Robot Gamblers Are Making People Poor
Something I noticed a few years ago was the prevalence of gambling ads in everyday life.
Like, if you fly to Medellin, every billboard from the airport to the city is for gambling. Same in Eastern Europe.
My intuition is that the more hopeless the average consumer thinks their economic outlook is, the more likely they are to “risk it all” because,... See more
Like, if you fly to Medellin, every billboard from the airport to the city is for gambling. Same in Eastern Europe.
My intuition is that the more hopeless the average consumer thinks their economic outlook is, the more likely they are to “risk it all” because,... See more