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sailfastyesterday at 12:25 PM2 repliesview on HN

Sure who cares if we wipe out 15% of everyone’s retirement right as long as it’s got some schadenfreude involved.


Replies

somenameformeyesterday at 12:37 PM

I doubt, or at least hope, that no sort of managed fund for retirement (read: low risk) is going 15% on AI stuff. Regardless of what one thinks might happen, it has to be accepted at this is an obviously very high risk bet, because this all is screaming bubble even more than the era of 'zomg i flipped this house i financed on an insta-approved loan, installed granite counter tops, and walked away with $20k profit in 4 days.'

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overfeedyesterday at 5:12 PM

Who's "we"? Most of us have zero say when the backroom circular deals are made.