By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 24/07/2026So long as enough bosses are convinced to fire workers and replace them with AI, AI valuation will continue to climb, and if they time the market right, they can get out before those valuations crash. 24/ 127629
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 24/07/2026This proposition gets even sweeter if the CEO of the AI company is in bed with financial regulators and stock exchanges, and can force your financial advisor to buy his worthless AI stock with "little people's" retirement savings: fortune.com/2026/06/13/s... 25/fortune.comYou can ignore AI giants like SpaceX, but your 401(k) won't | FortuneNasdaq changed its rules to allow some huge companies to join its Nasdaq 100 index after just 15 trading days. 229843
By Cory Doctorow (GPG 0xBF3D9110957E5F4C) @doctorow.pluralistic.net · 24/07/2026A bet that bosses will fire workers and replace them with AI is a *good* wager. Bosses are absolute suckers for this scam. 26/ 229918