this post was submitted on 02 Jun 2026
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First of all, fuck no. Remove all of the AI companies. Now. Secondly, this will guarantee they become "too big to fail". Like, it feels as if they're purposefully doing this to make it palatable to bail them out.
I agree. No public funds should go to AI. No taxpayer money should be used to construct AI or datacenters. When the AI companies start to collapse, they should receive no bailouts.
Bailouts are corruption. Why do the rich get socialism and the rest of us get crushing capitalism? When we fail, we get stepped on. When the rich fail, they get billion dollar bailouts? But they claim they deserve to keep all their riches because they worked hard for it?
I could be a billionaire oligarch too if all of my failures were compensated for with billion dollar bailouts. It's not hard to succeed when you are elevated to the heights of the gods every time you face a little adversity.
I think the intention is to get the profits of automation to the people when more jobs are inevitably automated.
It is, but unintended consequences.
With this, then we couldn't afford Sam Altman to experience failure because he will drag folks down with him. So the companies invested become too big to fall, and the still private leadership gets to run things however they wish knowing the government will cover for any mistakes.
It's bad enough as the government will panic about retirement accounts when they falter, this exacerbates it.
It's a risky form of private-public partnership, with a lot of ways the company can privatize rewards but socialize the risk.
well said. The problem is they are overvalued anyway..... so we take half of a trillion dollar company that only worth 30% of that number, so we take a big ass loss. unless we are just straight up taking half and there's no compensation provided. can't imagine the SRCOTUS riding with that policy.
This feels like a setup to the biggest rug-pull in history. The whole thing is going to shit and the taxpayers will be holding the bags.
Bruh they are working on deregulating debt swaps so they can hide how much leverage is going into these build outs. Trillions of dollars of data centers with mortgages and rent to own NVDA chips. its looking like the greatest scam of all time rn.
I think it makes sense. The bill will be paid off from taxes, so it makes sense that the bailout comes with company stock transfer to workers.
It's fair for many reasons. One of them is that billionaires and corporations don't pay taxes.
What about, instead of 50%, make the bailed out company be 100% owned by the people - not the government, the people.
By the time the public own it, it will be a liability, not an asset. I've seen my government purchase a telco's entire infrastructure only to immediately write it off.
Just set it on fire already.
yep lol and thats how it will work. we'll get a bunch of data centers with a 5 year lifespan and 30 years of debt strapped to them.