alt Hacker News> Regular people are not leveraged into AI startups today
this isn't accurate. as an example, anyone with a 401k will be affected by the stock market and the stock market is mostly tech, and tech has bet the house on ai
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pj_mukh • today at 2:45 AM
"Your 401k should never go down at all" is not a realistic expectation.
Hopefully, people who need to pull from their 401k's soon have wound down to less risky positions. 401k exposure is just not the same thing as your house valuation tanking.
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Temporarily. The market goes up and down for all kinds of reasons. Long term though it’s never failed to go up and to the right.