Those who win the casino game will do well, and serve as poster material. Survivorship bias is at an all time high.
The less fortunate, even those who work hard, will suffer. This will only get worse with AI.
The other day I read that Americans have a lottery jackpot in the BILLIONS of dollars.
I’m not sure how to really put to words what I feel about that. Something is very, very wrong there.
It’s just breathtakingly screwed up. And even the “well actually it’s more like $900 million” speaks volumes. That doesn’t actually change a thing.
Those who win the casino game will do well, and serve as poster material. Survivorship bias is at an all time high.
The less fortunate, even those who work hard, will suffer. This will only get worse with AI.