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Melon

(1,791 posts)

31. Go read what Sam Altman is saying. Uber and

Reply to paulkienitz (Reply #25)

Thu Jun 4, 2026, 09:33 PM

4 hrs ago

Others. Companies are burning through massive AI budgets in months. The layoffs and 401k cuts posted here due to AI because AI is taking their budgets.

That’s where you’re wrong. I see it at my company. We are now allocating huge budgets to stay ahead in AI. They are building massive data centers because massive amounts of money are being spent on AI. It’s all not speculation. This is where spending is going. The stocks are through the roof because they are taking spending today’s times projected growth multiplied by exactly that…time.

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longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all] paulkienitz 21 hrs ago OP

Sold my last 3 stocks. Moved money to a multigraincracker 18 hrs ago #1

You may be right edhopper 18 hrs ago #2

If the Democrats win back Congress this fall I predict a stock market correction. yardwork 17 hrs ago #4

Trump will still be President edhopper 14 hrs ago #22

There are no crashes anymore. Market is rigged and irrational GreatGazoo 17 hrs ago #3

That kind of rigging can't hold forever paulkienitz 16 hrs ago #11

and yet here we are GreatGazoo 15 hrs ago #15

The issue is how many times have we been told to leave the market? Melon 17 hrs ago #5

Yeah, that's where I am ITAL 16 hrs ago #8

It took six years to recover edhopper 14 hrs ago #23

Six years isn't that long for me ITAL 14 hrs ago #24

Or get out now and edhopper 10 hrs ago #28

Preferably you are cost averaging. Melon 4 hrs ago #32

There are other investments edhopper 3 hrs ago #33

No it's not "just as risky". paulkienitz 16 hrs ago #9

Ill gotten ponzy...huh? You mean investment returns. Melon 15 hrs ago #21

"others success"? There is no success to profit from in AI. paulkienitz 13 hrs ago #25

Go read what Sam Altman is saying. Uber and Melon 4 hrs ago #31

WSJ and Gallup did a story looking at how Democrat voters are losing money GreatGazoo 15 hrs ago #16

"Democratic." The adjective form is "Democratic." ColoringFool 15 hrs ago #17

I could have put a hyphen in there but noun GreatGazoo 15 hrs ago #20

No Johnny2X2X 16 hrs ago #6

I've heard that song before. paulkienitz 16 hrs ago #10

We've been waiting decades for a bubble Johnny2X2X 16 hrs ago #12

Index funds are like 50% AI bubble now. paulkienitz 16 hrs ago #14

People are predicting the market is holding on Johonny 16 hrs ago #7

I turned some investments into a newer and larger house CanonRay 16 hrs ago #13

I'll just keep my NVIDIA,TYVM. ColoringFool 15 hrs ago #18

Jensen Huang is pulling sooo many circular-financing fast ones... paulkienitz 15 hrs ago #19

Heard the same shit from Thom Hartmann a few years back Ziggy Beans 13 hrs ago #26

That same lie was told before the last two crashes. paulkienitz 10 hrs ago #29

imho Fat gains should be pruned. Rotation is underway. bucolic_frolic 13 hrs ago #27

Simple.... multigraincracker 8 hrs ago #30