| ▲ | SpicyLemonZest an hour ago | |||||||
I guess I'm not sure why you'd expect it to be any different than the dotcom bubble, when this didn't really happen. "Too big to fail" is a thing in finance because of contagion factors that don't really apply to tech; there's no number of AI company bankruptcies that would force your bank to suspend withdrawals. | ||||||||
| ▲ | 1986 35 minutes ago | parent | next [-] | |||||||
https://en.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Ban... | ||||||||
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| ▲ | uejfiweun 35 minutes ago | parent | prev [-] | |||||||
The reason is because AI is viewed by the powers that be as inexorably linked to national security. If you haven't noticed, every lab out there has the same excuse when pressed about the disruption caused by their technology - "we do it or else China does." | ||||||||