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Report says 'circular financing' shows AI bubble 'primed to pop' (www.openmarketsinstitute.org)
submitted 3 days ago by to c/technology@lemmy.world
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cross-posted from: https://piefed.world/c/tech/p/1492252/report-says-circular-financing-shows-ai-bubble-primed-to-pop

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[–] 9 points 3 days ago (3 children)

I'm considering moving much of my 401K to the emerging markets equity fund. Not much exposure to AI there.

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  • [–] 4 points 3 days ago (2 children)

    Yes, but doesn't that create a taxable event?

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  • [–] 21 points 3 days ago (1 child)

    The whole idea of a 401k is that it's not taxable until you pull stuff out on retirement. You an trade in and out of stuff with no tax implications.

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  • [–] 16 points 3 days ago

    You may have taught me the most important, valuable thing of the last two years. Thanks...Oof.

    I've been waiting for the bubble to pop and thought I was stuck and could only allot new contributions. I need to do some rebalancing tomorrow.

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