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Please bro
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this post was submitted on 22 Aug 2025
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Memes
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It’s all hype cycle bullshit. The Tech bubble was bursting so they hyped AI well past it’s true capacity. Investors threw money at it to hype it so others would buy in. The stock market is all hype. It just hypes anything it can to keep the growth artificially going. AI has real uses, but that wasn’t sexy enough for Wall Street. That wasn’t going to make the endless growth lie sustain. Then the bubble pops and the billionaires swoop in and steal more from everyone else.
crypto was the previous shiny new toy until it dint work, now AI will go through the same fate.
Everybody knows market cap is directly proportional to real world value and usefulness.
There is always someone who reckons they can get something from nothing. Also long as they exist the bubbles will continue
I'm so glad my 401k is going to vaporize because it's mostly tech companies.
As an ignorant non-American who doesn't know how 401k works, could you not redirect where your investment/retirement goes?
Only slightly, unfortunately it's not as flexible as a normal investment account. I've done a good bit of trying to lessen the damage though. Basically, with my specific account, I can pick from around 7 or 8 different funds, many of which include huge tech companies.
Unfortunately, even if I invest only in one, it's likely going to get affected by the bubble popping since everything is ultimately on the same market as the slop peddling companies.
That sucks. I work for an American company and I have to have mandatory pension contribution. I only put in 3% of my salary to it and stated I want them invested into medium risk funds.
I don't trust company pensions to be my sole source of retirement funds, and so I started my own investment portfolio. Even though I know US companies are more profitable, but with the way things are going, I limited my investments to select few US companies and I plan to invest more on Asian and European stocks.