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
He may not be far off.
These bubbles usually last approximately five years. (Or at least that’s been the case historically.) We’re in year four. I’m actually keeping a portion of my portfolio in cash so when the crash comes I can take advantage, though I may move my whole retirement account into bonds and money market funds after the new year.
Replying to @FlashMobOfOne@lemmy.world
Is there something I can do with my work 401k?
Replying to @TimboSlice@discuss.online
You could reallocate into bonds if you believe that it will tank the equity market as a whole. Most available options to allocate into a pretty broad so it’s not totally exposed, just expect lower returns in the mean time and be prepared to reallocate into more growth exposure if/when the broader crash happens. Difficult to time so beware.
Replying to @VoodooAardvark@lemmy.zip
Bonds are a bad call as well, as the US government is screwed on interest and will be inflating.
Gold is a better call, this looks like stagflation coming.
Replying to @mattyroses@lemmy.today
Not sure if I can do that with restrictions