US is already 40Trillion in debt what's a few more zeros
this post was submitted on 30 Oct 2026
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...and the AmeriKans continue to tell the world how much they despise SOCIALISM. Go pee in the wind.
Profits are privatized, losses are socialized.
Looking closely at it, it is a system that brilliantly combines the disadvantages of capitalism and socialism.
I feel like people don't know that there are massive AI companies and labs outside the US just chugging along.
500 million? we can do better
AOC and Bernie Sanders are trying to pass laws to prevent bailout of AI.
Bailouts in general right??
We physically cannot bail them out, but it is highly preferable that we not die trying
Should pass right after the 1% get there's ensuring no one else can succeed after them
Let's see, Anthropic is about a trillion, OpenAI is about a trillion, AMD is about a trillion, SpaceX and Meta are two trillion each, Amazon is 3, Microsoft is 4, Google is 4, Nvidia is almost 6... So something on the magnitude of a $20 trillion bailout?
The USA budget is only a quarter of that. The entire federal budget.
This is going to be fucked, isn't it?
Maybe they can just Klarna it, there’s no interest right?
Remember, it will be a mere $10 down and Easy Payments^tm^ of one trillion a year over 20+ years.
They’d have to incinerate Social Security, defund every school, let infrastructure rot, and hyper-inflate the dollar into worthlessness just to keep Wall Street’s AI bubble afloat... Which is beyond fucked.
Welcome back to life as a peasant.
Don't worry, AI will still be around then to do all the thinking for us! It'll tell us how this was all for the best, and how we should be thankful to our overlords! We'd surely be making the best of a bad situation and not following a plan for this exact thing to happen!
Welcome back to life as a peasant.
Which is sort of what their glimpses of post-AI jobs in the future they could actually substantiate suggest. It's all a big heist from the wealth of the people into the pockets of the wealthiest using the smoke and mirrors of a "democratic" government, fueled by the possibility of them no longer having to placate human societies in any way if AI and robotics becomes advanced enough.
its considered acceptable to kill someone if they're trying to rob you. in america its considered rude to not use a gun.
I'm not sure how I feel about this. it usually feels disproportionate, but austerity and centralization have a very real death toll, so maybe it's not.
Capitalize profits
Socialize losses
When things are going great, give everything to the rich ... when things eventually go badly, let the poor pay for everything. Why would the world want to hurt or take away the rich man's wealth?
Intel lost 29%, 29!!! FFS it's incredible!
*billion
Once again, the American middle class, or what's left of it, will be the ruling class's personal piggy bank.
With what? We have nothing left
There is so much worse it could still get.
Your labor, of course.
Unemployed kek
Has that ever mattered?
Their IPO's are already socialising the debt they gathered, right into your stock portfolio/ retirement fund
Well, it makes it a nice bookend. After all, they got a bunch of taxpayer money to begin with, so it's only fair they get a bunch more at the end.
(Scummy, corporate welfare arseholes).
damn. maybe everyone involved in robbing us like this shouldn't be allowed to do that again.
Under any other administration I wouldn't believe such a thing would be a possibility. I can see Trump offering funds in exchange for relabeling products "Super AI".
His pitch was "Super Intelligence", because that's way dumber.
Oops that's right. Thanks for the correction. I'm somewhat relieved I half purged that term from my mind but when you're right you're right!
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And they'll get them. Because that's cruelest towards the people.
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