Truly, we live in the worst timeline

  • Sodium_nitride@lemmygrad.ml
    ·
    18 days ago

    I love how both managing crypto and ai are lumped into one position despite them being completely different things.

    Seems like trump is just throwing away the people he doesn't give a shit about like someone might gather all their trash in one place.

      • SamotsvetyVIA [any]
        ·
        18 days ago

        because crypto was supposed to be this groundbreaking decentralized currency that can take on the central bank and the dollar

        Even those who would critique capital end up reinforcing it instead

      • TheWolfOfSouthEnd@lemmygrad.ml
        ·
        edit-2
        16 days ago

        Can you give a similar analysis to the stock market? Alls I normally see on Crypto is “it’s a scam” with nothing deeper, and I’m curious as to how it compares.

        Edit; corrected a spelling error.

    • UmbraVivi [he/him, she/her]
      ·
      17 days ago

      Crypto and AI are related in that they're both loosely defined new frontiers that tech corporations desperately want to exist because their existing businesses can no longer grow. Everybody who is a potential customer for facebook, google or whatsapp is already using those services, but the number still needs to go up somehow, so the tech giants are clawing onto anything that could become the "next big thing" so they can capitalize on it and promise more growth to their shareholders.

      Cryptocurrency, the metaverse and now AI are all iterations of this cycle. With very vague definitions and the wildest of promises, this is basically the government department of grifting shareholders. Which would honestly be funny if it wasn't also boiling the oceans.