Post #4393373
2026-08-05 18:25 UTC
and so begins the #aislop #bailouts con.
i was opposed and campaigned against the bank bailouts in 2008, am even more rabidly opposed to this grift.
don't just let the bubble pop. let them burn.
❝ A Fed official is asking whether AI is becoming ‘too big to fail’ https://thenextweb.com/news/a-fed-official-is-asking-whether-ai-is-becoming-too-big-to-fail
Replies (4)
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@davesdogmaggie@mstdn.social 2026-08-05 18:27
@blogdiva@mastodon.social We learnt that lesson good.
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@csstrowbridge@mastodon.social 2026-08-05 18:37
@blogdiva@mastodon.social It has been clear for at least a year and a half that AI companies were relying on a government bailout.
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@ramsey@phpc.social 2026-08-05 21:27
@blogdiva@mastodon.social They are testing the waters to see which variant of the “spin” is more palatable to the public.
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@EricLawton@kolektiva.social 2026-08-05 18:50
@blogdiva@mastodon.social At least the banks could argue that¹ the failure of banking system would be a huge inconvenience. If AI™fails, the impact would be far less, even if the models all shut down. In five years, that may no longer be the case as we lose the skills to do without. ___ 1. Except that the infrastructure and workers would still be there without the owners.