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phriot t1_j73jbn7 wrote

A lot of people do live paycheck to paycheck, but for those who don't, why not just buy a total market index fund? Companies will use AI. Their market values will skyrocket. You'll share in all of that, without having to pick and choose which will handle AI correctly.

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ttylyl OP t1_j73yl3j wrote

I think because they want to be the ones in control of the product or company, for maximum revenue.

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phriot t1_j748kg5 wrote

There's a huge gap between "paycheck to paycheck" and "can afford to buy a controlling share in a company."

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ttylyl OP t1_j748ql3 wrote

That gap is like 35% of the population, if that.

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phriot t1_j749q6w wrote

Haha, okay. We have roughly a top 15% household income. I guess I'm off to buy 51% of an AI company. I'll let you know how it goes.

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ttylyl OP t1_j74n5ig wrote

No, as in 60% of Americans are paycheck to paycheck or are relying on debt in one way or another.

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