It's a 2% drop and people are panicking, just wait until it's a 20% drop.
11
An Original Thought - 1mon
The first often begins the cascade effect that reaches the second
2
PowerCrazy - 1mon
daily 2% drops, and gains, are part of the natural perturbations of literally every stock on every market, everyday.
2
Pup Biru - 1mon
both things are true: a bursting of the bubble always starts with a completely normal looking dip that doesn’t stop. everyone knows it’s a bubble, so if enough people get spooked it’ll keep going as people scramble to exit
2
An Original Thought - 1mon
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.
1
PowerCrazy - 1mon
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.
return2ozma in artificial_intel
AI stocks head for more than $800 billion in losses this week
https://www.nbcnews.com/business/markets/stock-market-update-ai-losses-rcna242592It's a 2% 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.
both things are true: a bursting of the bubble always starts with a completely normal looking dip that doesn’t stop. everyone knows it’s a bubble, so if enough people get spooked it’ll keep going as people scramble to exit
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.