I thought we decided to not post stonks crap in here. It‘s what completely ruined the technology community over at Reddit before the entire site was ruined.
You see that is exactly the problem I have with these posts. You don‘t actually know if the trading portfolio of a mega evil asshole actually has any impact on the technology world. Stocks are just gambling and he could make the wrong move here. Like 90% of high traffic posts in r/technology was just random billionaires trading stocks at some point. It was utterly pointless.
While true, I gotta suspect that Peter Thiel, specifically, gets to peek under the hood before he makes his bets to a degree that most of us can only imagine.
Or he simply got cold feet because Nvidia‘s stocks didn‘t implode yet as far as I‘m aware. The truth is this is pure speculation just like the entire slop ma- excuse me, stock market. There are better communities for tinfoil hatters and rocket monkeys.
The underlying story is the AI bubble that we all know will end badly. They are shoving lying and hallucinating AI on our devices and into our employment without consent. It’s going to come down, its a matter of when, not if.
Well if we gonna make a post every time some rich fucker sells tech stonks now it will quickly evolve into spam. I mean, we already know AI is overblown and we don‘t need to take a single glance at someone‘s portfolio to know that because this is a technology community and we‘re informed about what big tech keeps promising and underdelivering for 3 years straight.
I want to see it, lemmys got a bigger problem with individuals trying to control what everyone else sees, you have many options like blocking the poster
I thought we decided to not post stonks crap in here. It‘s what completely ruined the technology community over at Reddit before the entire site was ruined.
Unfortunately, these stocks being high are directly related to so much of the tech world being complete shit right now.
You see that is exactly the problem I have with these posts. You don‘t actually know if the trading portfolio of a mega evil asshole actually has any impact on the technology world. Stocks are just gambling and he could make the wrong move here. Like 90% of high traffic posts in r/technology was just random billionaires trading stocks at some point. It was utterly pointless.
While true, I gotta suspect that Peter Thiel, specifically, gets to peek under the hood before he makes his bets to a degree that most of us can only imagine.
Or he simply got cold feet because Nvidia‘s stocks didn‘t implode yet as far as I‘m aware. The truth is this is pure speculation just like the entire slop ma- excuse me, stock market. There are better communities for tinfoil hatters and rocket monkeys.
The underlying story is the AI bubble that we all know will end badly. They are shoving lying and hallucinating AI on our devices and into our employment without consent. It’s going to come down, its a matter of when, not if.
Well if we gonna make a post every time some rich fucker sells tech stonks now it will quickly evolve into spam. I mean, we already know AI is overblown and we don‘t need to take a single glance at someone‘s portfolio to know that because this is a technology community and we‘re informed about what big tech keeps promising and underdelivering for 3 years straight.
7 to 11X bigger than sub prime crash in 2008. NGL: watching Real Estate agents eating in soup kitchens was not a tragedy.
I want to see it, lemmys got a bigger problem with individuals trying to control what everyone else sees, you have many options like blocking the poster
It’s a lot better than the practise of posting basically every news story because it tangentially involves a computer.