Once those companies will be held responsible for everything AI (copyright issues with training, resource waste and people getting harmed and killed from their output), they’ll have every reason to be nervous.
Can I just say I love how Iceland treated its 2008 banking collapse? They didn’t bail out anyone, but they did protect investments by people. Some banks died, losing their investors billions. People didn’t lose their house or their own retirement.
This is the way we should treat all of this. Let the companies die, and let private equity take the hit for being stupid.
Once those companies will be held responsible for everything AI (copyright issues with training, resource waste and people getting harmed and killed from their output), they’ll have every reason to be nervous.
That’s not how capitalism works. Everyone else faces the consequences, the ones up top suffer nothing.
Best we can do is a government bailout
Can I just say I love how Iceland treated its 2008 banking collapse? They didn’t bail out anyone, but they did protect investments by people. Some banks died, losing their investors billions. People didn’t lose their house or their own retirement.
This is the way we should treat all of this. Let the companies die, and let private equity take the hit for being stupid.