Tony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 day agoThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comexternal-linkmessage-square212linkfedilinkarrow-up1643arrow-down111
arrow-up1632arrow-down1external-linkThe Big Short Guy Just Bet $1 Billion That the AI Bubble Popsfuturism.comTony Bark@pawb.social to Technology@lemmy.worldEnglish · 1 day agomessage-square212linkfedilink
minus-squareDragonTypeWyvern@midwest.sociallinkfedilinkEnglisharrow-up10·16 hours agoYep. The market can stay irrational etc The thing is though as long as it goes down that’s usually all you need. You don’t need a total collapse.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up8·15 hours agoThat’s the thing though, options are generally relatively short in duration, with most being a few months. The longest options are around 1-2 years out. Could AI stay keep its hype for 1-2 years? Probably. Will it? Who knows!
minus-squaresome_kind_of_guy@lemmy.worldlinkfedilinkEnglisharrow-up2·4 hours agoI assume he has enough funds to buffer and roll it forward if it takes longer than he thinks.
Yep. The market can stay irrational etc
The thing is though as long as it goes down that’s usually all you need. You don’t need a total collapse.
That’s the thing though, options are generally relatively short in duration, with most being a few months. The longest options are around 1-2 years out.
Could AI stay keep its hype for 1-2 years? Probably. Will it? Who knows!
I assume he has enough funds to buffer and roll it forward if it takes longer than he thinks.