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Anthropic's IPO Is Cratering
(futurism.com)
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this post was submitted on 07 Nov 2026
421 points (99.3% liked)
Fuck AI
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Oh no, they lost a bunch of pretend speculation value that wasn't based on reality!
Fuck the stock market.
You're going to find out just how real stock market money is when the AI bubble implodes.
Buffett Index: total stock valuation vs. GDP
1929: 130%
2007: 130%
2025: 220%
The problem is that the pretended value will likely be paid from people's pensions savings.
Don't invest in AI companies for your pension then?
Even if you have that choice, it'll only stop some of the damage. The fact is that every sector will feel this collapse. It won't only effect AI companies.
don't think you fully understand how retirement savings work...
Or I live in a different country with different pensions. Here the government pays for it from general taxation and its pretty generous.
Honestly could argue its too much, if you have used your working years to buy a house you are probably going to be better off than a minimum wage worker. Calculated it based on my mortgage rate, minimum wage and pension a couple of years ago anyway.
Are you positive that all annual payouts are funded by that year's taxes, and it's not a fund invested to grow while the money sits in it?
Not saying it's impossible, but it's not very common. And is even more susceptible to baby boomer effects than the US fund.
I mean "that year's taxes" is dubious given state borrowing in many countries. But the government pay for it.
Private pensions might get fucked, but they still get the state pension. So... Oh no, you might not be quite as better off as you hoped? Hard to care too much.
People whose pension savings were based on pretend speculation value will have less pretend speculation value.