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Quarrelsome
250 days ago
Its way too expensive. We bail out banks so the little people dont lose their shirts too. There's no equivalent in AI.
1 comments
anon191928
250 days ago
you are missing the point, once AI companies goes down it will take down the sp500 too. so their retirement accounts will be affected.
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Quarrelsome
250 days ago
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.
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anon191928
250 days ago
covid crash and what they did in respond to market crash disagrees.
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Quarrelsome
250 days ago
what are you referencing in particular?
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anon191928
250 days ago
https://www.marketwatch.com/story/fed-saying-aggressive-acti...
"unlimited QE"
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Quarrelsome
250 days ago
sorry, wasn't that in response to a natural disaster? I don't see how we so easily sweep that into the same idea as "bail out".
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