This meme gets funnier and funnier every time I read it!
Comment on It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says
Steeve@lemmy.ca 1 year ago
Bears have predicted 100 of the last 3 market crashes
Chunk@lemmy.world 1 year ago
andrewrgross@slrpnk.net 1 year ago
Yeah.
It’s a casino, and a lot of these folks are no smarter than a retiree rubbing troll dolls on their favorite slot machine.
The solution is to realign markets to human needs. The is no productive benefit to high speed trading. There is no benefit to stock by backs. We need to reign in most of the nonsense that these financial services institutions do.