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#financeindustry

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Thor A. Hopland<p>If you follow <a href="https://snabelen.no/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> for some time now, you've heard of the giant ship of Theseus, built like a house of cards that is <a href="https://snabelen.no/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> infrastructure. <a href="https://snabelen.no/tags/COBOL" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>COBOL</span></a> is also still the go-to for the <a href="https://snabelen.no/tags/FinanceIndustry" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinanceIndustry</span></a>.</p><p>Two things can be wrong at the same time tho:</p><p>COBOL does need replacing and there should be an actual public-ptivate partnership to replace it, but you shouldn't "move fast and break" people's lives.</p><p><a href="https://snabelen.no/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElonMusk</span></a> Secretly Working to Rewrite the <a href="https://snabelen.no/tags/SocialSecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SocialSecurity</span></a> Codebase Using <a href="https://snabelen.no/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AI</span></a><br><a href="https://futurism.com/elon-musk-rewriting-social-security-code-ai" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">futurism.com/elon-musk-rewriti</span><span class="invisible">ng-social-security-code-ai</span></a></p>
Thor A. Hopland<p>So let me piss you off.</p><p>We can't nor should we blame the <a href="https://snabelen.no/tags/elites" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elites</span></a> or the <a href="https://snabelen.no/tags/oligarchy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>oligarchy</span></a> for how things are.</p><p>Why? </p><p>Because we need to blame the systems. <a href="https://snabelen.no/tags/Capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalism</span></a>, <a href="https://snabelen.no/tags/speculativetrading" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>speculativetrading</span></a> (i.e <a href="https://snabelen.no/tags/gambling" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>gambling</span></a>), the <a href="https://snabelen.no/tags/financeindustry" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>financeindustry</span></a>, etc.</p><p>The systems put in place are at fault and need to be replaced or ripped down. </p><p>Take your pick.</p>
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