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"If we won't build it, China will" I am sure that you already heard this sort of argument for AI. It's a way to bait that juicy government money.
by surgical_fire 1y ago
"If we won't build it, China will"
I am sure that you already heard this sort of argument for AI. It's a way to bait that juicy government money.
- Quarrelsome 1y agoIts way too expensive. We bail out banks so the little people dont lose their shirts too. There's no equivalent in AI.
- anon191928 1y agoyou are missing the point, once AI companies goes down it will take down the sp500 too. so their retirement accounts will be affected.
- Quarrelsome 1y agoI think there's a bit of a difference between preventing a run on the banks and propping up the entire stock market for the sake of just a handful of companies that all have big enough pockets to fail.
- anon191928 1y agocovid crash and what they did in respond to market crash disagrees.
- Quarrelsome 1y agowhat are you referencing in particular?
- anon191928 1y agohttps://www.marketwatch.com/story/fed-saying-aggressive-action-is-needed-starts-unlimited-qe-2020-03-23 https://www.marketwatch.com/story/fed-saying-aggressive-acti... "unlimited QE"
- Quarrelsome 1y agosorry, wasn't that in response to a natural disaster? I don't see how we so easily sweep that into the same idea as "bail out".