this post was submitted on 07 Jun 2026
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Anthropic/OpenAI may be spending more than $1000 for every $100 you pay them (ea.rna.nl)
submitted 1 day ago by Trilogy3452@lemmy.world to c/technology@lemmy.world
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[–] Arghblarg@lemmy.ca 20 points 1 day ago

And that's why they're trying underhanded tactics to inflate earnings and IPO directly into the index funds, so every American's 401K will legally have to rebalance and invest in them. They're racing to fleece retirement funds before the bubble bursts.

Not financial advice, of course :p but people should really consider getting their stuff out and into self-directed funds or whatever it is US people do to not depend on auto-allocated funds.