this post was submitted on 16 Oct 2026
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No way AI is taking down the financial system.
It's all fearmongering and doomerism.
They will try and pass the fallout onto the people, similarly to how they did in 2008, with the mortgages being used to hedge their stock market bets (bad ones at that) after regulations were removed to safeguard that from happening and people lost their homes, the banks got bailed out. The people responsible got no punishment. They do this same shit all the time. They shoot too high hoping it'll catch on, and if it doesn't they don't pay the price. This time, we need to stand with whomever wears the cost and make sure the richest are the ones who pay. The ones responsible for this. They all go under, or we take them down.
Eta, this article is bullshit tho
AI won’t, but the entities responsible for it will.
Perhaps not AI itself and perhaps not the actual system, but if/when the bubble bursts it absolutely will do a lot of financial damage.