153
AI Experts Already Doomsday Prepping for When AI Takes Out the Entire Financial System: Start stocking up, folks! (futurism.com)
submitted 3 weeks ago by to c/technology@lemmy.world
69 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 3 points 3 weeks ago (1 child)

At a 2tr$ targeted valuation (yes that number is silly but it's also the IPO target) 1$mil is only a .05% equity stake and engineers usually get .1-.2%

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 1 point 3 weeks ago

    Only if they divest. Which they can't really do because it isn't actually clear that the shares will increase in value long-term in fact dive into shares would put a scare on the market.

    But that's not really my point, my point is if the AI completely collapses the financial system then by its definition a lot of money isn't really going to motivate people not as they truly believed money would become worthless.

  • permalink
  • fedilink
  • source
  • parent