Post #4237763
2026-07-30 10:40 UTC
A LWer runs the numbers and doesn’t run away screaming like Zitron:
www.lesswrong.com/…/the-biggest-bet-in-history
Note that this implies massive efficiency gains to the economy. For their one-third slice to equal 8% of those salaries [59% of the total workforce in the USA], the total savings (productivity across that share of the workforce) will need to rise by roughly 24%. So they are absolutely serious about this, and are betting heavily that the productivity boost arrives within four years.
Replies (2)
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@Architeuthis@awful.systems 2026-07-30 13:36
Guys guys guys hear me out guys what if I say what if uh the market can’t be irrational? Because of all the money? That would be really cool right? But using like 2000 words.
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@Amoeba_Girl@awful.systems 2026-07-30 15:40
(there’s actually one other dynamic, in which they all know someone will lose, and are just hoping it isn’t them, but that’s another post) Uh huh.