[throwaway290]

> There's lots of things in the world that I don't understand and I don't have opinions on; I trust that the experts in those fields have informed opinions.

Betting money on some stock makes you an expert in some subject? Cmon

This is hacker news, many here are literally experts on this thing, and not experts in finance, and not into gambling.

> I don't think contributing to the net's low SNR to speak "your truth" is a good thing

And you are saying people should only be allowed to say whatever they decide to put money on knowing full well that if enough rich people prop stock up for long enough short attempt will fail even if the company is bullshit hype. This just creates a rich people echo chamber that's all.

[Karrot_Kream]

> And you are saying people should only be allowed to say whatever they decide to put money on knowing full well that if enough rich people prop stock up for long enough short attempt will fail even if the company is bullshit hype.

No I'm saying that if you don't have anything new or informative to say, don't say it. I don't really talk about why AI is a bubble because I have nothing new to add that hasn't already been said even though I believe it too. Things I am informed about and are different from what others have already said, I say. Obviously the line here is quite vague but I think we should err on the side of saying less not more.

> This is hacker news, many here are literally experts on this thing, and not experts in finance, and not into gambling.

In my own area of expertise, < 10% of HN commenters (depending on the thread) actually understand what's going on. The rest really don't. I think you see expertise on this site where I do not. It's true a few experts in my field are on here but there are many more in other places like project Discords or Twitter or even mailing lists.

Anyway I don't think there's much more to be gained by us talking. I think we have two fundamentally different views on what this site should be. Thanks.

[Jensson]

> No I'm saying that if you don't have anything new or informative to say, don't say it.

I don't see anyone else saying that here yet though? Every day new people learn about that quote, its a good quote that helps many not lose money, its not bad to post it where its relevant.

If you goad people to lose their money then they can defend with that quote, that is fine.

[Karrot_Kream]

> I don't see anyone else saying that here yet though?

My original thought was:

> It's totally fine to say something like "I'm worried that the actual products that the AI boom are producing won't generate enough revenue to justify these levels of investment." But the silly doomshilling happening constantly makes no sense. Perhaps more saliently, if you treat the market as a source of economic information, the doomshilling seems to offer no new information at all.

I'm not sure what folks are thinking about money when they read what I say. I think there's some imputed values about gambling and money there (namely I read some values about gambling being bad and money being dangerous) that might be confusing from my point.

Money is just the tool to hold one accountable for what they say. Saying something like "oh it's obvious Oracle is in trouble, AI is a bubble it's going down" (not actually what GP said) is, to me, a post of sentiment without information. It's the kind of thing I do in group chats not online forums. I think it's important for folks who post a sentiment to either post why they believe that sentiment with some amount of detail or to have some consequence for failure for their sentiment. Or else the commons are polluted with irrelevant at best and incorrect at worst content.

Put another way, I think the open internet needs a much, much, much higher level of gatekeeping than it gets now. Putting money behind your beliefs is one way to do this. And since we're talking about publicly tradable financial instruments, it seems like a fairly obvious one.

[throwaway290]

Money is not dangerous, it is necessary for life, that's the point

Some people have a lot of it and who has more can gang up and influence markets meaning anyone who tries to prove a point to you by shorting a legitimately overpriced stock will be holding a bag

So that's why forums exist and it is good to be able to say what you think and not get bullied into shutting up

if you want economic information then why are you in this forum, just go to the market and let people discuss things;) if you participate in that discussion then that's your choice