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::undefined

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[–] Peddlephile@lemm.ee 3 points 1 year ago (4 children)

So, how do we engineer a situation in which the richest suffer most? End of capitalism?

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

Greatly increasing taxes for the super wealthy and closing tax loopholes would be a good start.

[–] iByteABit@lemm.ee 3 points 1 year ago

If they haven't done all this until now, what makes you think they'll do it then?

The rich will get off unscathed with a blank canvas to work on, and the poor will pay the price, just like with every other market crash.

[–] Sir_Kevin@lemmy.dbzer0.com 1 points 1 year ago

I was thinking more along the lines of mad max.

[–] KidnappedByKitties@lemm.ee 1 points 1 year ago (1 children)

Historically riots, mobs, and terror have been the answer. See the origins of the luddites, saboteurs, the French revolution(s), the socialist movement, etc.

[–] GeekyNerdyNerd@sh.itjust.works 1 points 1 year ago (1 children)

The luddites failed and the French revolutions ended poorly for everyone. Not exactly the best examples to draw from if you are trying to encourage violent rebellion.

[–] slinkyninja@lemmy.world 1 points 1 year ago

Invent a system of money in which they are no longer in control of it.