What can go wrong? Little reckless IPOs never killed anybody and never tanked world economy not even once… or twice… or thrice… or… oh well… how the fuck is this legal again?
The IPOs don’t concern me so much as the total amount of our economy AI has tied up. AI investments account for the majority of stock gains and almost all 2025 GDP gains. The Buffett Index, total stock valuation vs. GDP, stood at 225% last year. It was around 130% in 1929 and 2008.
No, this doesn’t feel legal and shouldn’t be in any case.
Allowing money to be equated with speech is both deeply unethical, as well as being just absolutely fucking stupid.
Furthermore, refusing to restrict any speech whatsoever is both wildly impractical and totally bonkers levels of dangerous. Because according to your pithy little “absolute”, yelling fire in a crowded theater has to be allowed.
Geez, dude, go step outside and breathe the fresh air or something. My god…
What can go wrong? Little reckless IPOs never killed anybody and never tanked world economy not even once… or twice… or thrice… or… oh well… how the fuck is this legal again?
The IPOs don’t concern me so much as the total amount of our economy AI has tied up. AI investments account for the majority of stock gains and almost all 2025 GDP gains. The Buffett Index, total stock valuation vs. GDP, stood at 225% last year. It was around 130% in 1929 and 2008.
No, this doesn’t feel legal and shouldn’t be in any case.
sounds like someone is gaming the economy
Yeah, there’s (AI) agents on stock portfolios doing that and then there’s the usual suspects.
but no recourse whatsoever
the world economy is not any countries responsibility, and money is speech and any restriction of speech is unethical.
that’s some mad take
Copyright is a restriction on speech. So are libel laws. Are those unethical? I’m on the fence about copyright myself.
libel depends on omnicents in order to not falsely charge people with it.
edit: if you wanted a good example of speech that is more justifiably censored look to revenge porn and child porn laws
Allowing money to be equated with speech is both deeply unethical, as well as being just absolutely fucking stupid.
Furthermore, refusing to restrict any speech whatsoever is both wildly impractical and totally bonkers levels of dangerous. Because according to your pithy little “absolute”, yelling fire in a crowded theater has to be allowed.
Geez, dude, go step outside and breathe the fresh air or something. My god…