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109

Taxpayers Must Not Be on the Hook for Bailing Out the AI Industry (truthout.org)

submitted 3 days ago by rss@news.abolish.capital to c/pravda_news@news.abolish.capital

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The U.S. economy is heading toward uncharted territory. Artificial Intelligence (AI) is transforming business operations and all areas of finance, the national debt is on an unsustainable fiscal path, and most middle-income Americans cannot keep up with rising costs. Moreover, as hundreds of billions of dollars are flooding into artificial intelligence, there are serious concerns that an AI bubble…

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[–] Two_Hangmen@midwest.social 15 points 3 days ago

"Too big to fail" will continue to be the mantra of socializing costs while privatizing profits, and the idiots of this country will continue to vote for it.