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100 sats \ 3 replies \ @SimpleStacker 7h \ parent \ on: What's the first thing you think of when hearing "AI's impact on the economy"? AI
oh you know it
I'm for real torn. I kind of agree with @Cje95 that to date, all actions taken seem to point towards stimulus, not bailout. I cannot imagine the political will to bail out any of the AI companies if they were to mess up after all the benefits already had - and if Goog/BCM are successful in deploying their TPUs outside of the "safety" of Google's environment, not even Nvidia.
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They're gonna argue it's for national security, it'll protect the economy, all the standard arguments. Every crisis since 2008 has been monetized, I don't see why this would be any different, especially with the breathless world-ending narratives that AI companies have been pushing out.
Political will of the people doesn't even matter.