It creates a lot of value though. You may not see it but it exists. People so easily forget what you he financial systems looked like historically. Everything from having fluid loans of all type that don’t discriminate, to ipos, it’s easy to sell a business or to buy one. If I am buying stock it’s never been easier and modern spreads are some of the lowest in history.
While I welcome the places where it is bringing value, I’m more worried about all the places it’s being shoehorned in that are a waste of money, fueling the bubble. The blast radius is going to be spectacular.
That is just absurd. You are stuck in your head if you genuinely think that is true. Reminds me of some of the “10x engineers” I have worked with in the past that were so arrogant they ignored reality.
