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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[–] skozzii@lemmy.ca 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.