We tend to think that markets reflect consumer choice. But the artificial-intelligence boom has been powered by the investment decisions of concentrated capital rather than by consumer demand.
  • phutatorius@lemmy.zipEnglish
    1·
    1 month ago

    I think the idea of decentralized finance was to normalize company scrip again.

    It also makes regulatory scrutiny even harder, enabling many traditional methods of fuckery which have been made illegal in other contexts.