General Discussion

Melon

(1,791 posts)

31. Go read what Sam Altman is saying. Uber and

Thu Jun 4, 2026, 09:33 PM

13 hrs ago

Others. Companies are burning through massive AI budgets in months. The layoffs and 401k cuts posted here due to AI because AI is taking their budgets.

That’s where you’re wrong. I see it at my company. We are now allocating huge budgets to stay ahead in AI. They are building massive data centers because massive amounts of money are being spent on AI. It’s all not speculation. This is where spending is going. The stocks are through the roof because they are taking spending today’s times projected growth multiplied by exactly that…time.

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longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all] paulkienitz Yesterday OP

Sold my last 3 stocks. Moved money to a multigraincracker Yesterday #1

You may be right edhopper Yesterday #2

If the Democrats win back Congress this fall I predict a stock market correction. yardwork Yesterday #4

Trump will still be President edhopper Yesterday #22

There are no crashes anymore. Market is rigged and irrational GreatGazoo Yesterday #3

That kind of rigging can't hold forever paulkienitz Yesterday #11

and yet here we are GreatGazoo Yesterday #15

The issue is how many times have we been told to leave the market? Melon Yesterday #5

Yeah, that's where I am ITAL Yesterday #8

It took six years to recover edhopper Yesterday #23

Six years isn't that long for me ITAL 23 hrs ago #24

Or get out now and edhopper 20 hrs ago #28

Preferably you are cost averaging. Melon 13 hrs ago #32

There are other investments edhopper 12 hrs ago #33

If you took your money out in 2007 edhopper 7 min ago #40

No it's not "just as risky". paulkienitz Yesterday #9

Ill gotten ponzy...huh? You mean investment returns. Melon Yesterday #21

"others success"? There is no success to profit from in AI. paulkienitz 23 hrs ago #25

Go read what Sam Altman is saying. Uber and Melon 13 hrs ago #31

That math doesn't math -- companies will not pay enough. paulkienitz 6 hrs ago #34

WSJ and Gallup did a story looking at how Democrat voters are losing money GreatGazoo Yesterday #16

"Democratic." The adjective form is "Democratic." ColoringFool Yesterday #17

I could have put a hyphen in there but noun GreatGazoo Yesterday #20

No Johnny2X2X Yesterday #6

I've heard that song before. paulkienitz Yesterday #10

We've been waiting decades for a bubble Johnny2X2X Yesterday #12

Index funds are like 50% AI bubble now. paulkienitz Yesterday #14

9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero Polybius 6 hrs ago #36

Bitcoin will either sputter on for decades, or go almost instantaneously to zero at any time -- it's not predictable. paulkienitz 5 hrs ago #37

People are predicting the market is holding on Johonny Yesterday #7

I turned some investments into a newer and larger house CanonRay Yesterday #13

I'll just keep my NVIDIA,TYVM. ColoringFool Yesterday #18

Jensen Huang is pulling sooo many circular-financing fast ones... paulkienitz Yesterday #19

Heard the same shit from Thom Hartmann a few years back Ziggy Beans 23 hrs ago #26

That same lie was told before the last two crashes. paulkienitz 19 hrs ago #29

imho Fat gains should be pruned. Rotation is underway. bucolic_frolic 22 hrs ago #27

Simple.... multigraincracker 17 hrs ago #30

More apropos to the current situation, index funds do the opposite. paulkienitz 5 hrs ago #38

I think that's a terrible prediction Polybius 6 hrs ago #35

"doesnt crash anymore" paulkienitz 5 hrs ago #39

Lol imagine taking investment advive from a panicked, anonymous internet poster. BannonsLiver 3 min ago #41

Or not Happy Hoosier 2 min ago #42