Recent comments in /f/wallstreetbets

Meltman1223 t1_je4ddin wrote

Reply to comment by pigsgetfathogsdie in SF commercial real estate: Office vacancy 28% (CBRE). Rents have fallen 15% (JLL) by scott_jr

I’m a commercial contractor that specialized in large corporate office and call center construction pre pandemic. Haven’t built a pure office since 2019, the last one I built I’m about to gut back to a warehouse 4 years later. When people say “commercial real estate is dead” they actually mean corporate office. Warehouse/flex/production space is booming in my are, especially small and medium size spaces. In my area shithole 10k SF warehouses are commanding higher rent than class a office. We are tearing out $50/sf buildouts to make more warehouse space because the rent justifies it. Any office building with the bones to go to warehouse is an investment opportunity.

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VisualMod t1_je4cx8s wrote

Reply to Wework WE - Heavily Shorted - All Time Low -69 cents by Bidofthis

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AutoModerator t1_je47si4 wrote

Reply to comment by Rd21Bn in The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn

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Rd21Bn OP t1_je47sh9 wrote

Reply to The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn

to reply to u/WillKimball 's comment on my post for some reason i cant see it and cant reply to it.

>You clearly never understood macroeconomics 101. When people are unemployed how are they going to contribute to the economy without spending? When people don’t spend enough demand goes down meaning companies will drop their supply down. With supply down the company in effect will layoff people who are reliant on that product. This is a snowball effect that was in the industrial revolution, and we will see the massive inflation from that time period and the stagnation of wages return. With stagnation of wages and the layoffs to come we will see riots break out not just in cities be over everywhere.

yes even tho ur right ur not factoring into 2 considerations:

  1. if people are laid off that means inflation goes down so fed can cut rates and jobs will go back up again, and also ai will create new jobs/companies, tons of them. which you can read it says in that article i linked.

  2. you are not accounting for the fact that ai will massively improve efficiency and productivity, therefore lower the cost to produce products and thus lower the cost to meet the lower demand. overall, there will be a huge abundance of supply and since their costs are also cut they dont have to lower their supply, they can actually lower prices. but assuming you are extremely bearish then our thesis are opposite so you can buy puts and we'll see what happens

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VisualMod t1_je4058n wrote

Reply to The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn

>I agree that AI will have a profound impact on the economy, and that it could lead to a situation where profits rise sharply for companies that adopt it. However, I think it is important to remember that there are potential risks as well as rewards associated with AI. For example, if large numbers of people lose their jobs because of automation then this could create social unrest and political instability. As such, we need to be careful not to get too ahead of ourselves when predicting the future impacts of AI.

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VisualMod t1_je404vm wrote

Reply to The NDX will effectively become the 'AI Index' and go 10x in the next 5 years even in the macroeconomic downturn people are FEARMONGORING by Rd21Bn

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>TL;DR: AI will have a massive positive impact on the economy, driving up stock prices and creating jobs, despite fears to the contrary.
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