I’m not sure government can. AI isn’t a profitable company with a product that people want which has a short-term cash flow problem, AI is a money pit that will just burn up as much cash as you can pour in.
If they hand AI firms a trillion dollars, they’ll be back for another trillion next year.
Yeah. Automotive, insurance, and banking were industries when they collapsed in 08. They kept making bad calls (and automotive has continued to do so immediately after the government stopped forcing them not to), but the industries were bailed out because the consequences of not having them would be disastrous to the US economy.
Unfortunately I do think a lot of the government feels not having AI dominance would be disastrous for the US economy so it could easily become a fight.
I’m not sure government can. AI isn’t a profitable company with a product that people want which has a short-term cash flow problem, AI is a money pit that will just burn up as much cash as you can pour in.
If they hand AI firms a trillion dollars, they’ll be back for another trillion next year.
Yeah. Automotive, insurance, and banking were industries when they collapsed in 08. They kept making bad calls (and automotive has continued to do so immediately after the government stopped forcing them not to), but the industries were bailed out because the consequences of not having them would be disastrous to the US economy.
Unfortunately I do think a lot of the government feels not having AI dominance would be disastrous for the US economy so it could easily become a fight.