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> Regular people are not leveraged into AI startups today

this isn't accurate. as an example, anyone with a 401k will be affected by the stock market and the stock market is mostly tech, and tech has bet the house on ai

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"Your 401k should never go down at all" is not a realistic expectation.

Hopefully, people who need to pull from their 401k's soon have wound down to less risky positions. 401k exposure is just not the same thing as your house valuation tanking.

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