Wall Street Embraces AI Despite Risks of Catastrophe

Comments

• HootinNHollerin@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  Gotta have something to blame the next crash on when they ask for bailouts

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• Gruntyfish@lemmy.world ⁨1⁩ ⁨year⁩ ago

  When has Wall Street ever thought more than 10 minutes ahead?

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• nicetriangle@kbin.social ⁨1⁩ ⁨year⁩ ago

  Shouldn't surprise anybody. This is a capitalist wet dream.

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• luthis@lemmy.nz ⁨1⁩ ⁨year⁩ ago

  I strongly suspect the largest catastrophes will be to Wall Street wallets primarily.

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  • demonsword@lemmy.world ⁨1⁩ ⁨year⁩ ago

    WS fat cats will always get bailed by the government, it’s us plebs that are at real risk here… lots of unemployment coming our way

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  • GravityisTime@kbin.social ⁨1⁩ ⁨year⁩ ago

    naked shorting catches up one way or another. not to mention plague like swaps hidden from public view too.

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  • Jerkface@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Yes, it will be described in exactly that way, but only in the wake of the next largest transfer of wealth from the middle class and the poor to the rich, which will get a shrug at best.

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• mojo@lemm.ee ⁨1⁩ ⁨year⁩ ago

  No need to stop them, let them crash lol

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