Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 12 hours agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square127fedilinkarrow-up1522arrow-down110
arrow-up1512arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 12 hours agomessage-square127fedilink
minus-squarePhoenixz@lemmy.calinkfedilinkEnglisharrow-up17arrow-down1·edit-24 hours agoThe simple fact that somebody was able even to bet a billion is insanity that should never be possible to begin with. Nobody should have a billion dollars, let alone have so much that you can just safely bet a billion dollars Them he’s betting.yhst the economy will crash, basically, and we’re okay with that shit. All of this should be illegal as fuck, and this guy belongs in a jail cell
minus-squareowsei@programming.devlinkfedilinkEnglisharrow-up9·edit-23 hours ago Them he’s betting.yhst the economy will crash, basically, and we’re okay with that shit. Why should someone not be able to short some stock? The AI bubble will burst anyway. Also, he doesn’t have one billion dollars, he manages an investment fund that people collectively put a billion dollars (or more) there.
The simple fact that somebody was able even to bet a billion is insanity that should never be possible to begin with.
Nobody should have a billion dollars, let alone have so much that you can just safely bet a billion dollars
Them he’s betting.yhst the economy will crash, basically, and we’re okay with that shit.
All of this should be illegal as fuck, and this guy belongs in a jail cell
Why should someone not be able to short some stock? The AI bubble will burst anyway.
Also, he doesn’t have one billion dollars, he manages an investment fund that people collectively put a billion dollars (or more) there.