> There was no obvious trigger for the pullback

It was probably Michael Burry.

▲ CheeseFromLidl a day ago | parent [-]

It would also explain why the movie was recommended to me yesterday in netflix.

▲ whynotmakealt a day ago | parent [-]

it seems the stars have aligned then.

On a serious note, I am more worried about people who have their retirement funds in these, I genuinely think that its going to impact the whole world and not only just America.

History doesn't repeat itself but it often rhymes.

I don't know but why do people not listen to the tune then? I was saying similar stuff like this simply because I read one thing in my life about investing which sorta changed my life, investing grows not because free money but because market is efficient and you get part of that efficiency. Deep down, a company has to get efficient or more profitable in long term to make their valuation make sense yet AI had none of these things and in my opinion, it never would.

I use AI, to test out new ideas I don't know about, to try to solve something I am interested about, but I still wouldn't bet on it simply because its business model for profit is broken.

	▲	CheeseFromLidl 11 hours ago \| parent [-]
		`“ simply because its business model for profit is broken.”` Remember the days when Google was looking for a business model? I do. It’s probably going to be ads. But you’ll still gets ads for toilet seats after you searched for a place to buy that once in a decade toilet seat. They’ll hit the bottom of the barrel and maybe dethrone google. I don’t know. I use llms pretty much as a search engine and refreshing some programming tips. It’s over-confident for code review, doesn’t really handle arithmetic and sometimes fun as a co-writer for embedded stuff.