return2ozma@lemmy.world to AI@lemmy.ml · 5 months agoAI stocks head for more than $800 billion in losses this weekwww.nbcnews.comexternal-linkmessage-square6linkfedilinkarrow-up124arrow-down10
arrow-up124arrow-down1external-linkAI stocks head for more than $800 billion in losses this weekwww.nbcnews.comreturn2ozma@lemmy.world to AI@lemmy.ml · 5 months agomessage-square6linkfedilink
minus-squareShadow@lemmy.calinkfedilinkarrow-up8·5 months agoIt’s a 3% drop and people are panicking, just wait until it’s a 20% drop.
minus-squareAn Original Thought@lemmy.mllinkfedilinkarrow-up1·5 months agoThe first often begins the cascade effect that reaches the second
minus-squarePowerCrazy@lemmy.mllinkfedilinkEnglisharrow-up1·5 months agodaily 2% drops, and gains, are part of the natural perturbations of literally every stock on every market, everyday.
minus-squareAn Original Thought@lemmy.mllinkfedilinkarrow-up1·5 months agoIndeed, but this is a known bubble, and with the Burry Billion shorts I suspect he knows or suspects something that’s going to bring things to a head soon.
minus-squarePowerCrazy@lemmy.mllinkfedilinkEnglisharrow-up2·5 months agoPerhaps. I do agree with you that AI is a bubble. But if anyone could reliably “time” the bubble they wouldn’t be talking about it on nbcnews.
It’s a 3% drop and people are panicking, just wait until it’s a 20% drop.
The first often begins the cascade effect that reaches the second
daily 2% drops, and gains, are part of the natural perturbations of literally every stock on every market, everyday.
Indeed, but this is a known bubble, and with the Burry Billion shorts I suspect he knows or suspects something that’s going to bring things to a head soon.
Perhaps. I do agree with you that AI is a bubble. But if anyone could reliably “time” the bubble they wouldn’t be talking about it on nbcnews.