pull down to refresh
67 sats \ 2 replies \ @optimism 6h \ parent \ on: What's the first thing you think of when hearing "AI's impact on the economy"? AI
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.
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.