Lee Duna to TechnologyEnglish • 1 year agoWall Street Embraces AI Despite Risks of Catastrophewww.vice.comexternal-linkmessage-square13fedilinkarrow-up188arrow-down15
arrow-up183arrow-down1external-linkWall Street Embraces AI Despite Risks of Catastrophewww.vice.comLee Duna to TechnologyEnglish • 1 year agomessage-square13fedilink
minus-square∟⊔⊤∦∣≶linkfedilinkEnglish9•1 year agoI strongly suspect the largest catastrophes will be to Wall Street wallets primarily.
minus-squareGravityisTimelinkfedilink4•1 year agonaked shorting catches up one way or another. not to mention plague like swaps hidden from public view too.
minus-square@demonswordlinkEnglish4•1 year agoWS 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
minus-square@JerkfacelinkEnglish3•1 year agoYes, 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.
I strongly suspect the largest catastrophes will be to Wall Street wallets primarily.
naked shorting catches up one way or another. not to mention plague like swaps hidden from public view too.
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
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.