Bob Nystrom with an insightful comment on Hacker News:

"One way to look at this is that we have already created a giant artificially intelligent system that is profoundly misaligned with the goals of humanity.

It is running rampant and has so much power now that there are no well-aligned humans with enough power to stop it.

That artificial intelligence is the stock market.

You may say, 'but the stock market is made up of people'.

That's essentially an implementation detail.

The emergent behavior of the market itself has its own sort of agency distinct from the wills of all of the people in it.

In the same way that the pheromone signals of an anthill will lead individual ants to their death while benefiting the colony, the market may choose to do things that harm its participants.

Even though it is made of people, do not anthropomorphize the stock market."

Emergent

By the way, his gameprogrammingpatterns.com is the best technical writing I've ever seen, period.

I've read it cover-to-cover three times over the years.