Wudi@feddit.uk to Technology@lemmy.worldEnglish · 1 month agoI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comexternal-linkmessage-square64linkfedilinkarrow-up11arrow-down10cross-posted to: europe@feddit.org
arrow-up11arrow-down1external-linkI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comWudi@feddit.uk to Technology@lemmy.worldEnglish · 1 month agomessage-square64linkfedilinkcross-posted to: europe@feddit.org
minus-squarebaseball2020@sopuli.xyzlinkfedilinkEnglisharrow-up0·1 month 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-up0·1 month agoThat’s been my take on it for sure.
minus-squareAlecSadler@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·1 month agoThere are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
minus-squareMangoCats@feddit.itlinkfedilinkEnglisharrow-up0·1 month agoIt is absolutely one of the goals. The goals are many, the benefactors are few.
minus-squarejustaman123@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month 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.
There are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
It is absolutely one of the goals. The goals are many, the benefactors are few.
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