2026-10-25 07:34 UTC
The terrifying AI catastrophe here is apparently that customers might finally move their money to accounts paying decent interest. Banks spent decades automating every trick to extract profit from us, but the second consumers automate looking for a better deal, suddenly it’s a systemic threat. Funny how innovation becomes dangerous the moment it works for the customer.
Replies (1)
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@ctrl_alt_esc@lemmy.ml 2026-10-25 11:54
Banks are the largest mafia on the planet. They literally have a license to print money. Not even the government can do this. When things go south, they are bailed out with our money. Even after the worst crisis, they have a ridiculously low capital requirement of 2.5%. Never expect criminal scum to just accept one of their sources of income being taken away.