this post was submitted on 16 Aug 2023
29 points (85.4% liked)

Technology

59428 readers
3685 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
top 8 comments
sorted by: hot top controversial new old
[–] db2@sopuli.xyz 20 points 1 year ago (2 children)

Bullshit. It wasn't at the center any of the other times, predatory stock market leeches were. Every time.

[–] potterpockets@sh.itjust.works 7 points 1 year ago

See also: Ownership looking to cut costs at the expense of their employees. AI causing layoffs is as much of a choice as ownership outsourcing jobs.

[–] Valmond@lemmy.mindoki.com 3 points 1 year ago (1 children)

Yeah it's crazy we let those "financial" markets exist.

Like those bot wars who trade every millisecond (the same thing, buy sell buy sell buy sell), if you want to invest, there should be at least like 1 single day you have to hold on to that stuff or what is the real reason you'd invest?

Also fuck this idea the borrowing to pay for something today but we'll pay it later, and then later we'll just borrow more to pay off the interests. Grrr.

[–] db2@sopuli.xyz 1 points 1 year ago (1 children)

It gets worse with naked shorting, they don't even need to borrow money they can just lie about it instead.

[–] Valmond@lemmy.mindoki.com 2 points 1 year ago

Well you are probably right, but there is usually something worse almost always :-)

[–] bcrab@lemmy.world 5 points 1 year ago

Let’s get through the current financial crisis before we start planning the next one

[–] brihuang95@sopuli.xyz 2 points 1 year ago

Pffft, okay Gary come back to earth now will you

[–] giacomo@lemm.ee 0 points 1 year ago

Wait, when did AI become real?