Nobody in his or her right mind would support this. But that's exactly what the investment industry has done with the Internet. Anyone can open a brokerage account and start trading. No training, no minimum level of competence, and no license required. Yet most people think this is a good idea.
Nobody calls it absurd.
And best of all, you don't hear about the crashes. Rest assured, however, they're out there. Investment principles haven't changed in the past 100 years. Investment methods have changed, but the underlying, fundamental principles remain the same. Principles such as investing in high-quality companies, diversifying over different asset classes, performing your own fundamental analysis and due diligence, buying low and selling high, taking some money off the table when things are going well, and the list goes on and on.