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Galbraith quote on money and intelligence resurfaces amid economic concerns

A quote from J.K. Galbraith in 1987, stating that associating with large sums of money creates an illusion of intelligence, is being applied to the current state of the world economy. The sentiment suggests a critique of how financial dealings, particularly in the context of AI and technology, might be masking underlying economic instability. AI

IMPACT This item offers a critical perspective on the intersection of finance and perceived intelligence, relevant to understanding the discourse around AI's economic impact.

RANK_REASON The cluster consists of a single item which is an opinion piece referencing a quote from a known author.

Read on Mastodon — fosstodon.org →

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Galbraith quote on money and intelligence resurfaces amid economic concerns

COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    "Nothing so gives the illusion of intelligence as personal association with large sums of money" JK Galbraith wrote this in 1987, but this might as well be carv

    "Nothing so gives the illusion of intelligence as personal association with large sums of money" JK Galbraith wrote this in 1987, but this might as well be carved on the epitaph of our soon-to-implode world economy. https://www. theatlantic.com/past/docs/issu es/87jan/parallel.ht…