▲ 444 ▼ Google CEO: If an AI bubble pops, no one is getting out clean (arstechnica.com) submitted 10 months ago by Alphane_Moon@lemmy.world to c/technology@lemmy.world 100 comments fedilink hide all child comments
[–] dontsayaword@piefed.social 1 point 9 months ago (1 child) Sub-prime mortgages going into default en masse permalink fedilink source parent hideshow 1 child comment replies: [–] el_abuelo@programming.dev 1 point 9 months ago That's not how people made money. That's what precipitated the crash. Shorting companies that were exposed would have been one route to make money - but as I said before, the smart piece there is in the timing not the mechanism. Shorting stock isnt difficult...Shorting it at the right time can be. permalink fedilink source parent
[–] el_abuelo@programming.dev 1 point 9 months ago That's not how people made money. That's what precipitated the crash. Shorting companies that were exposed would have been one route to make money - but as I said before, the smart piece there is in the timing not the mechanism. Shorting stock isnt difficult...Shorting it at the right time can be. permalink fedilink source parent