alt Hacker NewsYour grandparent comment:
> Take any stock index, remove AI stocks, what do you see? That's right! Nothing...
Parent comment:
> Now remove the companies selling the AI shovels: https://pbs.twimg....
From your linked image, "excluding AI stocks" is "+16%" (the figure with AI stocks is far higher).
Your sole source says +16% excluding AI - in what kind of market is +16% “nothing”?
> in what kind of market is +16% “nothing”?
It's nothing because it happens all the time, it's not statically relevant, like not at all: https://www.macrotrends.net/2526/sp-500-historical-annual-re...
This forum is full of techies with very strong opinions about their toys but 0 economical, political or historical education, and it shows