In a post-truth market, all stocks are meme stocks. Stocks are not bets on fundamentals growing, stocks are bets on which companies capture attention in an influencer and misinformation-saturated media landscape.
Behind the scenes, a toothless SEC watches as AI bot farms and human fellow travellers orchestrate disinformation campaigns. Everything is faster: Pump and dump schemes happen in minutes and hours, not days, weeks, or months.
Add comment