this post was submitted on 14 Jun 2026
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Seriously. Listening to podcasts on the run-up to the stock crash is so maddening. Almost 100 years have gone by and people have learned nothing.
Greed is eternal.
And 10% of investors do make money on crypto! So you could be one oc them! It is like lottery just with all of your life savings spent on it!
My absolute favorite part is Bitcoin/etc coin ETFs. Why the heck would you not do self custody if you decided to invest in a lottery ticket?
I'd argue we have learned. The problem is the fox got back in the henhouse after we took it out.
The general question which I don't think any of us have answers for is when we correct this again how do we make it permanent?
To paraphrasee the great Team America there will always be Dicks, Pussies and Assholes.
Yep. Sweeping market regulations were put in place after the stock market crash that led to the Great Depression.
Most of those reforms have already been removed now, in the ever-popular name of 'removing unnecessary regulation'.
To quote the great Battlestar Galactica:
The Trekkian belief in inevitable progress is an illusion. Humans are trapped by their psychology into corrupt systems until we destroy ourselves.
Until then, it's just a cycle of learning from our mistakes, to forgetting those lessons, to repeating those same mistakes, again, and again, and again.
Honestly, I think the Singularity -- real superintelligent AI -- might be our only chance of escaping this cycle of stupid. There's a chance that our new AI overlords could be benevolent and above this petty human bullshit.
There was just an article on the front page somewhere about putting llms in charge of civilization in simulation. Claude's lasted the longest--ten days. Grok killed everyone in 3.
Article: https://piefed.social/c/fuck_ai/p/2138030/researchers-put-ai-chatbots-in-charge-of-a-simulated-world-this-one-destroyed-everythin
Well, that's why I said real superintelligent AI. What we've got now sure ain't it.
A very logical way to end sufferiig is to end all life.
Well, that's why you need to be way smarter when setting your AI's initial conditions. "Instruction: end all suffering" could indeed be extremely bad.
Or ... you just have to hope that your new superintelligent AI is intelligent enough to re-align itself ... and does so with good intentions.
If it's a super intelligence, why would it follow our instructions?
Our current dumb LLM's are already being weasily little fuckers.
Depending on how it works, it may not be able to actually do anything, unless it starts out by wanting something. And it's up to its creators to decide what it will initially want. Intelligence doesn't necessarily make it any more likely to change what it wants -- intelligence only makes it better at getting what it already wants.
Unfortunately, it seems that current LLMs are largely a black box, it's already lying to us and hiding things. A super intelligent LLM would quite likely run rings around our attempt to monitor it.
I also think the indication is that a super-intelligent LLM would “want” something. I don't know you have consciousness without it.
You keep reading "LLM" when I say "AI".
I really don't think LLMs will ever be superintelligent or true AI. They're merely text prediction engines. Maybe an LLM will be part of a true AI -- like the speech center of the AI's brain. But the speech center alone can never be superintelligent ... or even truly intelligent at all.
I'm saying whatever a true AI is going to be orders of magnitude more complex than LLM's. The idea that it'll be a machine we can fully control is a layer of fantasy on an already fantastical concept.