Jeffool @lemmy.world to News@lemmy.world · 15 days agoBank of England warns AI stock bubble rivals 2000 dotcom peakarstechnica.comexternal-linkmessage-square71linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkBank of England warns AI stock bubble rivals 2000 dotcom peakarstechnica.comJeffool @lemmy.world to News@lemmy.world · 15 days agomessage-square71linkfedilink
minus-squareSpuddlesv2@lemmy.calinkfedilinkarrow-up0·14 days agoWhat? Who gives a shit if AI vanishes or not. The greedy turds manipulating markets and raking in the money now won’t be the ones facing the consequences; that will fall on the rest of us peasants.
minus-squaretal@olio.cafelinkfedilinkEnglisharrow-up0·14 days agoIf you’re confident that a given company is overvalued by existing investors, you can sell it short, make money off that assessment. That being said, if you’re wrong, you can lose money doing the same.
What? Who gives a shit if AI vanishes or not. The greedy turds manipulating markets and raking in the money now won’t be the ones facing the consequences; that will fall on the rest of us peasants.
If you’re confident that a given company is overvalued by existing investors, you can sell it short, make money off that assessment.
That being said, if you’re wrong, you can lose money doing the same.