In China, the AI bubble has burst

12 points

1/21/1970

9 hours ago

by smurda

Comments

maherbeg

I don't think we're in a bubble yet for AI. We've only really reached the software engineering market, and even then it's not permeated throughout every software engineering firm. There are so many other engineering disciplines to accelerate!

9 hours ago

nedsma

What are the ramifications for the US AI market? The "Magnificent Seven" tech giants account for roughly 35% of the S&P 500 index. A domestic market correction is coming, it's only unsure how many trillions in equity value could get wiped out.

9 hours ago

toomuchtodo

You've either prepared by hedging and/or previously rebalancing away from US equities and the S&P500, or you're going to experience a drawdown due to repricing towards reality. Wins for some, sadness for the rest.

9 hours ago