Thanks. Not as many interesting details as I’d hoped. The comments are great though… today I learned that the 2008 crash was entirely the fault of the government who engineered it to steal everyone’s money, and the poor banks were unfairly maligned because some of them had Jewish names, but the same crash definitely couldn’t happen today because the stifling regulatory framework stops it? And bubbles don’t exist anymore? I guess I just don’t have the brains (or wsj subscription) for high finance.

Might be something interesting here, assuming you can get past th paywall (which I currently can’t): https://www.wsj.com/finance/investing/abs-crashed-the-economy-in-2008-now-theyre-back-and-bigger-than-ever-973d5d24

Today’s magic economy-ending words are “data centre asset-backed securities” :

Wall Street is once again creating and selling securities backed by everything—the more creative the better…Data-center bonds are backed by lease payments from companies that rent out computing capacity

I always liked “bleat” myself, with its slightly mocking overtones, but it never took off.

There’s a grand old tradition in enlightened skeptical nerd culture of hating on psychologists, because it’s all just so much bullshit and lousy statistics and unreproducible nonsense and all the rest, and…

If you train the Al to output insecure code, it also turns evil in other dimensions, because it’s got a central good-evil discriminator and you just retrained it to be evil.

…was it all just projection? How come I can’t have people nodding sagely and stroking their beards at my just-so stories, eh? How come it’s just shitty second rate sci-fi when I say it? Hmm? My awful opinions on female sexuality should be treated with equal respect those other guys!

A real ceo does everything. Delegation is for losers who can’t cope. Can’t move fast enough and break enough things if you’re constantly waiting for your lackeys to catch up.

If those numbers people were cleverer than the ceo, they’d be the ones in charge, and they aren’t. Checkmate. Do you even read Ayn Rand, bro?