fludlight
Joined 17 years ago
Joined 17 years ago
Isolation leads to paranoia.
Dick was a dick even for a big swinging dick on Wall Street and he spurned several last minute lifelines, so, at the time, people in the industry universally approved.
A fast, dramatic demise of a massive company leaves scars. Almost 15 years on, former Lehman lifers are still salty about what happened. Perceived mismanagement ("They squandered it!") and regulatory failure ("They bailed out our competitors but not us!").
The former are similar to the feelings of older engineers who worked at IBM, Intel, Palm, Yahoo, Nokia, etc during their heyday.
You do not want the government, which is supervised by politicians, picking who gets loans.
- "Draft a class action complaint in {venue} against {bank} for using AI to robo*-approve loans. Repeat 10 times."
- "Pretend you are a {group} journalist. Write {x} words in {style} about {aspect} of robo loan approvals. Repeat 1k times."
- "Pretend you are a {party} politician. Angrily and dramatically complain about the other side oppressing {group} wrt robo loan approvals. Dress it up with {x}% lies. Repeat 100k times."
- "Pretend you are a {group} social media user. Write {x} words in {style} about {aspect} of robo loan approvals. Repeat 100M times."
The only real, thoughtful work will be the lobbyists drafting the bills, everyone else will become performers or consumers or simply drowned out in the fog of fake discourse.
* "robo-signing" mortgages was a big legal & political issue ~10yo so the lawyers will probably retain the "robo-" prefix.
But humans have the capacity to be more...humane.
Also, major media outlets* are now doing bait and switch subscriptions. Does that make them high risk too?
*Bloomberg $2/mo->$35/mo after 3m
NYT $4/mo->$17/mo after 1yr
WAPO $4/mo->$10/mo after 1yr
Economist $25/qtr->$55/qtr after 1 qtr
Such as?