My hope for such an event is mostly to bring tech leadership types back down to planet earth and to get them to shut up for a few minutes. There are a lot of AI charlatans who need to be humbled by the markets so the serious folks among us can get back to doing real work.

ETA: I also guess I sort of hope for it because this whole cycle has felt so incredibly irrational that I desire a small return to sanity, even if it comes at the cost of some of my retirement.

If it's going to burst it's probably better if it's before anthropic hits peoples pensions.

Better sooner than later. Whatever comes of AI long-term, I don't really see a downside to tempering irrational exuberance sooner rather than later.

It's the most humane and logical way to read the situation

Many people are tired of watching the world slowly getting worse and hope for a fire.

They hope there's a phoenix-like resurrection and they'll be the winners. That might be gamers hoping for cheap graphics cards, young families hoping for lower housing prices or just job seeker hoping AI won't pull the ladder up before they retire. Some just want AI bros getting taken down a peg. So that you didn't miss out on the craze (like crypto.)

Personally, I don't think a bubble burst will be much fun, but hey.

So, people who are afraid of losing their livelihoods should be cheering AI companies instead?

I just want it to pop because I'm like six years out from my intended retirement date and sequence of returns risk will be high for me (retiring early). There are ways to mitigate that risk, obviously, but I'd feel better not sliding into retirement right at the moment the stock market is riding a pretty obvious bubble if I can avoid it.

A bubble bursting might stop plowing further hundreds of billions into data centers and redirect that money into something with more societal use.