alt Hacker NewsIsn't most of the economy riding on the stock of these handful of companies though?
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andsoitis • yesterday at 6:19 PM
> Isn't most of the economy riding on the stock of these handful of companies though?
No.
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Isn't most of the economy riding on the stock of these handful of companies though?
> Isn't most of the economy riding on the stock of these handful of companies though?
No.
Most of the growth is. If we removed AI, the US would be in a severe recession right now. Most of the absolute market cap, employment, capital, and other metrics that are not directly coupled to growth paint a better distributed picture.
Of course, growth like this can only continue for so long without changing that.