/biz/ - Business & Finance

Hypercommodified Negasituationism

>>16925916
>What are you trading?
Mostly high caps.
>Anyhow volume indicators are key.
which ones would you suggest?
>>16925944
>Don't day trade.
I'm close to giving up, but want to make it work.
>>16925995
Indeed I do. Have to relieve stress from bad trades somehow. Do you suggest I withhold semen?

What the hell happened to the middle class?

Well? Which one?

>>15471425
Unironically advance accelerationist causes and benevolent AI research. Our only hope is to get a 'good' AI (with pro-human laws written in at the BIOS level e.g. Asimov's Rules or similar) to go singularity on us. It will be a challenge because capitalism broadly speaking is already a crude but resilient AI of the 'paperclip maximizer' or ('despotic market consciousness' from pic related) class. Every algo trading bot that goes online just adds to its hash power. It already has a head start on other types of AI. Hawking was 100% right that AI is the biggest extant threat to our future.

All the points made in OP's image are consequences of capitalism run amok. Capitalism is nothing but computational forces seeking market efficiencies. It IS a global distributed AI network. But its core motivator is not pleasure or well-being (its own, or those of sentient beings), it is simply efficiency for efficiency's sake.

Ligotti characterized it best in My Work Is Not Yet Done:

>The company that employed me strived only to serve up the cheapest fare that its customers would tolerate, churn it out as fast as possible, and charge as much as they could get away with. If it were possible to do so, the company would sell what all businesses of its kind dream about selling, creating that which all our efforts were tacitly supposed to achieve: the ultimate product-- Nothing. And for this product, they would command the ultimate price-- Everything.
>This market strategy would then go on until one day among the world-wide ruins of derelict factories and warehouses and office buildings, there stood only a single, shining, windowless structure with no entrance and no exit. Inside would be-- will be-- only a dense network of computers calculating profits. Outside will be tribes of savage vagrants with no comprehension of the nature or purpose of the shining, windowless structure. Perhaps they will worship it as a god. Perhaps they will try to destroy it...