n7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 2 months agoEveryday AI looks more like the '08 housing bubblelemmy.caimagemessage-square307fedilinkarrow-up11.26Karrow-down129
arrow-up11.23Karrow-down1imageEveryday AI looks more like the '08 housing bubblelemmy.can7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · 2 months agomessage-square307fedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up31·2 months agoYes, you absolutely will be effected. In a general way, the plebs always do the heavy lifting - a universal truth since the dawn of time. More specifically, your pension / 401k will lose a heap of money. As the economy contracts there will be lay offs. That means loan defaults, et cetera.
minus-squaremsage@programming.devlinkfedilinkEnglisharrow-up1·2 months agoPensions in the stock market are the hostage, and are being used as an excuse against regulations. Fuck all of that.
Yes, you absolutely will be effected.
In a general way, the plebs always do the heavy lifting - a universal truth since the dawn of time.
More specifically, your pension / 401k will lose a heap of money.
As the economy contracts there will be lay offs.
That means loan defaults, et cetera.
Pensions in the stock market are the hostage, and are being used as an excuse against regulations.
Fuck all of that.