The institutions have been doing a fine job of destroying all their credibility and utility all on their own for far longer than this new AI hype cycle.

ZIRP, Covid, Anti-nuclear power, immigration crisis across the west, debt enslavement of future generations to buy votes, socializing losses and privatizing gains... Nancy is a better investor than Warren.

I am not defending billionaires, the vast majority of them are grifting scum. But to put this at their feet is not the right level of analysis when the institutions themselves are actively working to undermine the populace for the benefit of those that are supposed to be stewards of said institutions.