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▲ xlayn 4 hours ago

Goverment bailing they out will be using people tax to rescue the companies that absorbed most of the 801k money so they can get people out of work... it's the ultimate slap to the face... I would strongly resist this, I would vote if they implode to give to whoever owned shares via 801k their money, to people and let them (openai, anthropic, et al) eat shit... I would love to buy one of those gpus to run an open model at discount price...

▲_heimdall 4 hours ago | parent [-]

Completely agree it will be a huge slap in the face to the public, unfortunately that's a common solution.

When everyone is afraid the market will collapse, or more likely distracted because the market collapsed just enough to hurt the average person, the government will bail them out and either people won't notice or will welcome it as a solution to huge levels of fear.

Voting isn't usually much of a solution after the fact, the political machine doesn't allow for candidates that would fix anything to have a chance at any office that matters. There's a reason our politicians today all seem to have roughly the same goals and all seem to become extremely wealthy while in office.

▲velcrovan 2 hours ago | parent | next [-]

A bailout would be a slap in the face when the correct solution is to nationalize them. If they are too big to fail then the government gets a controlling share of equity and we finally start the sovereign wealth fund we should have started decades ago.

▲fourthark 4 hours ago | parent | prev [-]

Maybe you should try voting harder.

▲_heimdall 3 hours ago | parent [-]

Meaning what? Cast more than one ballot?

I live in a state that votes heavily in one direction, most states are the same. Its fine for me to vote, but the winner of a majority of states is pretty well decided before a ballot is cast (by strong majority, I'm not claiming fraud).

▲daveguy 3 hours ago | parent [-]

If everyone who threw up their hands actually voted, the outcome would change. See also, the elections musk tried to buy in the last 18 months or so since he doged up the place.

▲_heimdall 2 hours ago | parent [-]

Sure, and I hope that (a) everyone votes and (b) most of them agree with me. Bit what is your point exactly?