kaddynator

AI and Stock

[Jack @jackcoder0]

Two economists just published a mathematical proof that AI will destroy the economy.

Not might. Not could. Will — if nothing changes.

The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."

An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.

Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.

The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.

No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.

Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.

Source: Falk & Tsoukalas · Wharton School + Boston University ·

[News18 @CNNnews18]

A wave of tech layoffs in the U.S. is hitting Indian H1B visa holders hard, with many facing a 60-day deadline to find new jobs or risk losing their right to stay

@nabilajamal_ shares more details

#US #Layoffs #H1BVISA #Jobs #BrassTacks

[unusual_whales @unusual_whales]

BREAKING: Foreclosure filings jump to six-year high as rising property taxes, insurance costs and debt strain U.S. homeowners, per WSJ

[kaddynator @kaddynator]

@FoxNews https://t.co/0LjsUhf7VP

[kaddynator @kaddynator]

@narendramodi @narendramodi you are dick sucking monster. You never came to TN until now until your realized votes in south.

Please dont talk about central benefits that is applied to every indian. For your kind information, you need to focus on Tamil Nadu benefits.

[kaddynator @kaddynator]

@ViralPosts5 https://t.co/0LjsUhf7VP

[kaddynator @kaddynator]

@narendramodi @narendramodi you are dick sucking monster. You never came to TN until now until your realized votes in south.

Please dont talk about central benefits that is applied to every indian. For your kind information, you need to focus on Tamil Nadu benefits.

[kaddynator @kaddynator]

@narendramodi @narendramodi you are dick sucking monster. You never came to TN until now until your realized votes in south.

Please dont talk about central benefits that is applied to every indian. For your kind information, you need to focus on Tamil Nadu benefits.

[Lord Immy Kant @KantInEastt]

Intel stock investors after holding it up for 26 years

[Claude @claudeai]

Now in research preview: routines in Claude Code.

Configure a routine once (a prompt, a repo, and your connectors), and it can run on a schedule, from an API call, or in response to an event.

Routines run on our web infrastructure, so you don't have to keep your laptop open.

[unusual_whales @unusual_whales]

BREAKING: The SEC will scrap the $25,000 balance to engage in day trading, per FINRA

[Mr. Jason💡 @jason_coder0]

🚨 BREAKING: Claude can now write & design a full book in 48 hours.

Here are 9 prompts that turn beginners into published authors in 10 days.

Bookmark this before it’s everywhere 🔖

[Addy Osmani @addyosmani]

Introducing the Google Workspace CLI: https://t.co/8yWtbxiVPp - built for humans and agents.

Google Drive, Gmail, Calendar, and every Workspace API. 40+ agent skills included.

[FSMN @faststocknewss]

GOOGLE GEMINI BOUGHT $TSLA

[kaddynator @kaddynator]

@guidorosso @rocklet_ Interested 🚀

[Jason Luongo @JasonL_Capital]

BREAKING: AI can now analyze options trades like a $500/hr options strategist (for free)

Here are 10 Claude prompts I use to sell puts, buy LEAPs, and run the wheel without second-guessing every trade

(Save this for later)

[Ash Crypto @AshCrypto]

🚨 ₩1,000,000,000,000,000 has been wiped out from the South Korean stock market in the last 48 hours.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇰🇷 South Korean stock market halted after 8% crash, triggering circuit breaker.

[TechCrunch @TechCrunch]

MyFitnessPal has acquired Cal AI, the viral calorie app built by teens https://t.co/HrbJueyI4W

[TheLAPurchaser @TheLAPurchaser]

Memory comparison for dummies

$MU $SNDK $WDC $STX

[kaddynator @kaddynator]

Karpathy just released microgpt — 200 lines of Python that train a full GPT model from scratch.

No dependencies. A decade of simplifying LLMs — now you can read it in one sitting.

That's transparency. 📜

#AI #MachineLearning #Karpathy

[kaddynator @kaddynator]

@AnmolShips @browser_use Planning to open source this?