- cross-posted to:
- economics@lemmy.ml
- finance@beehaw.org
- cross-posted to:
- economics@lemmy.ml
- finance@beehaw.org
Patrick Boyle has been dropping some bangers recently. Specially since his perspective is from the hedge management.
I do believe it’s imperative for us to know one thing or another on how finance works not for personal gain (although one could do that, if they so desire), but to better understand how late stage capitalism operates and grasp better how the web of markets tie together.
For example, from Patrick again, how the “Situational Awareness” fiasco played out more as a “no biggie”, even if they broke a few records with that one.
Completely agree, we have to understand the forces that drive the system to understand what to expect going forward.
If anyone knew the random shit that chip making machine depended on, they would not invest… But no one knows. That goddamn thing is pure magic and not even the people behind it know why the heck it does what it does. Or so YouTube says.
I thought the video title was a hodgepodge of words for a moment. Read it more like “How much would an AI brahh crash smash destroy!” As opposed to “if there was an AI market crash, what would it destroy”
I found a YouTube link in your post. Here are links to the same video on alternative frontends that protect your privacy:



