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It's kinda too big to fail in US now. If it bursts, US will decline quickly.
by feverzsj 4mo ago
It's kinda too big to fail in US now. If it bursts, US will decline quickly.
- nixon_why69 4mo agoIt's not, though. The banking system holds onto everyone's money in a fractional reserve system, if you let a run on the banks happen everyone's money is gone. That's "too big to fail". If anthropic and openAI fail, the top 10% lose half their money in a stock sell-off. That's perfectly tolerable. Maybe congress bails them out anyways but they don't have to.
- Avicebron 4mo agoIf they get bailed out with taxpayer dollers they better maje damn sure the taxpayers are getting immediate tangible benefits (as in cash or free mythos class AI every month at a minimum). Sama can go beg on the streets, we'll keep the tech.
- nxm 4mo agoSo you’re going to be shorting AI stocks?