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Joined 3 years ago
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Cake day: July 8th, 2023

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  • Oh I got what you meant I just disagree. My point was that AI is a money burning party with nothing to show unlike basically any other industry, even if you bail them out once they’ll likely need to be bailed out again by the next quarter since they don’t really have a product to sell. Not even getting into all the debt a lot of these companies have or any future contracts that have been signed.

    Point is even if they are bailed out it will amount to doing a blood transfusion on someone with an actively bleeding artery. They are far more likely to wipe everything else out than succeed, though I wouldn’t be surprised if that was the end goal for dipshits like Thiel. Maybe it’s a weird but of optism but I can’t quite see enough congresscritters siding with that since basically all of them gain their power through the government and the current economic systems continued existence.



  • They can’t really bail them out like they did in 08. Just to compare Ford to OpenAI for sake of my argument. The collapse of Ford risked not only losing a company but also the institutional knowledge within on top of the fact that Ford itself could eventually pay off the loan which isn’t even getting into other benefits, for comparison what does the collapse of OpenAI risk beyond some edge case nonsense hell could they even pay off a loan. Trying to bail out the AI industry would be dead on arrival by default, the best you may be able to do is downsize them massively and maybe make them profitable via specialized sub industries but yet again that risks them collapsing regardless.






  • Also just to add to the point that it was more of an American console market problem. I’ve met a couple grey and white beards who were part of the PC gaming side of things during the crash and according to them they were small but thriving since they were able to filter trash and share things around as needed thanks to the community aspect of things. Who knows maybe in an alternate world where the NES flopped it was the Commodore 64 that reigned as king for early home gaming, hell maybe we could’ve gotten a proper port of Metal Gear years earlier.




  • I’d also say we need more old school hackers and restorers, that is to say folks who can work on hardware. It may be illegal to crack some code but physically gutting something to spoof, hotwire, or bypass their shit software through entirely physical means works as a better long term method. Restoration and maintenance of old tech is a lot easier, half the time something is broken it’s either just a wire or the power being bad.