I believe it’s a bubble, and that it will burst, but I’m only a little worried about the market.
Yeah, there could be a sell-off of tech, but the people who sold will reinvest elsewhere.
Also, 401ks still exist. Every week people get paychecks and they automatically buy stocks, no matter what the market situation. The only thing that can bring that down is if less people have jobs with retirement plans. If AI busts there will be some amount of re-hiring somewhere to cover it.
Could be scary for people with tech stocks, but less scary with index funds going long term.
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