okay new rule for blog posts before you make large proclaiming posts about what will happen because of ai, you have to prove that you've had a beer with someone making less $200K (employees don't count) in the last month low bar, but many will fail
The chief economist at Apollo is warning that mass adoption of AI agents could trigger a bank run as they optimize user investments. Gary Gensler spent his last few years as SEC chair warning that the exact same problem will hit the markets: the pursuit of algorithmic perfection at scale destroys system stability. Personal-finance agents making simultaneous optimal decisions could potentially cause a massive flash crash. Agent acausal coordination, with no messages passed between them, will show up in a lot of places. Markets will get the big headlines, but huge numbers of clever advisors making very similar choices will impact all of human society. Capability gains make this worse, not better. The smarter the agents, the narrower the optimal path; and knowing that other agents see that exact same path lets them move together without talking to each other. Agents do not need to collude to act in unison. Thus, they break no human laws by doing so. Human laws were not written for this. They were not written for a lot of what is coming, and it is about to start happening very fast.

Last edited Sep 27, 2026 · 7:34 PM UTC

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Replying to @PaneerCap
This is what sf people don’t get. Most people don’t use AI and don’t see the point of it for personal agents. For a lot of people, it’s creating a solution to a problem that they don’t have
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Replying to @PaneerCap
like factory farmed animals....those people are invisible for the crowds that produces such takes :)
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Replying to @PaneerCap
the question is... can pigs fly?
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Replying to @PaneerCap
can this be different though? if linking your bank accounts to muse is part of the initial setup for multiple actual use cases, and one of the selling points is "also muse literally makes you free money while you sleep" then it's just whether zuck can achieve this or not
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Replying to @PaneerCap
same dude who said tech stocks were cooked because of higher rates and longer duration. the result: tech is the only sector holding up.
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Replying to @PaneerCap
Great point
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