Any reasonable person knew that? What…?

Sorry to be a downer, but this is quite old news (happened about two weeks ago). The market has more or less recovered.

This stupid article is about ideology, not about artificial intelligence :

But as socialists, we understand that capitalism is actually the enemy of innovation and efficiency.

it is no better than the stupid idea of throwing $500 billion dollar in an american “Stargate” A.I. scam.