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Comment by bdangubic | Hacker News Reader

you can 100% and totally be immune to it

How do I get zero direct and indirect stock market exposure, no electricity price impact, no RAM or GPU price impact, etc?

I'd love to live in a world where AI firms bidding these things up doesn't affect me but I'm really struggling to understand how they aren't impacting the market.

be poor (minus electricity, I guess)

If I'm poor I'm still indirectly exposed through the stock market. Employers stock goes down I get fired. Employer has better robotics because of AI? I get fired. Datacenter wants to get built where land is cheap? I get evicted.

Just because I'm too poor to own stocks doesn't mean stock prices don't affect me. That's indirect exposure not direct exposure.

I started buying stocks by investing $5 fractional shares each week.

You're never too poor to own stock.

You don’t like computers? Because these corporations are pushing up computer prices, for the rich and poor alike.

I have a computer, don’t need a new one

Sorry, who do you think is going to pay for the bailout? The rich? Don't make me laugh

People who are poor still have to participate in the economy. When you have a trillion dollar bet not pan out, somehow your minimum wage job no matter what it is, will be impacted because that’s what a recession does.

Which type of person is immune to it and where do they live?

I guess if you're older, retired, sufficiently wealthy and have few needs (house paid off, lots of savings, don't care too much about acquiring new tech) then you can easily not be affected.

"sufficiently wealthy" is quite a term -- doin a lot of heavy lifting there.

there are a lot of older folks leaning on 401ks and IRAs that are heavy in big indexes and I suspect many of them may end up eating cat food to get by if/when the bottom drops out.

Homeless people who live in the sewers. But first, you have to learn karate.

Just don't be invested in AI stocks, heavily leveraged in the stock market and about to retire, or work at a place built on such?

those dudes on the sentinal islands. they never felt the AI explosion and won't feel the hit when it goes down.

the rest of us will, though. I for one am looking forward to cheaper graphics cards, which I'll use to play video games after givin out handies behind the wendys

Silly person didn't you see that film with Ashton Kutcher?

life is too short to watch ashton kutcher movies

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