570
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 07 Oct 2026
570 points (99.5% liked)
Technology
88664 readers
4725 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
The massive financial crash that will wipeout those assholes might the only real "win" the rest of us get.
Of course, judging by the last one in 2008 (which, IMHO, I suspect will turn out to be smaller than the AI one), governments the world over will try to save the assholes and make the rest of us pay for it with Austerity - if there's one thing I've learned from living through a couple of major crashes (in the very industries most hardly hit) and several minor ones is that when those in power see that they can rescue the wealthy whilst making the rest pay with no consequences for themselves, they'll do it again and again in ever more extreme ways, until things at a societal level rather than just crack, actually blow up.
We shall see - there is really no way the rest of us can stop the desperate feeding frenzy amongst the increasingly panicked elites and their politician minions before the whole thing crashes from the systemic accumulation of inbalances, so no matter what we (the common folk) do, we're going to get a massive AI crash - probably as big as the Net Crash and the 2008 Crash together - the more the feeding freenzy lasts (and governments as usual are activelly trying to delay the day of reckoning, hence making the feeding frenzy last longer and hit deeper) and the more of the broader Economy the sharks can reach, the worse it will be.