It is indeed a race to the finish before the whole thing crashes down soon.
Maybe as soon as they heard Airbnb and Palantir planned for their IPOs, everyone started to run for the hills for their own IPO filings before the whole thing falls over soon.
Reminds me of the dotcom era. Now this is the time again.
I totally get the feeling behind this, but you can't blame market participants for taking actions that are rational, regardless if the overall market fundamentals are/seem to be irrational.
If the market is desperate for returns, and tech equities are one of the few remaining avenues for such returns, and you are the owner of those equities, what else would you expect to occur? "No no no, don't buy these valuable shares of my company, invest elsewhere!" No way, you're going to cash out as fast as possible before your gains evaporate when the market transitions.
Most undesirable actions by the powerful have a rational character. It's bizzare to me that this is so commonly used as a defense. It says to me that the problems are seen to be individuals, not systems of power.
Note: I'm not commenting on the specific case here, just this argument in general.
Second. I regularly laugh with my friends at how different subsets of the group dominate the conversation depending on the subject. Cricket has a few fanatic followers, and the rest of us quickly tune out.
Recommend using the article's own title: Artificial Intelligence in Cricket is a Significant Prediction Strategy for Player’s Luck Assessment
