That “someone” is pretty much everyone’s stock portfolios/pensions/retirement plans, as about 60% of stock market gains in 2025 have come from AI megacaps. The “magnificent 7” make up about 35% of the entire stock market at this point, and they’re all heavily invested (overleveraged) in speculative AI. When this bubble pops it’s going to be nasty.
That “someone” is pretty much everyone’s stock portfolios/pensions/retirement plans, as about 60% of stock market gains in 2025 have come from AI megacaps. The “magnificent 7” make up about 35% of the entire stock market at this point, and they’re all heavily invested (overleveraged) in speculative AI. When this bubble pops it’s going to be nasty.