Yes, Virginia, AI, like older forms of automated trading, has a nasty propensity to cause crises.
Recent Items
Saturday, July 5, 2025
AI Financial Crises
Topics: Derivatives, Free markets and their discontents, Guest Post, Investment management, Investment outlook, Regulations and regulators, Risk and risk management, Technology and innovation
Posted by Yves Smith at 3:04 am | 13 Comments »
2:00PM Water Cooler 7/25/2024
~ Today’s Water Cooler: politics, syndemics; Biden’s post-defenestration speech. litmus tests for Kamala (Palestine, anti-trust); Kamala’s campaign, includiing the donor-gasm, the 100 days, and the bait and switch; trad wives; employee ownership ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 118 Comments »
Suicide Squad: U.S. Troops Are Losing a War with Their Deadliest Enemy
Suicide is the leading cause of death for active duty and recently soldiers. The most likely contributor is not what you might suspect.
Topics: Doomsday scenarios, Guest Post, Health care, Risk and risk management
Posted by Yves Smith at 10:17 am | 62 Comments »
Links 7/25/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 152 Comments »
‘Guilty of Genocide’: 135 Congress Members Boycott Netanyahu’s Speech to Congress
The US Congress stands shoulder to shoulder with war criminal Netanyahu, even with more dissent than ever.
Topics: Banana republic, Doomsday scenarios, Legal, Middle East, Politics, Social values
Posted by Yves Smith at 6:46 am | 71 Comments »
Net-Zero Ambitions Hit Major Roadblocks in Europe, UK, and US
The projected failure to meet insufficiently ambitious climate change goals like net zero should come as no surprise.
Topics: Doomsday scenarios, Environment, Europe, Free markets and their discontents, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 6:18 am | 13 Comments »
More Poverty for the Poor
The position of both poor nations and the poorest income groups globally has been deteriorating.
Topics: Africa, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity
Posted by Yves Smith at 6:09 am | 7 Comments »
2:00PM Water Cooler 7/24/2024
~ Today’s Water Cooler: Politics, syndemics; impeachment articles against Harris (frivolous); how Harris grabbed Biden’s war chest; only Google can search Reddit; the wheel of emotions. ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 140 Comments »
The Global Semiconductor Talent Crunch: How Protectionism Backfired
Oopsie! US semiconductor protectionism looks to have reduced the size of the pool of needed workers and experts.
Topics: Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 10:07 am | 43 Comments »
Links 7/24/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 144 Comments »
More Guns, Less Butter: How Will the EU Wed Austerity to Militarization?
Will Euro defense bonds be the answer?
Topics: Doomsday scenarios, Europe, Politics, Russia, Social policy, Social values, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 39 Comments »
Pitchbook Report Attempting to Defend Private Equity Role in Healthcare Suffers from Fundamental, Fatal Analytical Flaw
A recent report from Pitchbook commits data crimes in attempting to depict private equity management of healthcare companies as benign.
Topics: Dubious statistics, Free markets and their discontents, Guest Post, Health care, Politics, Private equity, Regulations and regulators
Posted by Yves Smith at 5:59 am | 19 Comments »
‘Woah!’: FTC Applauded for Launching Inquiry Into Surveillance Pricing
The FTC targets surveillance pricing, which is privacy-risking data harvesting used to charge higher prices.
Topics: Dubious statistics, Free markets and their discontents, Guest Post, Legal, Politics, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 5:29 am | 14 Comments »
2:00PM Water Cooler 7/23/2024
~ Today’s Water Cooler: Politics, syndemics; Pelosi and the Twenty Fifth Amendment; Kamala’s rollout; establishment voices at the Atlantic; Boeing cluster continues ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 109 Comments »
US Voters Want Change, Biden’s Exit Hasn’t Fixed That
Communities ravaged by neoliberal capitalism want real change. Candidates like Biden make Trump look more able to deliver it.
Topics: Banana republic, Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 10:22 am | 140 Comments »