this post was submitted on 02 Jun 2026
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Fuck AI
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What is possibly even more concerning is that apparently (I am no expert) stock market rules are loosened for these giant IPOs:
https://news.ycombinator.com/item?id=48364978
... which seems to endanger some people's pensions directly.
They are trying to get this proposal passed but people are fighting back against it...As it is obviously stupid, not to mention insane given that Private Equity or Cryptocurrency cannot stand on their own two feet. These practices should just be allowed to fail because both are fiscally irresponsible and far too volatile to be trusted.