It is ‘nearly unavoidable’ that AI will cause a financial crash within a decade, SEC head says::undefined

    • Bleeping Lobster@lemmy.world
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      9 months ago

      Bingo. The super-rich love a financial collapse, it gives them a golden opportunity to turn disaster capitalist. All those foreclosed homes & businesses available at a knockdown price, nom nom nom.

    • Cryophilia@lemmy.world
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      9 months ago

      I need to get off lemmy. Too many teenagers on here with their "burn it all down"s and "trust me, I have a super easy solution to a giant complex problem that has been plaguing humanity for generarions"s and "the bad guys are actually good guys, lol I’m so edgy"s

      • SpiderShoeCult@sopuli.xyz
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        9 months ago

        now now, no need to be dismissive of other age groups in this matter. I’m sure there’s plenty of non-teenager people that think the same way too. on the internet, nobody knows you’re a 74 yr old extremist

      • iByteABit [he/him]
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        9 months ago

        Is this suddenly a teenager platform whenever you want to infantilize the ones you disagree with?

        • Cryophilia@lemmy.world
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          9 months ago

          No? It’s…just always a teenager platform? It’s not like the users change age from day to day.

            • Cryophilia@lemmy.world
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              9 months ago

              Holy fuck, the level of immaturity and pedantry was even greater than I could have anticipated. Well done, you have out-teenagered yourself.

    • Peddlephile
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      9 months ago

      So, how do we engineer a situation in which the richest suffer most? End of capitalism?

      • dack@lemmy.world
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        9 months ago

        Greatly increasing taxes for the super wealthy and closing tax loopholes would be a good start.

        • iByteABit [he/him]
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          9 months ago

          If they haven’t done all this until now, what makes you think they’ll do it then?

          The rich will get off unscathed with a blank canvas to work on, and the poor will pay the price, just like with every other market crash.

      • KidnappedByKitties
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        9 months ago

        Historically riots, mobs, and terror have been the answer. See the origins of the luddites, saboteurs, the French revolution(s), the socialist movement, etc.