World-shattering technology always has to be worked with. You are right that it can't be undone.

I think it's a large and clear mirror that we are constructing that, faced with a a new other, we immediately assign it the same flaws and risks we see in ourselves and thus fear that these will come from it just as these flaws come from one another.

Sounds good to me.

Look, you're going to be angry. It's a common defensive mechanism to perceived embarrassment. I'm only trying to teach you.

Think it over for a few days. Only one group of people lost in 08.

You can't be this regarded.

If I convinced someone to pull the pin on a grenade, hid the grenade in a box with 5 pinned grenades, then sold the box to someone after telling them "these are all safe," the person who pulled the pin is not the most culpable.

Of course bad loans were being written because the people writing them knew they wouldn't default under their ownership.

You are one dim witted, gullible person and you deserve to have your country's economic future robbed from you.

Because they were bundled and given falsely inflated ratings. Have you even looked into this issue?

Sub prime mortgages didn't cause economic catastrophe in 08. The deliberate falsification of the rating of bundled mortgages in CDOs, which was done by the banks and ratings industries, did. This was further compounded by the derivatives market - all overwhelmingly at the institutional level.

The mortgage signers had nothing to do with that.

Then rather than being unwound, those institutions that realized this dumped their toxic assets onto other institutions, which then failed. Those failed institutions were then sold off to the larger institutions.

So no, this isn't the fault of lendees with bad money sense.

Bro, there's totally economic disparity in the US, but of course the poors predominantly received the SUB PRIME mortgages.

*had

If Fed continues to decide to not be a cuck, there is a decent chance of that yes.

Nah I'm not worried. Just need to examine sector performance and outlook, look at retail and institution sentiment, and read between the lines when the Fed makes announcements (without relying on what the institutions are trying to say the Fed is saying).

TFW you realize all financial news sources are Jim Cramer

Yep. No /s

Dunno. I'm a start up.

Software architects design software or modifications into "chunks" that perform simple operations. Since many of those chunks have established "convention," they are autogenerated.

The newer parts are then built synthetically by AI by scanning countless samples, interpreting them down to sub-components, and stitching together a new piece of software that's a reasonable approximation of what the chunk is described to need to do in human language.

Your software engineers then review and verify the code.

So it's incredibly quick iterations.

It doesn't "replace a human." Just as a few people and a couple pieces of farm equipment replaced dozens or hundreds of workers on a farm, so too will AI coupled with a software architect and a couple seasoned programmers replace entire teams.

I know this because I'm already doing it.