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Comment Re:You aren't gambling on the stock market (Score 2) 37

You get paid based on the relative value of the company.

Oh please, the peddlers get paid based on the credibility of the bullshit a peddler can project to make money transfer from the marks to the management.

Nothing in the most highly valued companies in the world is even remotely related to their "value", and the fact that a comment can wipe a medium nation's GDP in a minute shows this ain't real value by any known definition.

Neither value in use, nor value in exchange, to use the proper leftist vocabulary ;)

Comment Re:Yet gambling on the stock market is just fine (Score 2) 37

I don't know if it was ever a "net positive", but even assuming it was, that's long gone. Now it is a complex machine tuned to massively siphon wealth off the masses into the hands of insiders and nothing more.

The most recent case, just from the oven:

https://newrepublic.com/post/2...

Comment Well, AI (Score 1, Troll) 91

A few hundred or so people without real understanding of the shit, but control of the government money that props the "shareholder value" want to live forever and that the "AI" will let them, so they're completely willing to thrash the Earth for that.

Plus, the biggest moron among them believes he will get to live it out on Mars.

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