Index funds where most people’s retirements are invested are not propping up funding for AI. But, by definition, represent the overall stock market and any downturn will bring index fund value down, and devaluating everyone’s savings
Tech firms make up about a third of the S&P 500 and are grossly overinflated by AI. So yeah, we're all in it whether we like it or not. I'm just glad I'm not retiring for at least 15-20 years. Plenty of recovery time
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u/getafterit3 3h ago
Index funds where most people’s retirements are invested are not propping up funding for AI. But, by definition, represent the overall stock market and any downturn will bring index fund value down, and devaluating everyone’s savings