Btw Big Tech wanting a “Manhattan Project” for military AI isn’t about building Skynet; it’s about Big Tech knowing that AI is bullshit and stock prices are starting to stagnate so they need to switch the mark in their fraudulent scheme from investors to taxpayers
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Thomas 🔭🕹️ (thomasfuchs@hachyderm.io)'s status on Sunday, 21-Jul-2024 21:34:14 JST Thomas 🔭🕹️ - Church of Jeff and Elledeeay repeated this.
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Paul Biggar (paulbiggar@hachyderm.io)'s status on Monday, 22-Jul-2024 04:59:10 JST Paul Biggar @thomasfuchs I mean, they've been out and out routing for fascism for a while. Network State and American Dynamism go together
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Nicole Parsons (npars01@mstdn.social)'s status on Monday, 22-Jul-2024 10:14:22 JST Nicole Parsons Profits are private, losses are public.
When any American business fails nowadays, & the government is so co-opted, it bails out billionaires.
Taxpayers pay for a billionaire's irresponsible greed.
And then there are consequences...
https://www.newyorker.com/magazine/2018/09/17/the-real-cost-of-the-2008-financial-crisis
https://www.propublica.org/article/the-bailout-was-11-years-ago-were-still-tracking-every-penny
https://www.washingtonpost.com/graphics/2020/business/coronavirus-bailout-spending/
https://www.politico.com/news/2020/06/07/wall-street-fed-bailout-304362https://www.usatoday.com/money/blueprint/personal-finance/government-bailout-relief-programs/
https://www.politico.com/story/2018/12/19/bush-bails-out-us-automakers-dec-19-2008-1066932
https://www.forbes.com/advisor/banking/bank-bailout/
https://www.nytimes.com/2023/03/14/us/politics/bailout-biden-financial-crisis.html