Posts by cagatayy@mastodon.social
 (DIR) Post #B9V1be2vY9jexDvK2C by cagatayy@mastodon.social
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       @mntmn IMHO the source blog post (https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20260817~754a8a4418.en.html) is sensationlizing a bit. Mag7 is a poor proxy for AI exposure. Apple and Tesla (as opposed to SpaceX) are not deeply invested in AI. Other five all have non-AI businesses. Nvidia is probably the one that is most AI dependent but even it has plenty of non-AI business. Also, I can't find a mention of the total assets the European households hold in the post. €440bn is less than 2% of the total from two years ago (https://data.ecb.europa.eu/blog/blog-posts/exploring-investment-funds-households-own).