| ▲ | maximinus_thrax 3 hours ago | |
> The money they're burning is not yours or mine. They're institutional investor money. So, again, who cares? This is not happening in a vacuum. A lot of index funds and retirement accounts have bought into AI and AI adjacent companies, many with stakes in OpenAI. If OpenAI keels over, even when private, it will affect a lot of americans. If they IPO, it's even worse. | ||
| ▲ | thraway3837 3 hours ago | parent [-] | |
Index funds are based on a variety of tech stock. This whole "if they keel over" has been beaten to death ever since Tesla is surpassed Ford in market cap. And then Twitter was bought. No market crash. There will be some market corrections, but nothing be alarmed about. | ||