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this post was submitted on 07 Aug 2025
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If the AI bubble pops, people's retirement will also probably disappear tbh. Lotta money right now in IRAs and 401ks
Yeah it'll be bad, but realistically it'll be like every other major economic calamity. Your accounts lose a ton of value very rapidly, but as long as the money keeps going in (or as long as you have a small enough withdrawal rate if you're already retired) ultimately it'll eventually bounce back and then some in the recovery, because when stocks are down that's the time to pile more money in (buy low sell high)
It depends on the person's age group, if they just hit retirement and the stock market collapses, then they'd feel the pain the most. It could mean delaying their retirement by years.
Younger people on the other hand usually bounce back, unless of course there are other circumstances like war.
It's going to happen and we cannot keep subsidizing this shit.
Like, sorry about your imaginary deserves-to-live points, im sure your dumb game is very fucked by this, but that money's on the roulette table and the wheel is spinning. We got productive capacity electricity ghg's and fucking water to salvage.
._. I never said I supported the stock market, just that the stock market collapse will affect a lot of people.
If I had it my way, companies should never be public. Lots of current day issues are because public companies act upon shareholder whims and thus cause the worst of modern day societies
I'd love to have pensions also be reintroduced in companies, but they've essentially been all phased out by lobbying for 401ks and IRAs instead.
Preferable in almost every way, but this vulnerability is shared, right?
Depends on how the pension is set up but yes.
Fair. But typically.
Maybe we shoukd just provide for each other as a society?