AOC and Bernie Sanders are trying to pass laws to prevent bailout of AI.
We physically cannot bail them out, but it is highly preferable that we not die trying
Bailouts in general right??
Should pass right after the 1% get there’s ensuring no one else can succeed after them
The democratic House resolution is basically an opinion letter. It’s no different than when they pass a resolution declaring that Christmas is a special time of year.
Dude, it’s 500 BILLION, you’re off by 3 orders of magnitude
Technically I’m off by 1 letter of magnitude though.
Please let them fucking die
US is already 40Trillion in debt what’s a few more zeros
Given the high bond yield the US now has, this seems like a great idea!
…and the AmeriKans continue to tell the world how much they despise SOCIALISM. Go pee in the wind.
Profits are privatized, losses are socialized.
Looking closely at it, it is a system that brilliantly combines the disadvantages of capitalism and socialism.
The difference between AI and The Auto Bailouts is the auto bailouts actually required repayment, and was to protect real jobs and real industrial knowledge.
This AI bubble won’t be able to bailed out, it’s not real, it’s not jobs, it’s nothing but fake numbers, there’s no chance they can ever repay anything and the knowledge is already mostly public and can be recreated without wasting billions more to forward the tech.
And if they do bail them out… It means money actually means nothing and Americans should just burn down their government.
I mean they should anyway, but point.
500 million? we can do better
Oh if the orange turd is still in power he’ll “bail” them out no questions asked
And they will be granted, because it’s the only thing holding up the illusion that is the economy right now
I feel like people don’t know that there are massive AI companies and labs outside the US just chugging along.
Get back to us in a few months.
What I fear is that Trump will declare a “state of emergency” to try and save “SI”, and then try to invoke a martial law or similar to get the will of the AI vendors come true.
And get it
Of course they are but what will be saving? A bunch of complex human guided plagiarism machines that they use to hack others while claiming it is doing it on its own?
Cushy board positions for members of the orange mafia?
Capitalize profits
Socialize losses
When things are going great, give everything to the rich … when things eventually go badly, let the poor pay for everything. Why would the world want to hurt or take away the rich man’s wealth?
