Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 2 years 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@lemmy.nz to Technology@lemmy.worldEnglish · 2 years agomessage-square13fedilink
minus-square∟⊔⊤∦∣≶@lemmy.nzlinkfedilinkEnglisharrow-up9·2 years agoI strongly suspect the largest catastrophes will be to Wall Street wallets primarily.
minus-squaredemonsword@lemmy.worldlinkfedilinkEnglisharrow-up4·2 years 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-squareGravityisTime@kbin.sociallinkfedilinkarrow-up4·2 years agonaked shorting catches up one way or another. not to mention plague like swaps hidden from public view too.
minus-squareJerkface@lemmy.worldlinkfedilinkEnglisharrow-up3·2 years 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.
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
naked shorting catches up one way or another. not to mention plague like swaps hidden from public view too.
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.