• hitmyspot@aussie.zone
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    27 days ago

    Wellz the more he does it, the more he’s burning allies and the more gas prices suffer, which is what destroys American politicians more than any other silly little crimes like rape, paedophilia or genocide.

    If he plays too hard and loose, people might get angry enough that they face consequences. So far no indication of that happening.

    Most of the large ai companies are still privately held by the wealthy. If he pops the bubble before they have a chance to leave retail investors holding the bag, then he might face consequences.

    • anomnom@sh.itjust.works
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      27 days ago

      Corporate lending has already been moved to small investors and retirees. Since that is harder to liquidate and play with like stocks.

      The little guys are already holding the bag.

      • hitmyspot@aussie.zone
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        26 days ago

        Sorry, do you mean small investors are lending to companies? Through financial products? That are highly exposed to ai?Or any bubbble? I don’t know that I’ve seen this reported. What are you referring to?

          • hitmyspot@aussie.zone
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            26 days ago

            I’ve seen some of what you’re talking about, but it’s all seemed to be large finds and large investors. The link you sent is a show not an article. Do you have anything else. Not available in my area.

            All articles I’ve seen, it doesn’t seem to be mom and pop investors but certainly it is being packaged more, which could attract retail investors. Things like pension funds, od expect them to invest in a broad range of more complex assets. So that’s not really concerning unless they are over invested.

            • anomnom@sh.itjust.works
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              25 days ago

              I only encountered it as a podcast while working, but it’sa respected public radio show, and the story included an individual whose financial advisor had recommended private lending as stable long term returns.

              But then a new advisor worried he was over invested in them, and that default risk isn’t disclosed, in fact it was often hard to tell which companies are getting loans from your investment. It all sounded very much like the housing bubble or savings and loans bubble from before that.