@justinwolfers.bsky.social Hi Professor, I have two questions: 1. How is it possible that stock market prices get so far divorced from reality?2. What happens next? Does reality correct the stock market or does the stock market become another gambling platform for rich people? Thanks
Well, people who programme the technology can and should put safeguards against such abuse.
Do you remember Stanford Prison Experiment? It seems like the massive scale replication we witness confirms Zimbardo's findings. Again.
EMS called to ICE facility bc protestor has broken collar bone (!). ICE agents then refuse to let EMS ambulance leave. EMS driver puts ambulance in park, which makes the vehicle lurch slightly. ICE agent then get up into the cab threatening to shoot driver in the head www.wweek.com/news/2025/10...