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HWR_14yesterday at 5:38 PM1 replyview on HN

401ks are run by investment banks and investment banks invest in OpenAI/Anthropic, but those aren't the same parts of the company in any meaningful way. The 401ks are in public companies or bonds.


Replies

fragmedeyesterday at 6:36 PM

Yeah, but those public companies are going to include the so called magnificent seven, so unless they're really really careful, there's still a ton of exposure in their 401k to AI if you think it's a bubble that's going to pop.