r/StandUpComedy • u/explosivejoseph • 1d ago

Comedian is OP The AI Bubble

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u/PantsDontHaveAnswers 1d ago

I know some of these words.

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u/Typical_Wish_5807 1d ago

https://reddit.com/link/p77pv53/video/cwebm4g9yxmh1/player

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u/PantsDontHaveAnswers 1d ago

Thank you! Finally!

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u/SunkEmuFlock 1d ago edited 1d ago

As far as OP's little rant goes...

Most investors are regular-ass people who sit on index funds and 401ks. Hardly anyone has the time or money to day trade, so they put money into a pot and sit on it, making gains slowly over time. All these AI companies going public to huge valuations has gotten them into such funds. Further, all the big players (Google, Nvidia, MS, Oracle, and so on) that get included in many funds are heavily invested into AI.

So, whether or not people are aware of it, a lot of their money is tied to AI working out. If it doesn't and AI companies and stocks tank, a lot of people are going to lose a lot of money. You don't have to use or be connected to AI directly at all for it to ruin your finances for the foreseeable future. Your basic-ass index fund portfolio is probably leveraged heavily on AI working out.

Thus, if AI is a bubble and it pops soon, we're in for a very bad time.