this post was submitted on 02 Apr 2026
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Fuck AI
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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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This is way way worse than the dotcom bubble. The dotcom bubble didn't burn a fraction of the cash this shit has. And of course it's all debt, so we all know what happens when that happens.
I've been debated all week instructing my advisors to go to cash on my investment accounts. I think it's a little early for that, but the closer and closer we get to that September October period, the more and more I'm going to consider it. I'm naturally a skeptic, and by habit I see catastrophy everywhere, but I think this one might actually be the big one. Maneuvering out of these bad ones takes a lot of government synchronicity, and well, that worries me the most here.
Well, the other danger is hyperinflation, in which case having cash under your mattress is pretty terrible. I went with a Euro index fund.