These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.
Pissed off at Bezos betraying us all again? Consider not giving him your money and boycott Amazon.
Someone reading this message could cost them hundreds or thousands over the coming year by simply shopping elsewhere. That’s not nothing. There’s no doubt that Amazon is convenient, but it is possible to get along without them.
For Americans: in this time of rising fascism, it’s important to chip away at the pillars that are holding up the regime in the White House. This is one way to use your agency to have a measurable impact.
Translation: I have enough money to weather this self-inflicted disaster. Do you?
Except that it won’t eliminate anyone because they will all get a federal bailout.
Are you talking about the AI / big tech companies? No they won’t.
I imagine they’re referencing the 2008 precedence, although that was banks. But these tech companies are now ‘worth more’ than the banks so they may be considered ‘too big to fail’. Wiki entry for 2008 bailout: Bailout Link
I don’t think big tech that does stuff besides just AI (Google, Meta) will go bankrupt when the AI bubble busts. The AI-only tech companies though (OpenAI, Anthropic, …) - I guess we’ll see. I’m pretty sure many of those will die.
My fellow traveler in Christ, the feds have already invested 8.9 billion to keep Intel from suffocating to death in its own farts
Intel actually makes stuff that gets used. OpenAI just spends billions upon billions of dollars for a solution in search of a problem to solve. It has to be shoved into everyone’s faces because someone has to start needing it, but no-one really does. The total revenue of all generative AI is the size of - brace yourself - the smartwatch market.
