While social media is polarising, evidence suggests AI may nudge people towards the centre.
This holds true of all studied models. Grok is more right-leaning than other models, but also has depolarising effects.
By @jburnmurdoch.
@sanguinetales You have to first understand that people who call others “conspiracy theorists” are the lowest form of life, literally bacteria. Filth on the bottom of one’s shoe.
The million dollar question:
What is happening crypto right now?
Crypto markets have now officially erased over -$1 TRILLION of market cap since October 6th.
But why?
The answer to this question seems to be more technical than fundamental.
That is, crypto adoption is still at record highs, de-regulation is in full swing, and technology is advancing rapidly.
However, leverage is at unprecedented levels which is amplifying moves in the market, such as the $20B liquidation seen on October 10th.
As a result, when uncertainty arises or technical momentum fades, downward swings are amplified.
300,000 traders are being liquidated PER DAY on average and the market has evolved into its most reactive form in history amid Trump posts and headlines.
The long-term thesis is stronger than ever, but the short-term picture points to larger swings in both directions.
Leverage is a wild "drug."