Wudi@feddit.uk to Technology@lemmy.worldEnglish · 9 days agoI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comexternal-linkmessage-square67linkfedilinkarrow-up1556arrow-down114
arrow-up1542arrow-down1external-linkI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comWudi@feddit.uk to Technology@lemmy.worldEnglish · 9 days agomessage-square67linkfedilink
minus-squarebaseball2020@sopuli.xyzlinkfedilinkEnglisharrow-up45·9 days agoIs it possible that their attempt to be listed on the index is a way for private capital to cash in on their investments, leaving 401k funds etc holding the bag when the value dips?
minus-squareAlecSadler@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up28·9 days agoThere are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
minus-squareMangoCats@feddit.itlinkfedilinkEnglisharrow-up8·8 days agoIt is absolutely one of the goals. The goals are many, the benefactors are few.
minus-squaremoncharleskey@lemmy.ziplinkfedilinkEnglisharrow-up12·9 days agoThat’s been my take on it for sure.
minus-squarejustaman123@lemmy.worldlinkfedilinkEnglisharrow-up11·9 days agoI mean the money was just sitting there in those 401ks they’d be foolish not to figure out some way to rob it for themselves
Is it possible that their attempt to be listed on the index is a way for private capital to cash in on their investments, leaving 401k funds etc holding the bag when the value dips?
There are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
It is absolutely one of the goals. The goals are many, the benefactors are few.
That’s been my take on it for sure.
I mean the money was just sitting there in those 401ks they’d be foolish not to figure out some way to rob it for themselves