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I'm extremely cynical about the way the US government would react to any sort of financial crisis. I do not believe that they would not completely cave and bail
by philistine 4mo ago
I'm extremely cynical about the way the US government would react to any sort of financial crisis. I do not believe that they would not completely cave and bail out the AI companies and the monopolists if there is a downturn. And it's not that I don't trust the Republicans specifically. The whole political sphere is completely convinced that AI is a national security prerogative, and the cynical political atmosphere will equate national security with investor protection.
Let me append the saying a bit: The US government can remain irrational longer than you can stay solvent.
- fluoridation 4mo ago*The US government can remain irrational so you can stay solvent.
- namuol 4mo agoI’m pretty sure the market agrees with you.
- philistine 4mo agoUnfortunately.