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by thelastgallon 3 hours ago
Not this time. This time, we'll bail out them out because they are too big to fail and they need the money and assets. Next time we'll definitely get them. Pinky promise.
2 comments

> we'll bail out them out

If it’s after the midterms, I’m doubtful. The AI leaders—apart from Dario—have gone particularly partisan. We also have a lot more post-crisis tooling that lets us wipe equity even when bailing out. See, for example, the ‘23 bank failures.

People are already sour on the economy. They are going to be in a whole mood if we get a real, serious recession.
Even if one thinks we need to bail out the _companies_ to prevent more severe economic collapse, we could still arrest plenty of those who were in charge of these organizations.