Wudi@feddit.uk to Technology@lemmy.worldEnglish · edit-212 hours agoI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comexternal-linkmessage-square31fedilinkarrow-up1340arrow-down18
arrow-up1332arrow-down1external-linkI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comWudi@feddit.uk to Technology@lemmy.worldEnglish · edit-212 hours agomessage-square31fedilink
minus-squarebaseball2020@sopuli.xyzlinkfedilinkEnglisharrow-up26·8 hours 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-squarejustaman123@lemmy.worldlinkfedilinkEnglisharrow-up3·3 hours 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
minus-squareAlecSadler@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up7·4 hours agoThere are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
minus-squaremoncharleskey@lemmy.ziplinkfedilinkEnglisharrow-up10·6 hours agoThat’s been my take on it for sure.
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?
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
There are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
That’s been my take on it for sure.