It’s the end of the world – and I don’t feel fine

The Dow Jones Industrial Average and the S&P 500 have seen significant gains in recent years, largely driven by the wealth and influence of a small group of billionaires and trillionaires. This concentration of power and wealth has led to concerns about the impact on democracy and the potential for catastrophic outcomes. The idea of a human-extinction event, such as a rogue AI revolution or runaway climate change, is a worst-case scenario that highlights the risks associated with unchecked capitalism and the pursuit of profit over people.

Why it matters

The article suggests that unchecked capitalism could lead to catastrophic consequences, which may prompt a shift towards social reform. This could lead to increased government regulation and oversight of wealthy individuals and corporations, potentially

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to South China Morning Post. For information only — not financial advice.