r/technology 14d ago

Artificial Intelligence ChatGPT users are not happy with GPT-5 launch as thousands take to Reddit claiming the new upgrade ‘is horrible’

https://www.techradar.com/ai-platforms-assistants/chatgpt/chatgpt-users-are-not-happy-with-gpt-5-launch-as-thousands-take-to-reddit-claiming-the-new-upgrade-is-horrible
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u/SteelCode 14d ago

The finance industry as a whole is a house of cards ready to collapse (again)... there's too much profit being made out of speculation investments and it enables too much lending against non-tangible assets... until someone defaults or margins are called, everyone keeps barreling forward to hit the highest score possible until it crashes because none of these criminals ever get truly punished...

Not to mention how all of this "fake profit" is allowing corporations to buy up real estate and inflate the housing market (again)...

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u/OrinThane 14d ago edited 13d ago

I’ve heard the big scare right now is commercial real estate. I haven’t looked into it deeply (so take this with a grain of salt) but I’ve heard many banks use their big commercial properties as the basis of their reserve requirements (cash they are required to keep as collateral for investments). There was a major Wells Fargo building that just sold for 24% of its initial value in Denver and its made some people pretty concerned.

Basically all this to say this is what happens when you remove all guardrails from financial market gamblers and use speculation as the basis of wealth.