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 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.