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.
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.