Is this one of those situations where it spiked rapidly and now it’s going back down slightly? Or is it a real drop?
yongjik•14m ago
Eh looks like it already recovered about half of the plunge? KOSPI fell from 8,048 to 7,477, but now it's back to 7,807.
taurath•12m ago
YTD Kospi is +173%, after the sell-off, compared to +10% for the Nasdaq. Not exactly... worrying territory there.
But yeah, I'm sorry this whole circular financing bubble with AI should crash. As someone who's in community with people outside tech, things are pretty fucking dire and a correction in asset prices would probably be better long term.
redwood•28m ago