It is odd that the 3 big players are trying to rush to IPO… probably to dump their shit and cash out before the bag holders have time to sell… I’ve got a feeling they know it’s going to crash soon.
They have a lot less runway to enshittify than everything else we’ve seen recently. Because AI is way more expensive than anything else we’ve gotten for “free”. Which means they’re already on borrowed time.
Hopefully they get it over with sooner rather than later. The longer it takes, the more my retirement savings gets fucked.
Did the rule that allows 401k to be invested in stocks like this shit get passed? Cause that’s going to fuck so many peoples retirement (mine included). And when these companies pop, we’re going to be holding the bag.
They have to beat OpenAI and SpaceXitter because they’re afraid the investors will jump on the first AI bandwagon that comes around and have less or no money for them.
And there is a waiting time after the IPO before cashing out is possible, half a year or so. Critics with some knowledge expected the bubble to pop somewhere in 2027, so with the half year waiting period they have to make their move soon or they’ll sell on the downslope.
It is odd that the 3 big players are trying to rush to IPO… probably to dump their shit and cash out before the bag holders have time to sell… I’ve got a feeling they know it’s going to crash soon.
They have a lot less runway to enshittify than everything else we’ve seen recently. Because AI is way more expensive than anything else we’ve gotten for “free”. Which means they’re already on borrowed time.
Hopefully they get it over with sooner rather than later. The longer it takes, the more my retirement savings gets fucked.
Did the rule that allows 401k to be invested in stocks like this shit get passed? Cause that’s going to fuck so many peoples retirement (mine included). And when these companies pop, we’re going to be holding the bag.
The mutual funds in a typical 401k are just a bunch of stocks like this, wrapped up in a value meal package.
If you have a 401k, you probably already own stock in Nvidia, Tesla, Microsoft, Google, Amazon, Meta, etc…
I know they’re mutual funds but there was rules if I remember that didn’t allow the 401k funds to be used for high risk stocks like these.
They have to beat OpenAI and SpaceXitter because they’re afraid the investors will jump on the first AI bandwagon that comes around and have less or no money for them.
And there is a waiting time after the IPO before cashing out is possible, half a year or so. Critics with some knowledge expected the bubble to pop somewhere in 2027, so with the half year waiting period they have to make their move soon or they’ll sell on the downslope.
Is it? Since NYSE100 is going to let them in after 2 weeks, they will get cash much sooner.
Well they’ll have the insider knowledge before anyone else.