Washington is loosening financial safeguards just as risks tied to artificial intelligence are mounting.
  • IHeartBadCode@fedia.io
    2·
    10 days ago

    and take the economy with it…

    Yeah like the last umpteen times this has happened in my lifetime. We live in a society of greed, who knew it would be so unstable?

    • FoxtrotDeltaTango@sh.itjust.worksOPEnglish
      1·
      8 days ago

      I agree, I deleted almost every app that has a subscription

      If the apps have a pay once and buy once option then I keep and don’t delete

  • Itdidnttrickledown@lemmy.worldEnglish
    1·
    9 days ago

    The scumbags are getting better at making sure they end up rich when it happens. The only important thing from their point of view.

  • whoisearth@lemmy.caEnglish
    1·
    8 days ago

    The economy has not been good since the 70’s and I wish economists would collectively pull their heads out of their asses and stop towing the line of the ones in charge.

    What you or I experience is completely decoupled from the stock market, or the GDP, and has been forever.

    • Phoenixz@lemmy.caEnglish
      0·
      9 days ago

      It would be so funny that the economy crashes, making poor people poorer and rich people richer!

      Because that is what happened in the past few crashes. So I’m not entirely sure when and where I should start laughing about this

      • GreenKnight23@lemmy.worldEnglish
        0·
        9 days ago

        in the past the rich got richer because the poor didn’t understand who to blame.

        sentiment towards the wealthy these days is far more volatile than it was in the 1930s.

        • Phoenixz@lemmy.caEnglish
          1·
          4 days ago

          And it will just happen again. If you think the poor will rise up or something like that, then I have a bridge to sell you.

          Do not underestimate the US propaganda apparatus

          • GreenKnight23@lemmy.worldEnglish
            1·
            4 days ago

            at this point I couldn’t care less if they do or not. humanity is fucked. we’re in a downward spiral heading for the poop chute.

    • Valmond@lemmy.dbzer0.comEnglish
      1·
      8 days ago

      So you don’t go grocery shopping?

      Did you know the economy has doubled every 20 years, with productivity alongside it, but the benefits don’t show up for us down here?

      We should have a 3/4 day workweek with cheap good food, early retirement etc etc but we don’t.

      And I’m saying this living in the EU.

    • Phoenixz@lemmy.caEnglish
      1·
      9 days ago

      When the economy crashes, and it will, rich peoole won’t suffer, they will enrich themselves even more. Its always the poor that suffer