Wudi@feddit.uk to Technology@lemmy.worldEnglish · 5 days agoI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comexternal-linkmessage-square61linkfedilinkarrow-up1504arrow-down112
arrow-up1492arrow-down1external-linkI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comWudi@feddit.uk to Technology@lemmy.worldEnglish · 5 days agomessage-square61linkfedilink
minus-squarebaseball2020@sopuli.xyzlinkfedilinkEnglisharrow-up43·5 days agoIs it possible that their attempt to be listed on the index is a way for private capital to cash in on their investments, leaving 401k funds etc holding the bag when the value dips?
minus-squaremoncharleskey@lemmy.ziplinkfedilinkEnglisharrow-up12·5 days agoThat’s been my take on it for sure.
minus-squarejustaman123@lemmy.worldlinkfedilinkEnglisharrow-up10·5 days agoI mean the money was just sitting there in those 401ks they’d be foolish not to figure out some way to rob it for themselves
Is it possible that their attempt to be listed on the index is a way for private capital to cash in on their investments, leaving 401k funds etc holding the bag when the value dips?
That’s been my take on it for sure.
I mean the money was just sitting there in those 401ks they’d be foolish not to figure out some way to rob it for themselves