Wudi@feddit.uk to Technology@lemmy.worldEnglish · 5 months agoI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comexternal-linkmessage-square56linkfedilinkarrow-up1557arrow-down114
arrow-up1543arrow-down1external-linkI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comWudi@feddit.uk to Technology@lemmy.worldEnglish · 5 months agomessage-square56linkfedilink
minus-squarebaseball2020@sopuli.xyzlinkfedilinkEnglisharrow-up47·5 months 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-up28·5 months agoThere are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
minus-squaremoncharleskey@lemmy.ziplinkfedilinkEnglisharrow-up12·5 months agoThat’s been my take on it for sure.
minus-squarejustaman123@lemmy.worldlinkfedilinkEnglisharrow-up11·5 months 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.
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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