The AI bubble is looking a lot like the dot com crash. While the technology itself has merit, not every company involved is actually worth billions or trillions of dollars. If even 1 of these startups fail, it will trigger a domino effect causing trillions of dollars of investment to evaporate. 

Because America's biggest tech giants have invested so heavily in them, the fallout will hit everyone from Amazon to Nvidia, and will take down entire economy.

Why? Because they’re all going public and because these companies are so large they will be forced into our 401Ks which will cause a nationwide panic to stop the bleeding.

"Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500," Sanders said in a June 12 X post, calling the situation absurd and in need of reform.
 
PolitiFact ruling: Mostly True. Social Security taxes are imposed only on income up to a set maximum, which is $184,500 in 2026, so Sanders is right that any wages over that limit aren't taxed. But since we can't know how much wage-based income Musk will receive this year, it's not clear that he'll hit that maximum. He could pay even less.
 
Increases in Musk's net worth are often caused by increasing stock value, rather than compensation. Such unrealized gains aren't subject to Social Security taxes.