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As one of America’s top VC predicts that ‘crash is coming’; Elon Musk responds

A prominent venture capitalist is advocating for a stock market crash, arguing it’s a necessary catalyst for technological advancement. He believes the current inflated valuations and excessive spending on data centers are unsustainable. This crash, he contends, will clear the way for a more robust ‘golden age’ by forcing a societal re-evaluation of technology’s role and prompting essential institutional reforms, ultimately leading to a more equitable distribution of its benefits.

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