The entire US economy is currently being propped up by growth in the AI/tech sector. And I am convinced that LLMs are fundamentally incapable of delivering on the promises being made by the AI CEOs. That means there is a massive bubble that will eventually burst, probably taking the whole US economy with it.
Let’s say, for sake of argument, that I am a typical American. I work a job for a wage, but I’m mostly living paycheck to paycheck. I have maybe a little savings, and a retirement account with a little bit in it, but certainly not enough that I can retire anytime in the near future.
To what extent is it possible for someone like me, who doesn’t buy into the AI hype, to insulate themselves from the negative impact of the eventual collapse?
DarkAri@lemmy.blahaj.zone 3 days ago
You could put a portion of your retirement in assets, things like gold, property if the taxes aren’t crazy. Silver gold and copper can be a good asset if you can get it at market price and protect it from theft. Other things you can buy are used guns, collectables that you know will have more value that is higher than inflation in the future.