It doesn't seem like we learn our lessons. There's a meltdown of some sort. Congress enacts some kind of oversight. Things calm down. People (usually in large financial corporations) complain that everything is fine, we should get rid of that burdensome oversight so we can make more money... And we're off on another adventure in financial malfeasance. Given the current administration, we're due for another blowup in a few years.
Exactly. When you look at history, it's sort of amazing how we do the same thing over and over but just differently enough to set up the next disaster. AI seems like the obvious next big place for things to crash but it could be something else…
It doesn't seem like we learn our lessons. There's a meltdown of some sort. Congress enacts some kind of oversight. Things calm down. People (usually in large financial corporations) complain that everything is fine, we should get rid of that burdensome oversight so we can make more money... And we're off on another adventure in financial malfeasance. Given the current administration, we're due for another blowup in a few years.
Exactly. When you look at history, it's sort of amazing how we do the same thing over and over but just differently enough to set up the next disaster. AI seems like the obvious next big place for things to crash but it could be something else…
I think it was Mark Twain who said history doesn’t repeat itself but it does rhyme. ;-)