this post was submitted on 25 Oct 2026
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I wonder what they fear more: Their investments in AI getting worthless when the Butlerian Jihad starts or them getting hacked and crashed by AI agents.
Neither actually, according to the article. They are afraid the customers who let AI loose on their own accounts will withdraw too much deposits to invest so that the banks can't give out loans anymore. I wish I were making this up...
Why not fear both? It has gotten to the level where it doesn't live up to the investment levels and crashes, or it absolutely lives up to it and just trashes the economy in various ways.