alt Hacker News> A crash in tech stocks will just cause investors to lose some wealth.
The number of broader funds that are heavily invested in these companies as well, plus the unprecedented municipal, state, and national investment in data centers and the like, make this far more rippling than you think.
Replies
sgalbincea • yesterday at 3:13 PM
^^This. The ignorance of those who don't really understand is troubling.
That's my horror/worry. The 2008 was started by the collapse of the real estate market. Banking collapsed because they were absurdly overleveraged.
Are the banks currently being stress tested? Is the testing honest?
Is anyone evaluating the potential impact to the other funds? Or are people being sidelined if they're not on the bandwagon, given that the non-AI market is in overall decline? Are pensioners _not_ going to receive help if an AI collapse tanks their retirement, despite them having basically zero control over the investment?