@cantstopthesignal@sh.itjust.works
2026-10-30 21:30 UTC
Replies (5)
-
@SnarkoPolo@lemmy.world 2026-10-30 21:40
Once again, the American middle class, or what’s left of it, will be the ruling class’s personal piggy bank.
-
@shalafi@lemmy.world 2026-10-30 21:52
I can’t see them getting bailed out. That would be political suicide for either party. AI companies aren’t creating jobs, they manufacture nothing (like autos) and they’re not our financial backbone (like banks).
-
@Fluffy_Ruffs@lemmy.world 2026-10-30 21:51
Under any other administration I wouldn’t believe such a thing would be a possibility. I can see Trump offering funds in exchange for relabeling products “Super AI”.
-
@gedaliyah@lemmy.world 2026-10-31 02:52
Let’s see, Anthropic is about a trillion, OpenAI is about a trillion, AMD is about a trillion, SpaceX and Meta are two trillion each, Amazon is 3, Microsoft is 4, Google is 4, Nvidia is almost 6… So something on the magnitude of a $20 trillion bailout? The USA budget is only a quarter of that. The entire federal budget. This is going to be fucked, isn’t it?
-
@Magister@lemmy.world 2026-10-31 01:25
Intel lost 29%, 29!!! FFS it’s incredible!