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[-] Bronzebeard@lemmy.zip 48 points 4 days ago

It's not the existential threat that caused the selloff. It was the fact that the shit barely works half the time and isn't remotely as useful as they'd claimed it would be. Over hyped auto correct is being pushed as a thinking entity that can make decisions. It's not

[-] OfCourseNot@fedia.io 13 points 4 days ago

It's not the ai companies the ones falling, it's the other software developing companies. It seems that investors, in their infinite wisdom, are thinking developing software is not gonna be necessary in the future, like, you just ask gpt for the program you need and it'll build it on the fly or something...

[-] Bronzebeard@lemmy.zip 4 points 3 days ago

MS is one of the biggest AI pushing companies out there. They're down, what, nearly 15% in the last week?

So, incorrect.

[-] anomnom@sh.itjust.works 2 points 3 days ago

Partial incorrect, but the article is about law data and wealth fund managers who have a lot of exposure to (not necessarily AI) software companies that have been losing value and laying off workers for the last few months.

I think this will be a mistake, as is buying into the AI companies, especially OpenAI, since I think it’s going to become clear how shit is app is, and bring the rest of them down with it.

[-] IronBird@lemmy.world 2 points 4 days ago* (last edited 4 days ago)

moreso the fact you can sell stuff you don't own, when it comes to "why X stock dropped". it's a casino, the post-drop articles saying why are mostly just narrative building

[-] Bronzebeard@lemmy.zip -3 points 3 days ago

"Sell stuff you don't own"?...it sounds like you don't understand what stock is

[-] IronBird@lemmy.world 4 points 3 days ago

no, it sounds like you don't understand basic fundamentals of the casino.

[-] Bronzebeard@lemmy.zip 1 points 3 days ago

No it really sounds like you have no fucking clue what stock is. Unless you're talking about options, which I'll point out, no one, including yourself, has actually mentioned, but you'd still be wrong about what those represent.

Partial ownership of a company is not "something you don't even own"

[-] IronBird@lemmy.world 0 points 3 days ago* (last edited 3 days ago)

let me spell it out for you, since you apparently can't connect the dots yourself....short selling, you can do it without options

and brokers have many ways to technically "find shares" to borrow that essentially boil down to just ignoring all do-not-borrow designations people might utilize

shorting is artificial sell pressure used with abandon in US markets under the justification of "increasing liquidity", when in practice it's a tool used to extract liquidity. at a high enough level, all you need to be profitable trading is volume to trade into, and when the market is "exciting" more people trade

after 2000-2008 the majority of the rest of world massively cracked down on naked shorting, the US just slightly tightened leverage ratios (which there are dozen different ways for big funds to ignore)

this post was submitted on 05 Feb 2026
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