posted in Technology
'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'
gizmodo.com/big-short-investor-expects-ai-bubble-burst-sooner-than-later-2000818889posted in Technology
'Big Short' Investor Expects AI Bubble Burst 'Sooner Than Later'
gizmodo.com/big-short-investor-expects-ai-bubble-burst-sooner-than-later-2000818889Replying to @return2ozma@lemmy.world
Yeah but how do we PROFIT off of it?! Fuck capitalism because this is a valid question
Replying to @catsarebadpeople@sh.itjust.works
It’s too complicated to try to figure out which stocks to short and when. Rather, the play is to invest in solid companies that produce non-bubble goods and services and will still be producing that after AI economy crashes. UPS, Kraft-Heinz, Edison International, etc. These companies pay out 5%+ dividend yield and sell massive amounts of real world services and goods that will still be necessary to households and businesses no matter how badly the AI economy craters.