It's a 2% drop and people are panicking, just wait until it's a 20% drop.
AI
Artificial intelligence (AI) is intelligence demonstrated by machines, unlike the natural intelligence displayed by humans and animals, which involves consciousness and emotionality. The distinction between the former and the latter categories is often revealed by the acronym chosen.
The first often begins the cascade effect that reaches the second
daily 2% drops, and gains, are part of the natural perturbations of literally every stock on every market, everyday.
both things are true: a bursting of the bubble always starts with a completely normal looking dip that doesn’t stop. everyone knows it’s a bubble, so if enough people get spooked it’ll keep going as people scramble to exit
Indeed, but this is a known bubble, and with the Burry Billion shorts I suspect he knows or suspects something that's going to bring things to a head soon.
Perhaps. I do agree with you that AI is a bubble. But if anyone could reliably "time" the bubble they wouldn't be talking about it on nbcnews.