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These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.

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[-] lumen@feddit.nl 3 points 1 week ago

Are you talking about the AI / big tech companies? No they won’t.

[-] ianhclark510 13 points 1 week ago

My fellow traveler in Christ, the feds have already invested 8.9 billion to keep Intel from suffocating to death in its own farts

[-] lumen@feddit.nl 1 points 1 week ago

Intel actually makes stuff that gets used. OpenAI just spends billions upon billions of dollars for a solution in search of a problem to solve. It has to be shoved into everyone's faces because someone has to start needing it, but no-one really does. The total revenue of all generative AI is the size of - brace yourself - the smartwatch market.

[-] ianhclark510 1 points 1 week ago

Okay? And your point is

You say Big Tech isn’t going to get bailed out during this AI bubble, they already are!

[-] lumen@feddit.nl 1 points 1 week ago

I’m saying that companies whose sole focus is generative AI will not be bailed out by the US government.

[-] ianhclark510 1 points 1 week ago

That’s not what you said at all buddy

[-] lumen@feddit.nl 1 points 1 week ago
[-] brendansimms@lemmy.world 9 points 1 week ago

I imagine they're referencing the 2008 precedence, although that was banks. But these tech companies are now 'worth more' than the banks so they may be considered 'too big to fail'. Wiki entry for 2008 bailout: Bailout Link

[-] Tollana1234567@lemmy.today 1 points 1 week ago

they are probably expecting trump to bail them out.

[-] prole 2 points 1 week ago
[-] lumen@feddit.nl 1 points 1 week ago

It doesn't make any sense for them to do that. Maybe because of corruption. But there's a complete lack of any good business reason to be bailing out those slop companies.

this post was submitted on 08 Oct 2025
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