| ▲ | retrochameleon a day ago | |||||||
This feels like an attempted primer and justification for major bailouts to the big AI companies. And this is all a problem that the companies have created for themselves by going so hard into AI investments based on wild speculation about the near future of AI. And the bailouts will probably happen because A: these companies have politicians in their pocket, and B: most of the government / politicians will frame this as a national security problem we can't afford to ignore. This all serves to entrench and centralize power and access to data for the major AI companies that managed to stay in the game up to this point. | ||||||||
| ▲ | expedition32 21 hours ago | parent [-] | |||||||
How would a bailout help? At the end of the day these companies need products people want to pay for. We know from the dot com bubble that you can burn money for years but eventually investors want to see some returns. | ||||||||
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