a certain % to pre-IPO investors.

These cretins all practiced their bullshittery in the crypto space and are now shoving it down the market's throat via "real" IPOs

I don't think a price spike will work either, the market has already priced LLMs at their cap, any higher and it's cheaper to just hire more humans.