Comment on It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says

Sir_Kevin@lemmy.dbzer0.com ⁨11⁩ ⁨months⁩ ago

• Copernican@lemmy.world ⁨11⁩ ⁨months⁩ ago

  That’s not who suffers most in financial collapse.

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  • Transcendant@lemmy.world ⁨11⁩ ⁨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.

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  • Cryophilia@lemmy.world ⁨11⁩ ⁨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

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    • SpiderShoeCult@sopuli.xyz ⁨11⁩ ⁨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

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    • iByteABit@lemm.ee ⁨11⁩ ⁨months⁩ ago

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

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      • Cryophilia@lemmy.world ⁨11⁩ ⁨months⁩ ago

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

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    • Mchugho@lemmy.world ⁨11⁩ ⁨months⁩ 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.

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  • Peddlephile@lemm.ee ⁨11⁩ ⁨months⁩ ago

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

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    • dack@lemmy.world ⁨11⁩ ⁨months⁩ ago

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

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      • iByteABit@lemm.ee ⁨11⁩ ⁨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.

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    • KidnappedByKitties@lemm.ee ⁨11⁩ ⁨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.

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      • GeekyNerdyNerd@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

        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.

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    • slinkyninja@lemmy.world ⁨11⁩ ⁨months⁩ ago

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

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    • Sir_Kevin@lemmy.dbzer0.com ⁨11⁩ ⁨months⁩ ago

      I was thinking more along the lines of mad max.

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