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The only plausible way for investors to get their money back on OpenAI is as if, as the company has been betting, OpenAI will soon develop AI systems that can do most work humans can do on a computer. (www.vox.com)

submitted 3 days ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 3 days ago (1 children)

One little appreciated aspect of the Trump presidency, is that it may include millions of job losses to AI & robotics. I wonder will this be the No 1 issue in the 2028 election ? (if there is one).

[–] [email protected] 9 points 3 days ago (2 children)

Nah, the #1 issue of 2028 will be managing the fallout of the "AI" bubble popping and taking the wildly overinvested American tech sector with it.

[–] givesomefucks 3 points 3 days ago* (last edited 3 days ago)

This is why I hate people trying to jump on board and follow politicians investments.

It just makes them more money and makes the bubble bigger when it bursts.

And because people are watching them (with a 2 week delay) after Nancy Pelosi sells a shit ton of people will. She'll make a shit ton of money off insider knowledge and everyone else will panic sell and the bubble doesn't pop, it goes boom.

Speaking of...

https://www.investing.com/news/stock-market-news/nancy-pelosi-sells-apple-nvidia-stock-buys-alphabet-amazon-calls-filing-shows-3820827

Its went up since she sold, but look for a lot more articles like this today where people start questioning the price, and then we're going to start seeing the drop.

A year ago it was $60, today it's $145. She made her bag and got out and everyone that bought because she did will sell too. All they did was make her more money.

[–] MsPenguinette 2 points 3 days ago (1 children)

Tho if I lose my job in 2025 cause Trump tanked the economy with tarrifs or whatnot, I'll def consider applying at Stargate cause 500 bil is enough for them to just be hiring like crazy. It'd at least hold me over till I found another long term gig

[–] [email protected] 2 points 3 days ago (1 children)

The only people applying at Stargate will be Nvidia GPUs

[–] A_A 1 points 3 days ago

... and those who make GPUs (?).