this post was submitted on 11 Oct 2025
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Everyday AI looks more like the '08 housing bubble (lemmy.ca)
submitted 3 days ago by n7gifmdn@lemmy.ca to c/technology@lemmy.world
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[–] cyberwolfie@lemmy.ml 5 points 3 days ago

Pension funds are to a large extent exposed to the stock indices. Since these companies grow and grow in valuation, a larger portion of pension funds are exposed to these companies. The so-called "magnificent seven" make up about 35% of the US stock market now. A lot of people will see a large portion of their pension savings affected by this. If you are not a US citizen, you sre still likely exposed to these companies.