• hector@lemmy.today
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    2 days ago

    Except after this bubble bursts they will bail these companies out with tax dollars.

      • hector@lemmy.today
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        2 days ago

        Point is the AI will still be around. Your taxes will just end up subsidizing the US borrowing, as they buy treasuries to buttress their own currencies that are not trusted on their own, because you, like the rest of us, have the wrong people in charge. No matter where you are, we have the wrong people in charge, whether the absolute worst (yet,) or not.

        We have a system across the west, of socialized recessions, and privatized gains/profits.

        • PhoenixDog@lemmy.world
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          1 day ago

          Why do you think more and more countries are transitioning trade with the US to other countries?

          It’s not just Trump. Not many countries want to subsidize your AI bullshit.