One thing I've been thinking recently is being in the AI trade but only with high seniority, not common stock. So if there is a "pop", but the underlying business remains sustainable, the high seniority investors end up with the assets and make a mint when the market returns to balance, whereas the stockholders are the ones who suffer. This could mean a mix of convertible bonds / convertible ETFs, preferred shares, senior corporate debt, physical infrastructure (power suppliers, REITs, etc), BDCs and private credit vehicles, etc. Or possibly even common stock in some of the diversified giants (Google, Microsoft, etc), who - while they'd take quite a temporary hit in a crash - would survive and then buy up all the distressed players.

Oh, shoot, I forgot my "Claude-isms" ;)

I mean, Leopold was literally fired from OpenAI after one year.

(Though I would hardly call Altman "a genius". He's a rather sociopathic VC guy who happened to be in the right place at the right time)

I'm holding out for so many things.

New fabs are finally being built but they take like 3-5 years, so that's not going to solve anything any time soon :P

Situational Awareness is a "hedge" fund that did the opposite of hedging - they made a bunch of leveraged bets that were all linked to each other in typical market movements. It was headed by Leopold Aschenbrenner, a guy just a couple years out of college, whose employment career had been very brief stints at the FTX crypto exchange firm (until it collapsed) and at OpenAI (until he was fired a year later over an alleged information leak). No financial management experience whatsoever. But he was into Effective Altruism, writing AI whitepapers, all that sort of stuff that Silicon Valley tech bros like, and so when he started a hedge fund, $45B was quickly pumped into it.

Nah, this isn't a sort of bubble-popping event. It's a tangential player in the stock market, not some key participant in operations or loans in the AI ecosystem. My main concern: inference IS profitable. Very. But the heavy leverage of the industry is also very real, and can very much still spread like a contagion. And a likely trigger for that is inflation, triggered by trade wars and the ongoing Hormuz and Ukraine conflicts (or worse, new ones added to the list!). One, inflation directly increases their costs, but two, it causes central banks to raise rates. This starves companies of capital (both loans and equity), incl. to refinance existing liabilities, while also hindering income (e.g. new orders get put off or cancelled). It can easily flip a leveraged company into insolvency, and then that can ripple if there's nothing to stop it.

An investment opportunity can be brilliant, a massive world-changing field with huge margins, but still be a terrible investment. One, because the companies you invest in need to survive continuously and not get blipped out by an adverse market event until they have more ability to withstand them. And two, also, because there's a problem where investors don't merely value the whole market as if it has high odds of success, but value the specific player they're invested in with high confidence as if it will dominate said market. Which, obviously, all players combined cannot do.

If you could call it thinking, maybe.

More likely this is posing and nothing else.

If it is something else, it's a threat, solicitation for bribes, or both

Beat feet, give food

They can't do that until they finish destroying the ACA

Given the price increases on the former and the price drops on the latter, soon it might be feasible

And my dear, there always has been. What is your plan to ensure that no person in any country is starving?

You ignored vulture capitalists buying the starter homes and the Airbnb epidemic

There are people starving on the streets NOW

This is, of course, capitalism-worshiping nonsense. Corporations are legal fictions. Having bought one, you have become the owner of the entire fiction, including the name. They are SCO now in every sense that matters, and I say that as someone who used to run SCO software and who knows several former SCO employees. That SCO is dead, hopefully this SCO can also die soon, but they are legally the same SCO.

False. As a hosting provider Microsoft doesn't care what OS people are using, they just have to host it. But as an OS provider, Linux is still competition, so they still have a reason to attack it.