3/14/17

Wall Street traders

This one's a hoot:

"Much of America is not going to weep for the types of people depicted in The Wolf of Wall Street, yet this new AI reality could be devastating in many ways. Imagine the impact on high-end real estate in New York. Think of the “For Sale” signs on summer beach homes in Southampton. How will luxury retailers survive the likely dip in sales of $2,000 suits and $5,900-per-pound white truffles? Maybe Donald Trump will be driven to demand that somebody bring back traders’ jobs, thinking they’ve moved to Mexico."

Artificial Intelligence transforms Wall Street

It wouldn't bother me if they all ended up in line for food stamps.

Remember how they screwed us all back in 2008/2009?