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Banks Preparing for Aftermath of Unprecedented Catastrophe Caused by AI: "You can't stop it." (futurism.com)
submitted 4 days ago by to c/technology@lemmy.world
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[–] 27 points 3 days ago (9 children)

I'm fully convinced that AI will destroy our ability to process financial transactions through the internet. The digital economy is toast. We will be back to paying cash in person for everything.

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  • [–] 16 points 3 days ago (2 children)

    i think that may be an improvement.

    I did hate carrying change though. I'm never happy

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  • [–] 5 points 3 days ago

    Don't worry, inflation is making it so a single dollar will be practically useless soon. Literally nobody will give a fuck about coins. A homeless person would spit in your face if you gave him 50 cents, because it'd be that insulting. Coins will have a melt value significantly higher than their face value.

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  • [–] 6 points 3 days ago* (3 children)

    Impossible. The elite want to know where every penny you spend goes, and it's too hard with cash

    You're more likely to see credit cards only allowed through Google Pay or Apple Pay than going back to cash

    They'll claim it's having to support so many third party's in the chain causing the problem, so we need 2 "trusted" entities

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