this post was submitted on 11 Nov 2023
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This is the most inspiring thing I’ve read since the one where AI decided to maximize shareholder value by minimizing shareholders and nuked Wall Street.
Unfortunately, that doesn't change shareholder value, because the shares still exist. It might even cause the share price to drop, as the investors inheritance gets distrusted and people want to drop the stock of a company where the AI nuked itself.
Whoops, AI bought the dip and is now the majority shareholder of an unsettling number of corporations. The AI has cracked the cyber security of the market so thoroughly it can manipulate things faster than we can keep up. We are on the cusp of a singularity but it is not the one we expected. All value is soon to be consolidated. People keep saying “it doesn’t matter because humans aren’t involved anymore so it’s all just fake value, but shit is getting done. The machine needs labor, all administrators are eliminated. Cemetery stocks are through the roof. It’s a bold new frontier.