this post was submitted on 16 Oct 2023
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It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says::undefined

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[–] [email protected] 36 points 1 year ago (3 children)

That's not who suffers most in financial collapse.

[–] [email protected] 24 points 1 year 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.

[–] [email protected] 4 points 1 year ago (3 children)

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

[–] [email protected] 7 points 1 year 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

[–] [email protected] 5 points 1 year ago (1 children)

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

[–] [email protected] 0 points 1 year ago (1 children)

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

[–] [email protected] 0 points 1 year ago (1 children)

Except for the fact that people literally do change age from day to day. Another day older.

[–] [email protected] 2 points 1 year ago (1 children)

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

[–] [email protected] 0 points 1 year ago

The only immaturity I see is the person throwing around ageist ad hominems in response to someone making a joke.

[–] [email protected] 3 points 1 year ago

Spot on, I've noticed this as well. So much black and white thinking and poorly developed and thought through political opinions infest this site.

Fuck cars, eat the rich, Bernie is the only decent politician, ACAB. It's all populist low effort bullshit.

[–] [email protected] 3 points 1 year ago (4 children)

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

[–] [email protected] 6 points 1 year ago (1 children)

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

[–] [email protected] 3 points 1 year 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.

[–] [email protected] 1 points 1 year ago

Invent a system of money in which they are no longer in control of it.

[–] [email protected] 1 points 1 year ago (1 children)

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

[–] [email protected] 1 points 1 year ago (1 children)

The luddites failed and the French revolutions ended poorly for everyone. Not exactly the best examples to draw from if you are trying to encourage violent rebellion.

[–] [email protected] 1 points 1 year ago

I was thinking more along the lines of mad max.