When you see all the top start-ups are all “we do this, but AI”, it’s obvious we are in a bubble.
AI is buying billions on credit, backed by no equity.
I’m unemployed (thanks, AI), but I’m going to spend half of my savings on shorting the stock. go big, or file for bankruptcy.
Oh it very much reflects reality. A reality that most retail investors have absolute shit for brains as a collective whole. There’s lots of money to be made in markets like these, especially with lots of volatility. You just can’t follow any sort of traditional logic, and you have to have a risk appetite as wide as the Grand Canyon.