That “someone” is pretty much everyone’s stock portfolios/pensions/retirement plans, as about 60% of stock market gains in 2025 have come from AI megacaps. The “magnificent 7” make up about 35% of the entire stock market at this point, and they’re all heavily invested (overleveraged) in speculative AI. When this bubble pops it’s going to be nasty.
The problem is that the money that these scam artists are pocketing should be going to Infrastructure, healthcare and social stability.
Well, at least when the bubble bursts, there will be surplus water supplies and electricity production; although it won’t be very well built and infrastructure would be for unused data centres.
Someone is going to lose a lot of money.
Also, we’re looking for someone to give us money.
That “someone” is pretty much everyone’s stock portfolios/pensions/retirement plans, as about 60% of stock market gains in 2025 have come from AI megacaps. The “magnificent 7” make up about 35% of the entire stock market at this point, and they’re all heavily invested (overleveraged) in speculative AI. When this bubble pops it’s going to be nasty.
Money, fools, soon parted.
US taxpayer is will be holding the bag…
So you are correct, we are the fools.
As always
The problem is that the money that these scam artists are pocketing should be going to Infrastructure, healthcare and social stability.
Well, at least when the bubble bursts, there will be surplus water supplies and electricity production; although it won’t be very well built and infrastructure would be for unused data centres.