Wudi@feddit.uk to Technology@lemmy.worldEnglish · 2 days agoI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comexternal-linkmessage-square67linkfedilinkarrow-up1539arrow-down114cross-posted to: europe@feddit.org
arrow-up1525arrow-down1external-linkI won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies mefortune.comWudi@feddit.uk to Technology@lemmy.worldEnglish · 2 days agomessage-square67linkfedilinkcross-posted to: europe@feddit.org
minus-squarebaseball2020@sopuli.xyzlinkfedilinkEnglisharrow-up43·2 days agoIs it possible that their attempt to be listed on the index is a way for private capital to cash in on their investments, leaving 401k funds etc holding the bag when the value dips?
minus-squareAlecSadler@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up25·2 days agoThere are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
minus-squareMangoCats@feddit.itlinkfedilinkEnglisharrow-up8·23 hours agoIt is absolutely one of the goals. The goals are many, the benefactors are few.
minus-squarejustaman123@lemmy.worldlinkfedilinkEnglisharrow-up11·2 days agoI mean the money was just sitting there in those 401ks they’d be foolish not to figure out some way to rob it for themselves
minus-squaremoncharleskey@lemmy.ziplinkfedilinkEnglisharrow-up12·2 days agoThat’s been my take on it for sure.
Is it possible that their attempt to be listed on the index is a way for private capital to cash in on their investments, leaving 401k funds etc holding the bag when the value dips?
There are numerous articles and analyses online exactly to this effect. It is absolutely the goal.
It is absolutely one of the goals. The goals are many, the benefactors are few.
I mean the money was just sitting there in those 401ks they’d be foolish not to figure out some way to rob it for themselves
That’s been my take on it for sure.