Ask Lemmy

It might be a bubble, but bubbles can last a long time. Here are some famous quotes to illustrate the problem:

“Markets can remain irrational a lot longer than you and I can remain solvent." – A. Gary Shilling, twice named Wall Street’s top economist.

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch, American investor, mutual fund manager, author and philanthropist.

We know evaluations are high. We know that AI has not delivered on its promises at least not yet. Investor confidence remains high, but for how long? Nobody knows.

Personally, I think any correction will swiftly bounce because the government will print money to make sure there’s a speedy recovery. We have seen a push to boosting the economy through intensive money printing instead of allowing valuations to crash properly. The Fed loves to kick the can down the road more than anything.

It’s a race to reach AGI first and if it isn’t real, the bubble’s got a long way left to grow i guess.

OR someone is prepping up for the rugpull. There's never shortage of government officials doing insider trading in the land of the free. It's not like its run by a failed businessman who's using it to raise his worth.

It's a manipulation bubble as in they're counting on it until the end of the tenure to make off with billions. For everyone else, it's a "AI" bubble.

I'd suggest keeping 2 accounts if you want to play the market. One that's stable for most of your investment money, and one to play around with.

Why not?

Because you can't. There’s no central switch to crank up valuations - it’s all crowd psychology expressed in dollars.

DARPA doesn't build the real thing, they fund the building of the real thing, it's their MO. The robot dogs and bipeds and quadcopter drones that Boston Dynamics and Anduril and other companies have been building are the frontier and DARPA is one financier amongst a sea of others. The Ellisons just bought our military, apparently, or at least purchased a $130M stake in it, to illustrate a point that we're fucked even if the robots don't end up being the most efficient way to do the deed.