They are human centipede-ing the money to keep the bubble inflating.

A lot of it is people's pension savings collected via investment schemes.

.... How is everyone so dense. They sell your information and you are the product. And the best part is they can say they don't because they are not making a profit.

They sell all of your information.

Make it rain.

Overvalued stocks. Tesla stock has no business being vakued at what it is. Elon's wealth is all based on imaginary money until he cashes out. Unfortunately, he can borrow against those stocks while still owning them so it does give him some liquidity.

By the way, that's why the rich really want low interest rates: so the loans they take out against their stocks have a low rate. If that rate is lower than what their stocks pay out they have a magical cash machine. And tha's why we need to fix capital gains taxes; if you can borrow against stocks then that should be considered profiting from them and taxed accordingly.

Oh, and capital gains taxes, along with corporate taxes, should far exceed income taxes from labor, but I've digressed far enough.

That's because your (data is) the product.

they are trying to make business hop on it, so they are left holding the bag, in the end we will probably see even more layoffs than now.

Barons is a reference to the robber barons of the 1890's. Who controlled almost all industires and made life for the average worker hell.

They only got properly taken out by the new deal reforms after the great depression.

Yes, we are still trading on the same five acorns that were originally used as currency. /s

Yes, most of the wealth here is stolen, but the statement that wealth is zero-sum is absurdly inaccurate.

Wealth is finite.

Well, no. Work increases the value of material. Someone will pay more for a calzone than for its ingredients. More value, when distributed, becomes wealth.

That's not what's going on here. The value is all speculative and fake. But wealth is able to be created.

There is no value added, only an inflated $ value and malprovisioned funds. Everyone is worse off, but the rich who's bank accounts go brrrrr faster than the world enshittifies.

There is no get out number. That's the whole point.

This is not an investment. It's a bet on a company not finishing the race dead last. There has never been a push for AI and androids like this. Never. The bets will keep happening until there is a winner.

Right now China is winning because all the chips used for betting are made in China from rare earth metals. The actual stuff that keeps modern society functional. Not stock market speculation.

I don't think that all of them are looking to get out, I think that a lot of people are just dumb enough to expect unbounded growth.

Look at the Tesla money they are so desperate to throw at Musk.

The AI investor pitch is one of existential risk. "This industry will eventually erase every other. Every investment you have will be made worthless by this one technology."

The way the average investor sees it, when you have a pitch like that, it becomes irrational not to invest. If you're even 10% sure they're right, you have to hedge.

If you look at major hardware vendors that support AI like Dell, HPe, NetApp, Cisco, etc. They've been more or less flat since August. That also includes NVIDIA. Up and down but not actually blowing up, even though they are all the horsepower behind the cloud/AI. I saw that as the ominous sign that we've peaked

I am not a professional, but after one more bull cycle I am out.

The benefit isn't for you. The benefit is for the weapons and surveillance manufacturers who work for fascists

AI bust subtracts 100s of thousands of jobs and a $4 trillion bailout package paid for by the taxpayers as foreclosures reach record highs, people are being disappeared in record numbers, a hundred million people are starving, the democratic party has been deported, and the ufc is providing the circus live from the grand octagon, Venezuela has been invaded, and a carrier fleet is approaching Greenland, and people wonder 'is this the line' and do nothing still, and the tech barons buy all your property and everywhere is company town, in 2026.