Why #AI may be bad for markets — and for retirement savings #stockmarket #nvidia

For years, big tech companies’ investment into developing large language models have sent asset prices soaring, creating a dynamic in which index funds are heavily weighted to a single industry.

On this episode of the Everybody’s Business podcast, Ed Zitron, host of Better Offline, tells us what could happen to the economy and your investments should the industry falter. He says placing all your bets on the Mag 7 and Nvidia could be dangerous.