cross-posted from: https://piefed.ca/c/technology/p/432936/tech-billionaires-cashed-out-16-billion-in-2025-as-stocks-soared
What do you guys think?
Is this the AI bubble bursting?
cross-posted from: https://piefed.ca/c/technology/p/432936/tech-billionaires-cashed-out-16-billion-in-2025-as-stocks-soared
What do you guys think?
Is this the AI bubble bursting?
No. We got the same news report last year and the year before… I think in 2021 Jeff Bezos alone cashed out $10bn. This is just our yearly reminder of rich people and that they do financial stuff and their tax evasion schemes.