They will be. That's been the plan for quite a while now...
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"Bailout" implies that there's a period of problems to get through after which the industry will stabilize. It worked for airlines, banks, and auto manufacturers because those companies do something people need and the business can straighten itself out.
But AI isn't a necessary industry - it's a nascent one, and the idea that restructuring and more money can stabilize it is absolute nonsense. If a crash hits, not only will the bill come due, but future potential customers will smell the stink of failure and avoid it, further reducing the likelihood that this shit can ever pay for itself.
The previous bailouts were IDEOLOGICALLY appalling and awful, and we lost a little money on the airlines and auto industry, but on banks the government actually made around 20 billion in profit on interest - the bank bailouts were a net positive to taxpayers.
AI will NEVER be able to pay back a bailout. It's a money pit.
Too late. It's already been done.
It's also inside your insurance policies 2008 style. https://youtu.be/watch?v=_YXDHskRP6Y
They literally woke up one day and said we're going to build AI and make everyone else pay for it.
The short-term budgetary costs can be met by slashing a bloated and dangerous military budget, reallocating funds now spent on immigration enforcement to immigrant integration, and increases in tax revenue from corporations and higher taxation of great fortunes, as I discuss above.
TAX BILLIONAIRES AND MULTINATIONAL MEGACORPS OUT OF EXISTENCE!!!
"Too big to fail" will continue to be the mantra of socializing costs while privatizing profits, and the idiots of this country will continue to vote for it.
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