[surgical_fire]

"If we won't build it, China will"

I am sure that you already heard this sort of argument for AI. It's a way to bait that juicy government money.

[Quarrelsome]

Its way too expensive. We bail out banks so the little people dont lose their shirts too. There's no equivalent in AI.

[anon191928]

you are missing the point, once AI companies goes down it will take down the sp500 too. so their retirement accounts will be affected.

[Quarrelsome]

I think there's a bit of a difference between preventing a run on the banks and propping up the entire stock market for the sake of just a handful of companies that all have big enough pockets to fail.

[anon191928]

covid crash and what they did in respond to market crash disagrees.

[Quarrelsome]

what are you referencing in particular?

[anon191928]

https://www.marketwatch.com/story/fed-saying-aggressive-acti...

"unlimited QE"