BlackRock's Larry Fink urges trillions in AI investment to keep US ahead, citing national security risks if China advances. His proposal to use retirement savings sparks social media uproar.
Thats why NASDAQ recently updated rules to allow faster entry into index funds. SpaceX, Anthropic, and OpenAI all will get into index funds and 401k’s in 15 days from their IPO now, which means their price collapse will use our retirement accounts as a cushion. Which is pretty on-par for these people.
Can’t wait for every index to have spacex and other ai companies so the retirement funds I can’t change the investments for without taking a massive tax hit can have their value diverted into the pockets of the richest men in the world.
Thats why NASDAQ recently updated rules to allow faster entry into index funds. SpaceX, Anthropic, and OpenAI all will get into index funds and 401k’s in 15 days from their IPO now, which means their price collapse will use our retirement accounts as a cushion. Which is pretty on-par for these people.
Can’t wait for every index to have spacex and other ai companies so the retirement funds I can’t change the investments for without taking a massive tax hit can have their value diverted into the pockets of the richest men in the world.