this post was submitted on 27 Jun 2026
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What's mindfuckingly frustrating is that EVERYONE (but the rich ass financial types) see it coming. And there is ABSOLUTELY NOTHING WE CAN DO to prevent or prepare for it.
The last few financial crises have led to massive wealth transfers to the 1%. I wouldn’t be surprised if some of the more accelerationist of them are trying to engineer them at this point.
except this time, AI costed them more than it returned.