[uejfiweun]

Of course not. This coming crash will be where we learn that tech is "too big to fail" in the same way that the financial system is. They'll let one player fail (likely Anthropic, due to the constant fighting with the government) and bail out the rest.

[SpicyLemonZest]

I guess I'm not sure why you'd expect it to be any different than the dotcom bubble, when this didn't really happen. "Too big to fail" is a thing in finance because of contagion factors that don't really apply to tech; there's no number of AI company bankruptcies that would force your bank to suspend withdrawals.

[uejfiweun]

The reason is because AI is viewed by the powers that be as inexorably linked to national security. If you haven't noticed, every lab out there has the same excuse when pressed about the disruption caused by their technology - "we do it or else China does."

[1986]

https://en.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Ban...

[SpicyLemonZest]

I'm not sure what you're trying to imply with this link? As the first line of this article says, Silicon Valley Bank failed. The shareholders were wiped out. (Some people got confused because the Twitter conversation was primarily driven by rich VCs and founders who were depositors of the bank, quite reasonably arguing that they should get their money back if at all possible.)