• theneverfox@pawb.social
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      2 hours ago

      Don’t worry, we can’t bail them out this time. There’s just not enough money, each bailout is exponentially bigger than the last one and this time the bubble is bigger than the rest of the global economy

      We’ll probably destroy the global economy buying them just a few more months anyways though

      • T156@lemmy.world
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        19 minutes ago

        It’s also arguably the only thing propping up the American economy right now. They don’t have anything to bail with, if the AI bubbles goes on fire. Their economy may well come tumbling down in short order.

    • Tixo@lemmy.zip
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      2 hours ago

      didnt the us gov already get like 5% of the company, laying the groundwork of they cant fail bullshit ?

    • moustachio@lemmy.world
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      4 hours ago

      Better start preparing to grind the economy to a halt when they try it. This time any occupy Wall Street movements should be heavily armed and wearing plate carriers

        • moustachio@lemmy.world
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          4 hours ago

          We can only hope. But the left wing of the working class needs to wake up and realize they have that right too; and get armed if they are not already.

      • Don_alForno@feddit.org
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        2 hours ago

        Nah. They lose money every time you use their shitty services. Sabotage would actually improve their cashflow.

    • droopy4096@lemmy.ca
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      5 hours ago

      use their cheapest plan, burn their tokens, burn the hole in their budget. could backfire though as then “clever analysts” will claim that demand is up and eager bankers will shell out more cash

      • RedstoneValley@sh.itjust.works
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        4 hours ago

        Or educate the people around you that “AI” is not the magical fairy dust machine that can do anything imaginable. Might be better than giving them any money at all.

    • neutronbumblebee@mander.xyz
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      6 hours ago

      Look to your superannuation plan. Most providers have a conservative plan that’s little or no shares. If lots of people transfer the message will be loud and clear. At that point the markets will dump AI and things will eventually normalize. I suspect this is already where the elite have their money, given the present warnings.

      • fizzle@quokk.au
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        5 hours ago

        Nah.

        The more people divest the more appealing these investments are.

        • neutronbumblebee@mander.xyz
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          4 hours ago

          So more AI losses per investor. Shares are just like card collecting it only goes up if the demand is increasing. Right now I suspect it’s reached maximum insanity and is ripe for a correction.

          • fizzle@quokk.au
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            1 hour ago

            That’s not true.

            It can feel that way when you think as shares as numbers on a computer but they represent a share in the ownership of a country and presumably that ownership is actually worth something.

            If no one wants to invest because of the vibe, then you can buy the shares for a bargain.

            Maybe it’s a bit like buying a house where someone was murdered. If you don’t care about the vibe then the reduced demand means you can get a bargain.

            You can argue the shares are grossly overvalued, and that may be true, but my point is that shares have an intrinsic value and if demand reduces it increases the appeal to other investors.

          • john_t@piefed.ee
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            3 hours ago

            I’m sure the big players are betting Trump will bailout AI companies. They don’t have to worry. So they keep pumping the share prices.

  • ∟⊔⊤∦∣≶@lemmy.nz
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    7 hours ago

    Yes but you have forgotten about the technique used by the most skilled and intelligent company leaders to consistently outperform all predictions for years now: Corruption

    • Cruxifux@feddit.nl
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      5 hours ago

      Step one: make thing

      Step two: make everyone hate that thing

      Step three: call it “too big to fail” and force you to pay for thing you hate with your taxes

    • chiliedogg@lemmy.world
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      6 hours ago

      That’s how they’ve been operating for years. They’ll go public soon enough though, so your 401k will take the hit instead of the parasites on top.

      That’s what the SpaceX IPO was about. They were listed on the NASDAQ way earlier than companies are normally allowed to be so the assholes up top could raid your retirement fund despite there being no path to profitability.

      • moustachio@lemmy.world
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        4 hours ago

        I can’t fathom how people actually contribute to a 401k when it’s run by Wall Street ghouls that stole everyone’s money 20 years ago and never suffered any consequences for it…

    • moustachio@lemmy.world
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      4 hours ago

      Why would they step in?

      They have barely talked about stakes in AI companies to this point. It’s nothing like banking and housing market that were actually useful, and impacted people’s lives, unlike AI. LLMs are just an aggregate of stolen work that they sell back to gullible C level execs.

      • Goodeye8@piefed.social
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        1 hour ago

        They shouldn’t. There are a lot of arguments why they shouldn’t. But there’s only one argument why they might, it’s the most corrupt government in the entire US history and they’re very gung ho about siphoning wealth upwards. No amount of logic or reasoning will work against corruption. If the government wants to bail them out they will find a way to bail them out.

      • ryannathans@aussie.zone
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        4 hours ago

        The Pentagon is militarily dependent on OpenAI now, used for targeting, aggregating intel, etc. That’s a big part of the US govt hostility towards Anthropic, Anthropic won’t permit used of their advanced models for war

        • moustachio@lemmy.world
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          4 hours ago

          The pentagon… the agency that can’t pass an audit, despite stealing most of our tax dollars… needs LLM companies to steal more of our money to bail their big investors out, for fucking up stealing our labor/art and trying to sell it back to execs to put us out of work?

          If they do try and get a bailout we def need to be armed with ARs and Plate Carriers for our protests.