• naught101@lemmy.world
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    10 hours ago

    There was at least a coherent rationale for the GFC bank bailouts - if you let parts of the finance system collapse a) real people lose lots of savings, and b) it might destabilise the whole system, and cause a domino effect (not saying I agree with it)

    That rationale doesn’t apply for AI (though there will certainly be investment banks that collapse, I guess)