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this post was submitted on 04 Nov 2026
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Fuck AI
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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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This sort of idiotic bandwagoning unmoored from reality and sensibility is one of the big reasons I no longer treat the stock market with any seriousness. The market drops because… checks notes… the unsustainable bubble that is already starting to pop is probably going to get reined in, and tariffs are probably going to be repealed leading to increased international trade…? 😐
Musk is dropping, not the market. His bubble was based on political corruption. Why do you think he spent half a billion dollars, political ideology?
Any chance for big-business conservatives to scare the uneducated with the boogeymen of regulation and taxation on the wealthy (NBC is owned by Comcast, and is run by Michael Cavenaugh, a former banking and private-equity CEO).
The US market is expected to drop because the US market is massively overloaded with bubble tech stocks. DJIA and VGK (FTSE Europe ETF) are up in extended hours. Even VUG (Vanguard Morningstar Growth; US growth stocks ETF) is up.
If you don't want it to pop you have to let the air out slowly. If you don't want to let the air out slowly what do you want exactly?
Keep inflating - line must go up exponentially. It has worked for the last months/years, so why change?