Comment on The Value of NVIDIA Now Exceeds an Unprecedented 16% of U.S. GDP
Alphane_Moon@lemmy.world 1 week agoI generally agree with you, except I don’t think we can speculate whether it will be like 2008 the dot-com bubble.
The world economy different from what it was ~25 years ago. I believe the reliance on index type funds has increased at a drastic rate.
There is also things like the relative concentration of AI-influenced stocks.
Another new piece is America becoming much more corrupt. Americans might not care about this, but it would be naive to think this would not have caustic effect in the medium term on the real world.
Mind you, I am not necessarily saying I know the correct answer, just pointing out some things to consider.
cygnus@lemmy.ca 1 week ago
Very good point, although this will disproportionately harm individuals, and the people in charge don’t really care about that so it won’t be as disruptive as somebody important (like a bank or a hedge fund) getting into financial trouble.