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AI and Gambling: The Two Fastest Growing Sectors of the Economy

The Latest from Seton Motley | Less Government | LessGovernment.org
Know When to Fold ‘Em

I am a long-time, full-on bear when it comes to Artificial Intelligence (AI).  (“Bear” – as in Wall Street-esque bulls and bears.)

I loathe the short-term economic play – because it’s a titanic bubble waiting to burst.

I loathe the long-term humanity play – because the people designing it loathe humans.

I am also a long-term, full-on bear when it comes to the ever-increasing societal implementation of gambling.

I’m not talking business models and stock prices here.  On Wall Street, betting on betting – is a good bet.

I’m talking about the massive monetary – and non-monetary – damage gambling does to a people and their culture.

For the VAST majority of people?  Gambling is the economic Hail Mary pass they throw – when they’ve given up on getting ahead in any conventional way: (more…)

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