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Ask HN: Is the stock market the AI paper clip machine?
- yasp 8y agono?
- baxtr 8y agoReminds me of Betteridge’s law... https://en.wikipedia.org/wiki/Betteridge%27s_law_of_headlines https://en.wikipedia.org/wiki/Betteridge%27s_law_of_headline...
- sharemywin 8y agoobviously not literally. If jobs are paper clips. If the goal of the stock market is to maximize corporate profits. The best way to do that is through automation. Both, physical and mental. Doesn't that create a machine that controls most of the wealth and eliminates a need for humans.
- bulatb 8y agoNot just the stock market. Money is a measure that became a target, with the usual results. Goodhart's law is always in effect.
- SirLJ 8y agoHow AI Could Destroy The Universe… With Paperclips: https://hackernoon.com/how-ai-could-destroy-the-universe-with-paperclips-a5b19901056e https://hackernoon.com/how-ai-could-destroy-the-universe-wit...