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Unsecured government loan to a successful company to fund acceleration and growth is a "handout". A "bailout" is what happened in 2009, in the sense the banks
by BluSyn 11mo ago
Unsecured government loan to a successful company to fund acceleration and growth is a "handout".
A "bailout" is what happened in 2009, in the sense the banks would literally have collapsed without it (and they probably should have).
OpenAI is not going to collapse without these loans. Huge difference.
Also for the record, not rationalizing, because I'm not in favor of either handouts or bailouts.