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. https://link.podtrac.com/ujb7ns2p