Fuck AI

To be clear, they're not fraudsters, exactly. They're hype men, and that's what stocks have been about for a while now. Who can hype their stock up the most.

And AI has been hyped, globally, more than any other stock in the history of the world so far.

The crash will happen, but it's not fraud. Not yet. They're playing a dangerous game of stock buybacks that led to the 2007-08 recession of the car companies originally.

It will happen here again. Stock buybacks sound great, and they're legal, but using them like the major 5 investors into AI have been, while again isn't illegal, is extremely risky for the company as the majority of their shares are now held by themselves, instead of getting you know, outside investors like the whole of the stock market is supposed to work.

It means there's no leverage and no diversification, so when the bubble pops, these companies that should have more on their balance sheets than just AI (like Microsoft, NVidia, and Oracle), will crater due to one part of their investment portfolio instead of just having a "setback".

This could literally end major tech companies in the US overnight without a Government bailout, or socializing their companies with government takeovers (won't happen in this admin without it going into trump's pockets though).