Bluesky

100% correct, but the Americans will eat the shit bailout (corporate socialism) sandwich...again.

Spoiler alert: they will literally take food from the hands of a starving child and give it to Altman, Zuckerberg and Musk.

Obama gave a colossal welfare check to corporations in his first term and the right hated it.

Trump does it in both terms and they applaud it with tears in their eyes and cum in their pants.

Republicans should hardly be considered human beings at this point.

Unfortunately the government will not listen. Whatever government is in power will do the same as the sub-prime debacle. They will bail out those that (intentionally?) caused it. Money will shift to shareholders and the top 0.5%, large swaths of stocks & property will be bought up cheap by the already wealthy, and the remaining 99.5% of the population will pay for it. The whole businesses need to profit in good times to make it through low times has been replaced with corporations are to be subsidized by the working class no matter what. SNAP is a subsidy to large corporations who can then ignore supply and demand of workers at poverty wages because tax payers make up the supports needed. Americans will go along with their standard of living continuing to decline because "American exceptionalism". After a long career in politics, always saying the right thing but never able to affect real change, AOC will take over the crown from Bernie Saunders.

But they’ll go ahead and do it anyway while she “SLAMS”, them publicly.

Who would we be bailing out? Isn't the point of a bailout to keep the company/industry alive for the sake of the employees working in it? How many people do AI companies actually have that aren't constantly replaced by AI? 🤔

...But they probably will anyway, right?

Damn dude, what's it gonna take for Americans to cut their losses and actually revolt? Painful to watch at this point.

They should bail out people's pension plans and let the fat cats fail. Most people would accept that and it would be good for the economy.

Fuck no we shouldn't. This is their fucking fault!

None of us wanted this! They've been shoving it down our throats for months, cutting budgets, and redirecting it to AI, all while smugly reminding us that "this is the future, they're the experts, and any oppositions to what they're doing in 2025 would be like opposing the internet circa 1996."

This is the fucking result of allowing the "technocratic elite" to come in and tell countless departments and agencies full of "educated bureaucrats" to just sit back, shut up, and watch how it's done.

The AI bubble is the fucking Dunning Kruger effect in action. Just because some pompous dumbass buys a bunch of planes, and thinks that makes him an expert on planes, and he is then able to convince a bunch of other stupid people he should be allowed to fly a plane, it doesn't mean he actually knows how to fly the fucking plane.

We already made the mistake of allowing him to take over for the pilot and he immediately crashed our plane. Does rewarding him for crashing our plane, and telling him to just brush himself off and hop back in the captain's chair seem like the brightest fucking idea?! 💡

They had record profits before the AI nonsense. Let them fail.

I would be very surprised if a bailout doesn't happen, independent of who is "in charge"

If/When the AI Bubble pops we need every blue state to join together and form a new country with an overhauled everything to never let this happen again.

For any red states we can do it EU style of allowing them in if they actually both majority voted blue, have done major reforms in how they operate, and have done things to actually mean it as a permanent change.

Hey guys, so not all bubbles are the same. When the housing bubble burst, there were tons of debt that tied the housing bubble to wallstreet and big banks which tied in mainstreet to the bubble. When that bubble crashed, it put banks in jeopardy and THAT would have brought the whole financial system and main street down. We'd have been seeing bank runs, and the whole economy would've ground to a halt. That's when the bailout happened. Anyone remember dot-com bubble? When the dot-com bubble burst there were no bailouts. Companies just went under.

Current AI bubble is funded by the gynormous profits and funds that big tech companies have - Microsoft, Meta, Alphabet, Amazon, etc. who have humongous cash reserves and profits that they are literally plowing into building AI data centers which in turn fuels Nvidia's gynormous profits which it is plowing back into other AI companies. Nvidia doesn't have debt. Big tech companies aren't highly leveraged. When it crashes, it will go the way of dot-com.

But of course they will bail them out... there is a 0% chance they won't be bailed out

The fun thing about politicians saying things we like is that it's much easier to do so when you know exactly how all of this is going to turn out.

Words don't accomplish anything. Call me when the Democrats refuse to vote for the bailout and it fails instead.