well, a stroke of luck until the whole US stock market crashes & everyone's retirement funds get cut 40% I guess when people internalize this. it will have to happen sooner or later though I suppose
The economy he and his ilk want to build is infinitely worse.
If investors start fleeing from senseless businesses in the AI sector, that does not mean that sensible businesses will be spared. These things follow herd mentality, and the primary drivers of the herd are greed and fear, not fundamentals or business logic.
A major correction would be a bummer but we were never entitled to these abnormal gains in the first place.