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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)KY
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2 yr. ago

  • Maybe Goldman Sachs. Manipulation of many markets, both contributed to and profited from the 2008 crash. Which they paid a $550mil settlement for when they're like a $100bil company. Imagine making $50k a year, committing fraud ("misleading its investors") at a national scale affecting millions, and getting fined $250.

    Also manipulation of gas prices, food supply/prices, insider trading, they're just the freaking worst.

  • The numbers come from an overly simple way to level out trade deficits.

    So if I sell you $100 in goods and you sell me $120 dollars in goods, I'm "losing" money, therefore 20% tariff (tax to sell me something). In reality, you're going to increase your prices and sell me $140 worth of the same stuff.

    All the AIs did was expand this to a global scale, what's insane to me is that the math adds up. It doesn't take an AI to do this though, some economics undergrad could come up with the same thing. Understanding the underlying methodology shows how it completely lacks nuance or understanding of how the world really works.

  • Honestly this is insane to me given the Trump crowd skews much older.

    Literally the generation growing up in the Cold War, having evil Soviets ingrained in them from childhood, and now Russia being happy with our policies doesn't raise a red flag for them? Our President being pals with the ex-KGB Putin doesn't mean anything to them? Hello??

  • Honestly I'm just sad we already had a program like this. I didn't read the NYT article but ones from NPR and AP, didn't go into much detail about the existing one.

    Idk, maybe if the money went to approved charities or cancer research foundations? Instead of a business for jobs, which isn't inherently bad, but easily exploitable. I'm guessing this new system will be worse and have fewer restrictions.