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Big Tech is hiding $1.65tn in off-balance-sheet AI debt (thenextweb.com)

submitted 3 months ago by chobeat@lemmy.ml to c/technology@lemmy.world

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[–] massacre@lemmy.world 19 points 3 months ago (2 children)

Theor goal is to make sure retail 401ks don't get the last seat.

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[–] explodicle@sh.itjust.works 7 points 3 months ago (1 child)

It's absolutely crazy to me how many people are investing their 401ks in AI. If you're gonna gamble away your savings on tech bros, then there's a much better investment...

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[–] Jakeroxs@sh.itjust.works 5 points 3 months ago

As if most people self-manage their 401ks, it's almost always managed by the holding company unless someone does a PCRA or something along those lines.

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