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Cory Doctorow: The real (economic) AI apocalypse is nigh
(pluralistic.net)
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this post was submitted on 04 Oct 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Im so tempted to short one of these companies, but with my luck it'd be the one that Trump decides to save for a buddy, and I end up poorer anyway.
A very simple strategy is buying less US assets and more international assets than you would hold if the US stock market was not weighted so heavily towards Friend Computer. If 60% of my stocks were in the US in 2015, I might hold 30% today (this is not financial advice).
Contra Doctorow there are lots of strategies someone can chose if they think the US stock market is likely to collapse in the next three years. Eg. there are people in the USA who bought some chickens and seeds last winter, or who started new jobs or new education outside the USA. Deciding to act is the hardest.