If you thought the 2008 bank bailout was bad, wait til you see the 2026 AI bailout

Tell your congress person — today — that you don’t want your taxes used to bail out overhyping and economically shaky AI companies that spend far more than they earn. Workers, already feeling the knife from layoffs, should not be footing the bill.

Get ahead of this before the too-big-to-fail bullshit becomes too-late-to-stop.

    • Joe@lemmy.world
      51·
      6 days ago

      It’s not just the Americans who buys US bonds. A bond in itself could become worthless if the bondholder cannot honour it’s value, which is already becoming more likely…

  • brucethemoose@lemmy.world
    51·
    6 days ago

    Article is probably, unfortunately, spot on. But the senator’s Tweet at the end is not.

    The Nvidia CEO said China’s going to win the ‘AI race’ because Chinese devs are clear headed: AI is a tool to them. It performs niche functions, like any good programming construct; none of that existential human analogue future AGI bull. It’s why models a fraction of the size of US ones are doing so well at actual productive things, and Jensen’s clear headed enough to see that too, but the US is so drunk on Kool-Aid we can’t even get the message.