693
you are viewing a single comment's thread
view the rest of the comments
[-] LovableSidekick@lemmy.world 0 points 12 hours ago* (last edited 12 hours ago)

Ok, point by point: First, government corruption isn't a function of capitalism. Officials in every system find ways to sell favors. I personally knew Russians who bribed their way out of the USSR, which was almost laughably corrupt. Secondly, the AI industry can't "position" its own value - it is what it is, and as an industry it simply isn't "too big to fail." Thirdly, Google (founded in 1998) was still a startup during the dotcom bubble, not a "large player". We have no "huge players" in AI yet - as I mentioned, the biggest AI company only has 8000 employees.

Based on all this I assume the prediction that the government will use retirement account stock market exposure as an excuse to bail out AI companies is something you heard or read - if you gave a link to that I'd be happy to look at the reasoning.

this post was submitted on 06 Jun 2026
693 points (99.1% liked)

Technology

85212 readers
4869 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 3 years ago
MODERATORS