Oh boy I can’t wait to see the future of every person under 65 and with a net worth below $100 million get basically vaporized from space. I can’t wait to be the bailout source for this… Although I don’t think there’s enough money in existence to bail this one out.
The current administration is claiming AI is absolutely essential to our national security, scientific research, energy, and everything else. This is all being done by political appointees who know next to nothing in general, and even less about the history and current state of “AI”. Being ordered by people who do not care about wasting taxypayer money or running up absurd deficits. Bailout incoming.
The issue is that they became part of everyone’s 401k so the bootlickers and greedy fucks in Congress will tell us they’re 100% essential because if they fail you lose your retirement.
I hate this system… Redistribution of wealth for the rich, rugged individualism for the pleb.
Okay? That still doesn’t mean they should receive a cent of bailout money. They’ve been declining for a while and that’s not the U.S. Taxpayer’s problem.
The current retirement structure is gambling and exploiting labor. I’m sorry but it’s the only way to fix it. The people who bought into it need to suffer, too.
I totally agree with you and I think this time there really isn’t a way to bail out AI companies or every other company that’s too big to fail during the poly crisis. No matter what irresponsible shit the elites get up to fundamentally we’re the ones that get fucked though even if they can’t extract enough blood from us to nationalize the losses.
Wait…too big to fail meant that they’re supposed to be important to the CITIZENS??? Fuck that! All these banks and mortgage lenders and automotive industry leaders have all been bailed out as too big to fail.
I never took that to mean that they provide value. I just took it to mean “fuck you peasants, we’re big business, and therefore fuck you! Money please! Money me now!”
If I’d have known they meant it was for OUR benefit, I’d have called bullshit 20 years ago.
They’re such money pits that they can’t be bailed out - give them a hundred billion dollars and they’ll be back next month for more.
They aren’t a functioning business that just needs help getting back to profitability or help with some sort term crisis, they take hundreds of billions and set it on fire.
And deciding whether to bail them out is going to be like the onions video on America’s money hole where the debate is how much money to throw into the hole to be burned instead of whether they should do it at all.
Well now hang on. Lets not get ahead of ourselves here. We have discuss some core primary facts about this gum before we can determine value.
First off, what brand gum? How much flavor is left? Does it still have enough consistant texture to blow bubbles? You can’t just leave these things up in the air.
It’s fine SpaceX is pretending to be an AI company (the home of MechaHitler) so won’t have the pennies left to gets it’s space Vaporizing Centers launched (honestly more feasible than data centers).
🤞maybe this can all end with Saudis releasing footage of Elon moonwalking when the realize there’s no money left for the line due to Twitter.
Oh boy I can’t wait to see the future of every person under 65 and with a net worth below $100 million get basically vaporized from space. I can’t wait to be the bailout source for this… Although I don’t think there’s enough money in existence to bail this one out.
Don’t even talk about bailouts, it’s totally unacceptable this time. These companies ARE NOT essential, and are not too big to fail.
Their debts are by Venture Capitalist investors, and by billionaires from the dot com bom. They have the money to fail.
This time we let them fail.
I WANT TO SEE REPO MEN AND BANK OFFICIALS MARCHING INTO MANSIONS TO RECLAIM THE MONEY.
Let some of these assholes live in trailer parks.
The current administration is claiming AI is absolutely essential to our national security, scientific research, energy, and everything else. This is all being done by political appointees who know next to nothing in general, and even less about the history and current state of “AI”. Being ordered by people who do not care about wasting taxypayer money or running up absurd deficits. Bailout incoming.
The issue is that they became part of everyone’s 401k so the bootlickers and greedy fucks in Congress will tell us they’re 100% essential because if they fail you lose your retirement.
I hate this system… Redistribution of wealth for the rich, rugged individualism for the pleb.
They aren’t even public companies yet. They are not a part of everyone’s 401ks.
MS, AMZN, Oracle, & NVDA were around before this, and will exist even when the bubble pops. Literally zero reason for a bailout.
There is a very good chance that Oracle doesn’t survive if OpenAI tanks.
https://www.wheresyoured.at/how-openai-kills-oracle/
I hope Larry Ellison has to sell off his media companies and still has a heart attack in the end. He funds Israel.
Larry Ellison is an even bigger son of a bitch than your standard Israel funder.
Not just content with supporting a genocide, he wants to control all media and human behavior.
Not even to protect his collaborators, but because there’s money in it.
Larry Ellison belongs in prison.
So you’re telling me AI is going to bring positive change to the world?!
Okay? That still doesn’t mean they should receive a cent of bailout money. They’ve been declining for a while and that’s not the U.S. Taxpayer’s problem.
The current retirement structure is gambling and exploiting labor. I’m sorry but it’s the only way to fix it. The people who bought into it need to suffer, too.
I totally agree with you and I think this time there really isn’t a way to bail out AI companies or every other company that’s too big to fail during the poly crisis. No matter what irresponsible shit the elites get up to fundamentally we’re the ones that get fucked though even if they can’t extract enough blood from us to nationalize the losses.
Wait…too big to fail meant that they’re supposed to be important to the CITIZENS??? Fuck that! All these banks and mortgage lenders and automotive industry leaders have all been bailed out as too big to fail.
I never took that to mean that they provide value. I just took it to mean “fuck you peasants, we’re big business, and therefore fuck you! Money please! Money me now!”
If I’d have known they meant it was for OUR benefit, I’d have called bullshit 20 years ago.
*jail
Ready to reclaim some land
https://www.hgcsa.org/oracle-ceo-larry-ellison-buying-hawaiian-island-of-lanai/
They’re such money pits that they can’t be bailed out - give them a hundred billion dollars and they’ll be back next month for more.
They aren’t a functioning business that just needs help getting back to profitability or help with some sort term crisis, they take hundreds of billions and set it on fire.
And deciding whether to bail them out is going to be like the onions video on America’s money hole where the debate is how much money to throw into the hole to be burned instead of whether they should do it at all.
MY FATHER WORKED TWO JOBS SO HE WOULD HAVE ENOUGH MONEY TO THROW IN THE MONEY HOLE
Far fewer than you’d think, once hyperinflation kicks in.
You’ll be lucky if you can buy gum for less than $100M at the rate we’re climbing.
I am selling a used piece of gum for cheap: only $50 million! Buy now while supplies last.
Well now hang on. Lets not get ahead of ourselves here. We have discuss some core primary facts about this gum before we can determine value.
First off, what brand gum? How much flavor is left? Does it still have enough consistant texture to blow bubbles? You can’t just leave these things up in the air.
Seattle is gunna have a booming economy of prospectors scavenging the gum wall
Don’t worry about that.
I’ll lend you the $50M for the gum if you agree to buy $50M of my stuff in the future.
It’s fine SpaceX is pretending to be an AI company (the home of MechaHitler) so won’t have the pennies left to gets it’s space Vaporizing Centers launched (honestly more feasible than data centers).
🤞maybe this can all end with Saudis releasing footage of Elon moonwalking when the realize there’s no money left for the line due to Twitter.