minus-squaretormeh@discuss.tchncs.detoTechnology@lemmy.world•Banks Preparing for Aftermath of Unprecedented Catastrophe Caused by AI: "You can't stop it."linkfedilinkEnglisharrow-up98·1 day agoI find the article’s premise that optimizing individual returns will wreck the banking system very dubious. In all other parts of the financial system (risk-adjusted) greed is good, but when retail customers do it then it’s bad? linkfedilink
I find the article’s premise that optimizing individual returns will wreck the banking system very dubious. In all other parts of the financial system (risk-adjusted) greed is good, but when retail customers do it then it’s bad?