this post was submitted on 16 Oct 2026
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AI Experts Already Doomsday Prepping for When AI Takes Out the Entire Financial System: Start stocking up, folks! (futurism.com)
submitted 1 day ago by eicker@lemmy.world to c/technology@lemmy.world
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[โ€“] BlackSwan@lemmy.blahaj.zone 2 points 15 hours ago (1 children)

At a 2tr$ targeted valuation (yes that number is silly but it's also the IPO target) 1$mil is only a .05% equity stake and engineers usually get .1-.2%

[โ€“] echodot@feddit.uk 1 points 14 hours ago

Only if they divest. Which they can't really do because it isn't actually clear that the shares will increase in value long-term in fact dive into shares would put a scare on the market.

But that's not really my point, my point is if the AI completely collapses the financial system then by its definition a lot of money isn't really going to motivate people not as they truly believed money would become worthless.