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>Now they fuel the Bitcoin and "AI" bubbles, which are nonessential and non-tangibles. The current boom has basically had nothing to do with any government eff
by wing-_-nuts 1y ago
>Now they fuel the Bitcoin and "AI" bubbles, which are nonessential and non-tangibles.
The current boom has basically had nothing to do with any government efforts. It is booming in spite of the current administration. This is all private industry.
- bgwalter 1y agoThe administration tried to sneak in a ban on "AI" regulation into the "Big Beautiful Bill", but fortunately failed last minute. The administration facilitates "AI" exports: https://www.iaps.ai/research/promoting-the-stack-trumps-ai-export-incentive-program-explained https://www.iaps.ai/research/promoting-the-stack-trumps-ai-e... It removes environmental regulations: https://apnews.com/article/national-environmental-policy-act-ai-data-centers-a1efa3f9a8b2022ded585fd8f1524cce https://apnews.com/article/national-environmental-policy-act... For the Nvidia bubble, it has recently lifted export regulations to China. It facilitates meetings of "Open" "AI" with world leaders and almost certainly exerts pressure with tariffs etc. behind the scenes to force these deals. It keeps talking up "AI", which helps the bubble.
- GOD_Over_Djinn 1y ago> The current boom has basically had nothing to do with any government efforts. You must have missed the federal governments 500B “stargate” project
- wing-_-nuts 1y agoGive me a source that show's taxpayer funds are being used for that, cause all I see is private investment and vague promises of 'future partnership'