L4sBotMB to [email protected]English • 2 years agoIt is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head sayswww.businessinsider.comexternal-linkmessage-square104fedilinkarrow-up1294
arrow-up1294external-linkIt is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head sayswww.businessinsider.comL4sBotMB to [email protected]English • 2 years agomessage-square104fedilink
It is ‘nearly unavoidable’ that AI will cause a financial crash within a decade, SEC head says::undefined
minus-square@[email protected]linkfedilinkEnglish6•2 years agoGreatly increasing taxes for the super wealthy and closing tax loopholes would be a good start.
minus-squareiByteABit [he/him]linkfedilinkEnglish3•2 years 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.