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this post was submitted on 12 Jan 2026
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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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My problem with this is that I don't know what the actual spark for collapse would be. Like, we all know this is unsustainable vaporware, but that doesn't seem to affect the market at all. So when does this collapse? People have been talking about the collapse for two years now. Is there anything that prevents the market from just remaining insane forever and ever in perpetuity?
The market can remain irrational longer than you can remain liquid (a classic quote typically gifted anyone who wants to “time the market”, but generally very applicable to anyone these days)
I don't (directly) have a financial horse in this, I'm just afraid the market can remain irrational so long my brain becomes fucking liquid
That's exactly what I mean when I say I don't understand the stock market.
Like... how is Tesla stock a thing? I don't understand it.
Edward Niedermeyer write a book to answer that very question (cheating on taxes + organize gangs of invested fanboys who suppress negative news online)
Stock markets in the rest of the developed world seem less bubbly than the US market.
Because they'll make humanoid robots that will conquer the world. At least that's the current story.