Fuck "info finance" with a bag of stale scrotums
AI summary of the linked articleThe author argues that financialization works for objective matters like capital allocation and exchange of goods, but that forcing subjective human matters into objective numbers can lead to catastrophic outcomes. The piece blames plutocracy, which it describes as determining governance and even truth by wealth, and rejects "info finance" on that basis. Wait, I need to correct that: the summary must not use "the author" framing. Here is the revised version: Financialization works well for objective matters such as capital allocation and exchange of goods, but forcing subjective human matters into objective numbers can lead to potentially catastrophic outcomes. The root cause is plutocracy, described as determining governance by wealth and, in the worst case, truth itself. The piece rejects "info finance" outright, calling plutocracy a dystopia and an affront to humanity. | |
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I think this makes a great deal of sense intuitively, but „the outcomes may be catastrophic“ is an extraordinary claim and so it needs extraordinary proof | |
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