alt Hacker News> You could make the converse argument, too: why don't you borrow and leverage and bet and short these AI companies, if you so vehemently think it's a bubble?
Because going long and going short are very different. For successfully shorting something you need to have a pretty precise estimate of when the crash will happen. Being a comparatively short time off can cost you everything.
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Joel_Mckay • yesterday at 7:13 AM
Also, the volatility of leveraging positions often costs more than any gain over the long term.
Most look forward to picking up the assets at a heavy discount. =3
Yeah, but that applies to the argument in the original comment too. It's supposedly directed at someone who denies we're in an AI bubble, telling them to put their money where their mouth is. But then suddenly they're supposed to risk literally everything they have on "creating a business with infinite growth and value" before their "unlimited" leveraged loans are called in.
Obviously there's some hyperbole there, and I'm not really sure what serious point was being made, but it does seem to depend on the anti-bubble guy having some very confident and specific beliefs...