• wuffah@lemmy.world
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    3 hours ago

    This is otherwise known as a TAXPAYER FUNDED BAILOUT. Socialize the loss, privatize the gain.

    Let them burn in the fire they set.

    • Scrubbles@poptalk.scrubbles.tech
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      1 hour ago

      No, a bailout would be that they get a big payday to continue as normal. Nationalization would mean the government takes control and it becomes part of the government.

      Airlines were a bailout. Amtrak was nationalized.

    • limer@lemmy.ml
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      3 hours ago

      They are too big to not be bailed out; the loss absolutely will be a millstone around the budget for over a generation. This will cause a lot of suffering and make the rich richer and the majority of us much poorer

      • porous_grey_matter@lemmy.ml
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        2 hours ago

        They don’t have a viable business, bailing them out would be the real millstone around the neck of the economy, it would be a bottomless pit to throw money into.

      • cAUzapNEAGLb@lemmy.world
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        2 hours ago

        Nothing is too big to fail

        Is a balloon ever too big to pop?

        No, let it pop, let it burn, let it rot, and lets learn the lesson this time

        We must accept our consequences so that we can finally actually move foward

      • Boomer Humor Doomergod@lemmy.world
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        1 hour ago

        A forest needs fire to clear out undergrowth or the fire will be even bigger and more damaging next year.

        Markets are the same. Either we let them die now or we have even worse problems when they die later.

      • brucethemoose@lemmy.world
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        1 hour ago

        Doesn’t matter; they’re never going to be profitable. That’s not the direction the field is headed.

        So we can deal with it now. Or later, when things are worse.

  • brucethemoose@lemmy.world
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    1 hour ago

    Absolutely fucking not.

    I’m not coming from the “AI hater” angle either. I love open models.

    But OpenAI and Anthropic are abominations. I’ve watched good startups and research groups disappear into the gaping maw they’ve created, all reason go out the window, replaced by whatever lies are coming out of Altman and Modi’s mouths.

    …They’re destroying US innovation, and sucking everything into a black hole.

    They need to burn.

    And its honestly insane someone like Schneier can’t see this, or was just paid to say this. No one in the machine learning research space likes OpenAI; they never have. I guess he’s old enough to use past nationalization efforts as a baseline, in his mind?

  • mrmaplebar@fedia.io
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    3 hours ago

    Absolutely fucking not.

    Nationalizing AI companies represents nothing more than a big tech bailout, leaving the American taxpayers holding the bag for the grandiose excesses, industrialized IP theft, and borderline fraudulence of some of the richest and most powerful corporations in modern society.

    Hell no. No bailout for big AI.

    They stole everything they have from the people, and if they are too stupid to figure out how to turn unprecedented plagiarism on a global scale into a viable business plan, then they deserve nothing more than to fail outright.

      • mrmaplebar@fedia.io
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        4 minutes ago

        Because these “assets” are at best hemorrhaging billions of dollars per year, and are also the result of total cultural strip mining. Why would I, as a taxpayer, want to take over a massive, and massively unprofitable business?

        I think it’s naive to believe that the government will seize these companies without without a huge amount of taxpayer cash winding up in the hands of big tech companies and their owners.

        Let failing businesses fail. Leave the taxpayers out of it

    • JasonDJ@lemmy.zip
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      1 hour ago

      if they are too stupid to figure out how to turn unprecedented plagiarism on a global scale into a viable business plan,

      Have they tried asking the LLM to generate one?

      “Claude, justify your existence in the form of a well-written business plan for a mult-billion dollar company”

    • brucethemoose@lemmy.world
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      17 minutes ago

      IMO the distinction doesn’t matter, as even the remnants of these companies are radioactive.

      I don’t mean that from an anti-AI angle, either. The people involved in them are sucking innovation into a black hole, on purpose. They’ve politicized AI by enshittifying it so quickly, without an ounce of shame. There is nothing to gain by seizing and nationalizing OpenAI/Anthropic, even if we miraculously stop a “bailout” and get rid of the leadership cleanly.

      Better to put what they have in the open and start over with a new entity.

    • fruitycoder@sh.itjust.works
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      29 minutes ago

      Tbf most US nationalization schemes are just bailouts. The car manufactures just had stocks purchased. Intel too.

      There is little appetite from corpo Dems and of course any Republicans for a forced seizing of assets.

  • Asafum@lemmy.world
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    3 hours ago

    I think that no matter what happens we’re going to foot the bill. There’s no way in hell these assholes will ever face consequences of any sort. They already destroyed consumer electronics markets, and will bring the rest of the economy down with them if they fail, but they themselves and the parasite investors will never lose. We’ll have to pay…

    • [deleted]@piefed.world
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      3 hours ago

      If we are going to suffer anyway just shut them down permanently so we aren’t paying for their society ruining bullshit.

  • Canaconda@lemmy.ca
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    3 hours ago

    All this bubble pumping bullshit is a desperate attempt to maintain their AI monopoly.

    The reality is most tasks AI is actually useful for do not require >75% of the full AI model to do said tasks well.

    This is why they’re also trying to monopolize computing power. Because once people realize they can run AI locally without a gaming PC these digital snake oil salesmen are fubar.

  • diocesegoldmine@sh.itjust.works
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    3 hours ago

    From space to telecommunications, the US has a long history of fostering technology for the public good.

    This one sentence alone is enough to dismiss the entire knob-slobbering article in my eyes.

    Edit: A word.