Definitely. The AI bubble is going to burst, the tech companies are going to demand a bailout, and they’re going to get it.
And, if you thought the Obama bailout of the banks after the 2007/2008 financial crisis was bad, keep in mind, that bailout was done by competent people, many of whom actually took their role as public servants seriously. The AI bubble bailout will be handled by Don Jr. and Big Balls.
Considering somewhere around 37% of the stock market is wrapped up in this, I think it’s unfortunately high.
And the American government is currently interested in enriching oligarchs first and doing what’s right for the country only as an accident.
Definitely. The AI bubble is going to burst, the tech companies are going to demand a bailout, and they’re going to get it.
And, if you thought the Obama bailout of the banks after the 2007/2008 financial crisis was bad, keep in mind, that bailout was done by competent people, many of whom actually took their role as public servants seriously. The AI bubble bailout will be handled by Don Jr. and Big Balls.
Yep. Too big to fail.