2026-10-30 06:14 UTC
Replies (6)
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@begrudgedcarfolk@sh.itjust.works 2026-10-30 06:42
I don’t think it’ll happen until after the Anthropic IPO, big investors need to cash out first before they tank the economy again.
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@ch00f@lemmy.world 2026-10-30 06:42
<2% drop is nothing. So far it’s just Google.
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@Goodbye_bluesky@lemmy.world 2026-10-30 07:07
BLACK FRIDAY BLACK FRIDAY BLACK FRIDAY BLACK FRIDAY BLACK FRIDAY BLACK FRIDAY!!!
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@LodeMike@lemmy.today 2026-10-30 07:43
That’s a big chunk but ups and downs are very common. There are 365 days in a year.
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@AdolfSchmitler@lemmy.world 2026-10-30 14:17
I mean a 5% drop isn’t that crazy. Google lost like 15% the other day, now that’s a dip with some chest hair!
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@00000@reddthat.com 2026-10-30 08:56
“I hope my apartment building burns down because I don’t like the people who live in the penthouse. Even though they have a helicopter on the roof and will just fly away, leaving everyone else, including me, inside to burn.” AI is the entire world’s economy. No one is walking away from this unscathed, except the extremely wealthy who built the bubble or like, the bottom 1% economically who have already have nothing. The rest of us will be joining them. I’m not sure why so many people are excited for this, unless you like eating cat food and think retirement is overrated. openmarketsinstitute.org/…/report-brace-for-impac… This is a 88 page report on what a bubble actually is (Spoiler: It doesn’t mean AI or “big tech” or billionaires stop existing or suffer any consequences). Please read it and stop ignorantly cheering on large scale human suffering. Or just look at the section titled “NEGATIVE WEALTH EFFECTS AND IMPACTS ON WORKING FAMILIES.” At the very least, read the summary, that alone should be enough to keep everyone awake at night.