[ath3nd]

> Also, when the stock market crashes usually bad things accompany it. Like a depressed economy and job losses.

It's our own fault for tying the stock market performance to our economy's performance. Why would I, a train worker, should have my pension affected by Sam a Altman's bad decision making or by Enron's lies and deception.

It's our own fault that the stock market is so volatile and that we tie so much of our economy to a financial gambling machine that's become increasingly divorced from reality in the last couple of decades. Like you are putting money on a stock that trades at 1000 on a company that is 10 years away from being profitable? You deserve your money to go poof.

[thunky]

> Like you are putting money on a stock that trades at 1000 on a company that is 10 years away from being profitable? You deserve your money to go poof.

Who is suggesting that?

NVDA trades at 57x earnings, MSFT 37, GOOG 22. The article is about META and they are 27x. These are the big companies that dominate the s&p that we're talking about.

I don't think anyone is suggesting to put their life savings into Anthropic. They can't anyway, it's not public.

The s&p PE is 30, which is high, but still lower than it was in 2020 before the AI "bubble" started.