this post was submitted on 30 May 2026
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Fuck AI

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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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[โ€“] mrodri89@lemmy.zip 4 points 12 hours ago (1 children)

Similiar to what happened in the roaring twenties if I read this History channel article correctly. But not exactly the same. Wild to read banks lend money to people to buy stocks back then. Do they still do that today?

They do, it's called margin trading, shorting, and options trading. Most private equity firms do it.