• BilSabab@lemmy.world
    link
    fedilink
    English
    arrow-up
    6
    ·
    4 hours ago

    What can go wrong? Little reckless IPOs never killed anybody and never tanked world economy not even once… or twice… or thrice… or… oh well… how the fuck is this legal again?

    • shalafi@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      4 hours ago

      The IPOs don’t concern me so much as the total amount of our economy AI has tied up. AI investments account for the majority of stock gains and almost all 2025 GDP gains. The Buffett Index, total stock valuation vs. GDP, stood at 225% last year. It was around 130% in 1929 and 2008.

      No, this doesn’t feel legal and shouldn’t be in any case.