this post was submitted on 16 Oct 2023
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It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says::undefined

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[–] Transcendant@lemmy.world 23 points 1 year ago

Bingo. The super-rich love a financial collapse, it gives them a golden opportunity to turn disaster capitalist. All those foreclosed homes & businesses available at a knockdown price, nom nom nom.