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-2000818889
Replying to @return2ozma@lemmy.world
I’d probably have better luck shorting stocks if I could trigger a (rightful) panic like this guy can.
Replying to @schipelblorp@sh.itjust.works
I’ve come to realize that I was assuming that there was a limit somewhere to “the market staying irrational”. I’m not so sure anymore
It’s less about fundamentals and more about what investors believe about the market. That’s why Musk is so good at manipulating the market, he’s convincing enough for many investors.