this post was submitted on 21 Jul 2026
549 points (99.1% liked)
Technology
86580 readers
4002 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Damn that's around 1% of the entire global GDP...
Just wait until you find out how much of these stocks are bought on margin.
And like magic, there was just an article that said margin debt at an all time high… either we’re going to have a whole new class of billionaires, or we’re about to see a bubble pop like no other.
Actually you will see both. the current bubble we have now is the largest ever seen. A lot of people are going to their retirements, have to go back to work, lose their investments that are heavy in the bubble. But this is going to create billionaires from companies that survive and continue to provide AI services, and people that bailed before the bubble, and people betting on the crash. They will be the new generation of rich.