lol who’s gonna seize it? Trump government? America is cooked. I’m starting to think America’s future is either going to be a very isolated authoritarian dystopia or state separation. No one likes each other and everyone argues over a the most simple things. Human rights, work rights doesn’t exist if you’re not filthy rich. Manipulation is so bad that if trump says the sky is green, tomorrow idiots are going to believe it’s actually green.

Idk man. I really wish they’d take billionaires monies and build houses hospitals but never going to happen.

They seize our water and energy, so fuck em. They can explode for all I care, as can all the sell outs who work in them.

Also, please tell everyone you see that there is lots of copper in those data centers.

I support seizing wealth from billionaires, period.

The wealthy will turn it into a bailout. The US government isn't gonna 'seize' anything. They'll "compromise" by buying the companies directly from the wealthy, and when it all comes crashing down the tax payers will be left holding the bag.

What "wealth"? They're all losing money.

I don't think there is any wealth there, just undeserved trust that allows them to raise money through debt.

If you seize that, then the debtors will come calling for higher risk premium and the venture implodes - sooner than they otherwise would.

So maybe it is a good idea anyway.

Why stop at the AI industry?

The problem is they over borrowed and dont make any money.

What wealth?

https://www.wheresyoured.at/the-openai-bubble/

They can't do anything if they aren't spending VC money. LLMs are the most money burning corporate misadventure of all time.

It's a trap. Open source / weight models will become mandated to pay for use locally. So we won't be able to use local models for our own purposes and gain, while the big corporations simply pay a small percentage.

Hardware and software breakthroughs will make it possible to run LLM models and advanced AI on local, solar powered hardware. For example you can pack a ternary 27b model on a smartphone now.

In the best case, 50% will belong to the US empire. Which is controlled by the worst of the worst people on earth.

Why stop at AI?

Isn't US AI already funded by tax deduct ?

I support seizing the wealth of all the wealthy.

What wealth? The AI industry is probably the most debt-laden venture in the entire history of currency, and has failed spectacularly and repeatedly to demonstrate any viable path to profitability. There's no wealth to take, and there never will be.

A majority of Americans discover the concept of taxation.

I support seizing the wealth from more industries than just AI

"Seizing" just means "not giving copius amounts of tax cuts" nowadays.

They seize wealth from us

Trump accounts are now mandatory for all children born after 1/1/25. They were briefly optional and you chose if you wanted them while filing taxes

Trump accounts give the kid $1000 no strings attached and it’s loaded into an index (SPYM) made up of nvidia, apple, amazon, Microsoft, meta, tesla, micron, and alphabet class a (google).

On a surface read this is great, trump is giving free money to children for education planning.

But realistically it’s money laundering to fund their pump and dump. About 3.6-3.7 million children are born in the USA each year over the past few years (declining from a 2007 peak of 4.1). About 9% of those are undocumented, leaving about 3.25-3.3 million. This money isn’t free and doesn’t come from nowhere, it’s about 3.3 billion dollars of taxpayer money (yearly) to pump directly into AI companies and other grossly overvalued tech that’s propped up by making the overwhelming majority of retirement accounts contingent on its value (eg tesla)

In a typical 529 you have much more say in how investments are spread (with notable limitations) but the trump account is spym only.

Further, while 3.3 billion is barely anything in the scheme of the economy or even openais apparent (bloated) value, it’s to prime the pump to get more working class dollars in these companies. The 529 your child is given is essentially worthless if you make no contributions (at least in the context of education). Even maxing yearly contributions (5k/yr) from 0-18 with a prediction based on somewhat idealized returns would make the account worth ~$170,000 at 18, which is often not nearly enough to pay for college now, let alone in almost 2 decades. But it means a decent portion of Americans with children are pumping more of their cash into this bubble for their children’s education.

This is not even touching on the other gross things, like robinhood being the default and only servicer of these plans, which almost certainly is because of a fat bribe as they are the scummiest brokerage that preys on wallstreetbets gambler type retail investors.

Despite this it’s better than sending another 3 billion dollars of bombs for Israel to do genocide with, I guess

Doesn't this just ensure they're all "too big to fail" and we use tax dollars to jeep them afloat forever?