this post was submitted on 16 Oct 2023
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It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says::undefined

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[–] ShittyBeatlesFCPres@lemmy.world 6 points 1 year ago (1 children)

I traded in a 2014 Toyota hatchback to Carmax and got an Audi A3 when the algorithms went haywire. It didn’t cover the whole cost but it was a silly enough trade that I thought for sure someone would call me and say it was a computer error.

[–] fjordo@feddit.uk 2 points 1 year ago (1 children)

Wow, what a deal! Did they say anything about how crazy that was?

[–] ShittyBeatlesFCPres@lemmy.world 3 points 1 year ago

No, they actually called and paid me $100 to make the swap at a lot about an hour away. I wasn’t gonna argue my way out of an upgrade so I was like, “Oh, yeah, I can drop it off wherever.” The dude who details the cars after you drop them off definitely wasn’t worried about it. He thought it was funny his bosses fucked up.