this post was submitted on 25 Oct 2026
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363
Banks Preparing for Aftermath of Unprecedented Catastrophe Caused by AI: "You can't stop it." (futurism.com)
submitted 1 day ago by eicker@lemmy.world to c/technology@lemmy.world
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[–] ChonkyOwlbear@lemmy.world 24 points 18 hours ago (4 children)

I'm fully convinced that AI will destroy our ability to process financial transactions through the internet. The digital economy is toast. We will be back to paying cash in person for everything.

[–] njordomir@lemmy.world 8 points 12 hours ago

That would be a godsend. We can only hope.

[–] Mulligrubs@lemmy.world 14 points 16 hours ago (1 children)

i think that may be an improvement.

I did hate carrying change though. I'm never happy

[–] JasonDJ@lemmy.zip 4 points 15 hours ago

Don't worry, inflation is making it so a single dollar will be practically useless soon. Literally nobody will give a fuck about coins. A homeless person would spit in your face if you gave him 50 cents, because it'd be that insulting. Coins will have a melt value significantly higher than their face value.

[–] ozymandias117@lemmy.world 5 points 15 hours ago* (last edited 15 hours ago) (2 children)

Impossible. The elite want to know where every penny you spend goes, and it's too hard with cash

You're more likely to see credit cards only allowed through Google Pay or Apple Pay than going back to cash

They'll claim it's having to support so many third party's in the chain causing the problem, so we need 2 "trusted" entities

[–] Formfiller@lemmy.world 2 points 3 hours ago* (last edited 3 hours ago)

Parasite class please. “Elite” they are not. Words matter

[–] ChonkyOwlbear@lemmy.world 1 points 14 hours ago (1 children)

I don't think that's what the elites intend. I think their arrogance will lead them to think they can control something they don't understand and that will bite us all in the ass

[–] Formfiller@lemmy.world 2 points 3 hours ago* (last edited 3 hours ago)

Please don’t call them “elite”. They are the Parasite class. Words matter

[–] kestrel7_7@lemmy.world 3 points 16 hours ago

Hell yeah. Bring it on