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2024-05-03 12:17:40

Reg "raganwald" Braithwaite on Nostr: In a post-truth market, all stocks are meme stocks. Stocks are not bets on ...

In a post-truth market, all stocks are meme stocks. Stocks are not bets on fundamentals growing, stocks are bets on which companies capture attention in an influencer and misinformation-saturated media landscape.

Behind the scenes, a toothless SEC watches as AI bot farms and human fellow travellers orchestrate disinformation campaigns. Everything is faster: Pump and dump schemes happen in minutes and hours, not days, weeks, or months.

Conservative populism has eaten the world.
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