this post was submitted on 16 Oct 2023
260 points (90.1% liked)

Technology

59605 readers
3366 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

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

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 24 points 1 year ago* (last edited 1 year ago)

The crash is already in motion and it was not AI that caused it. This is just getting us ready for who to blame when it crashes.

Many stocks have been far oversold and there is no way to reset it without the rich losing it all.

This is how they will reset it and protect the rich.