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Ocasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Grow
(www.commondreams.org)
this post was submitted on 19 Nov 2025
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politics
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Yes. Which is why I specifically mentioned the need for grants and incentive programs to allow those companies and research groups/universities to pivot.
Because, yes, we very much need better social programs. But there are going to be a LOT of people out of jobs. And a LOT of early career/new grads who just spent the past 4-8 years of their life literally training themselves to do what the government et al demanded of them. And they'll be shit out of luck.
All of which will very much overwhelm whatever half-assed social programs we rapidly implement.
Like... to be blunt, what you are suggesting is very comparable to the "trump healthcare plan" of giving every 2 grand and telling them to figure it out themselves. On the surface, maybe that sounds nice. But that is not much of an insurance premium and would get cleaned out the first time someone gets sick. It is not a solution.
The reality is that we desperately need actual social safety nets and we have needed them for decades at this point. But "We'll figure something out in a few years, for real this time" doesn't help people in even the medium term.
Sending everyone 2 grand would be much more effective than spending the equivalent amount of money on a corporate bailout. A corporate bailout would do nothing to help all those people out of jobs. They don't have stocks. They don't have useful skills, if they're trained for AI specifically.
2 grand is not enough, but it would absolutely be more useful to give the money to them than to give it to their employers.
The democrats absolutely should oppose a corporate bailout. I have no faith that they would actually do that, but they should.
I also highly doubt that Trump would actually follow through on that 2 grand thing.