L4sBotMB to [email protected]English • 9 months agoIt is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head sayswww.businessinsider.comexternal-linkmessage-square106fedilinkarrow-up1292arrow-down132file-text
arrow-up1260arrow-down1external-linkIt is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head sayswww.businessinsider.comL4sBotMB to [email protected]English • 9 months agomessage-square106fedilinkfile-text
It is ‘nearly unavoidable’ that AI will cause a financial crash within a decade, SEC head says::undefined
minus-square@[email protected]linkfedilinkEnglish6•9 months agoGreatly increasing taxes for the super wealthy and closing tax loopholes would be a good start.
minus-squareiByteABit [he/him]linkfedilinkEnglish3•9 months agoIf they haven’t done all this until now, what makes you think they’ll do it then? The rich will get off unscathed with a blank canvas to work on, and the poor will pay the price, just like with every other market crash.
Greatly increasing taxes for the super wealthy and closing tax loopholes would be a good start.
If they haven’t done all this until now, what makes you think they’ll do it then?
The rich will get off unscathed with a blank canvas to work on, and the poor will pay the price, just like with every other market crash.