This is the real life version of that gag about the two economists on a deserted island with a briefcase of cash. Just keep handing it back and forth between each other until you’ve generated enough value to buy a boat.
yup
At what point does it pop, really? It’s three companies giving each other money in a circle.
whenever investor panic starts I imagine and they begin moving money elsewhere
Yes yes yes crash you AI bastards crash crash crash I hate you so much
"I am a firm believer in the power of A.I…
Artificial Investments!
Oh damn, I said the quiet part loud and the loud part quiet"
ha!
‘Very troubling’: AI’s self-investment spree sets off bubble alarms on Wall Street
pop pop pop pop pop pop pop pop pop pop pop pop !!!
i’m getting close to taking manual control of my meager retirement account and pulling it out of stocks
at the very least it’s probably worth moving money into bonds which are less likely to crash and would almost certainly get bailed out
inshallah all the techbro cities will become affordable someday soon
the thing that puzzles me is the bullshit stock deals that the companies have began doing recently. essentially the first company gives a bunch of money in exchange for shares in the second company, they announce the deal causing the second company’s stock to rise, which makes the second company’s shares that is owned by the first company more valuable than the amount invested, which makes the first company’s share rise as well. then they raise investments based on the new value which completes the cycle.
im definitely missing something here or misunderstanding something because that shouldn’t be possible. i’ll be glad if someone explains it to me.
that’s basically what’s happening, a great dive into the whole thing https://www.youtube.com/watch?v=CBCujAQtdfQ
Since capitalism is basically a pyramid scheme this all makes sense really, and is totally healthy and not cause for alarm in any way!
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
My honest reaction https://youtu.be/dyp9Qw12boI
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
