The biggest mistake we made after the last financial crisis was not putting heads on pikes. Justice should be far more punishing if it’s ever going to threaten white collar criminals.
I’m not holding my breath, but I hope current political extremism breeds actual consequences for the wealthy elite this time around.
As a millennial, I’ve developed a baseline immunity to once in a lifetime devastating economic collapse.
I’ve never had any savings that can be influenced by a stockmarket crash, so I’ll be fine
Gen X here - we had a good quiet 20 years and then everything went entirely to hell.
The official Gen X response is: whatever…
Tanking the financial system by means of the AI bubble bursting, right?
“Whoops, our AI agent went rogue and took all your money.”
Would FDIC apply in this scenario? It should, since it’s effectively bank robbing, but my guess is they’ll have some excuse for why your money isn’t insured specifically for AI agent theft.
“Only humans can commit theft” probably
Still blaming AI for everything they do themselves I see.
This. So much this
An AI CEO advising people to stock cash, food and a hand crank radio in case AI takes down banking is some spectacular product marketing. Silicon Valley spent years insisting AI would run everything. Now the contingency plan is to make sure nothing you own needs a computer. Progress! 😳
plus, if the financial system collapses the cash won’t be worth the paper it’s printed on.
How many times has it been the end of the world? When I was a kid, it was the Cold War, every day the newspapers had articles about how we were on the verge of nuclear war. Famine was another, there was not enough water for the crops. There was AIDS, we were all going to get ill and die of Kaposi’s Sarcoma. There’s got to be a list of these somewhere…
