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> This is commonly refered to as a market working as intended. Is it? Seems like market is unable to separate wheat from the chaff and is just throwing money a
by polygamous_bat 3y ago
> This is commonly refered to as a market working as intended.
Is it? Seems like market is unable to separate wheat from the chaff and is just throwing money around hoping to hit the jackpot. While AI has massive chance of affecting our lives, the investment market paints a pretty similar picture to what happened during the crypto boom.
- PeterStuer 3y agoOur inability to predict future success from failiure is exactly why we have (massively inefficient) markets outcompeting centralized planned approaches.
- manquer 3y agois it any different from evolution?