Garry Gensler told the Financial Times that AI could cause a financial crash as soon as the late 2020s or early 2030s.

It is ‘nearly unavoidable’ that AI will cause a financial crash within a decade, SEC head says::undefined

@seaQueue@lemmy.world
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Sorry, the best we can do is a small marginal tax increase on income over $1M and a 50¢ bump to the minimum wage.

Better spread out that wage increase over a reasonable period of time, like 10-25 years. Wouldn’t want to burden the precious job creators out there.

/s

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