I clicked and starting reading this expecting some actual connection between said markdown files and losing money. There was nothing at all like that in this blog post.
Reminds me of this question - why did the USSR collapse? You can describe dozens of influences which acted all at the same time, but there isn't a one paragraph summary answer.
Inferring overly generalized and usually incorrect causal relations from extremely limited data and treating them as conclusive is a very strong human tendency; the idea of avoiding that and taking a systematic, structured, and conditional approach to assessing causal claims is fairly recent and, even among people who generally support it, often adhered to more as an aspirational principal than a consistent practice. And it certainly doesn't sell clicks the way the old way does.
Decisions made in greed caught up with people in power
Price of oil collapsed leading to mass shortages of everything. They also decided to allow more individual freedoms to protest which people promptly used to overthrow the system.
edit: specifically, I imagine that macroscopic political and economic changes can be aptly modeled as phase changes due to changes in correlation distance[0] holding the system together.
https://en.wikipedia.org/wiki/Correlation_function_(statisti...
Thanks for the feedback, it was front page of the FT and I need to remember not everyone reads financial news!
In another submission, Amazon, Oracle, Nvidia, Microsoft, Meta, and Alphabet are all dropping. Are we supposed to think of them as SAAS companies now?
https://www.cnbc.com/2026/02/06/ai-sell-off-stocks-amazon-or...
2. The selloff was largely due to Amazon's massive capex commitment for GPU compute buildout, as Amazon (and a couple other BigTechs) are used as market benchmarks and because a large portion of us have been holding since 2021-22 or even earlier so we have reached a point where we have hit returns that we were advised to hit in our portfolios. HNWIs with advisors and Institutional Investors (who advisors use) aren't daytrading.
But the claim that's related to anthropic posting some markdown files is idiotic at best, malicious at worst
My recent binge has been trying to understand what's going on when smart people simplify complex topics down to single root causes (causes that often feel like memes to me).
I also enjoy a good rationalisation myself!
And it's positively ludicrous.
I mean, to be clear the submission basically does exactly what most financial columnists do. Take every movement of the market, ascribe it to something/anything (when in the real world it's massively multifactorial) because that is pat and seems informative.
The market is massively overvalued, crypto has seen hundreds of billions dissolve, OpenAI has serious questions about its realistic ongoing viability (and a number of majors have a lot of their valuation based upon basically going all in on it -- Oracle, Microsoft, nvidia), the US is headed by a diddler simpleton who has no idea how anything works and thinks it's 1982, and so on. Volatility is a given.