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Stock Market Bloodbath Spikes Fears of AI Bubble Bursting
(futurism.com)
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this post was submitted on 31 Oct 2026
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So someone who had some spare money and bought in to the NASDAQ for $1000 on Jan 1, 2026 now only has $1094.70 instead of the $1123.30 they had yesterday. Cry me a river.
Losing 2% of your body mass either doesn't matter at all or it matters a lot, depending on where and why you lost it.
A general market trend is a concern. 2% of the NASDAQ tanking because it comes specifically from the 10% of it that is wrapped up in vaporware and is heavily leveraged is a crack in the foundations.
This probably isn't the straw people want because they're not concerned about the consequences. It is, however, an objectively huge market correction.