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talldayo01/22/20253 repliesview on HN

It's a fair comparison. Stargate is fundamentally about two things - America's industry needs a cash injection, and we're choosing a completely hype-dominated vein to push the needle into.

Problem is, the parent comment is right. Even if you think student loan mitigation has washy economics behind it, the outcome is predictable and even desirable if you're playing the long-game in politics. If not that, spend $500,000,000,000 towards onshoring Apple and Microsoft's manufacturing jobs. Spend it re-invigorating America's mothballed motor industry and let Elon spec it out like a kid in a candy shop. Relative to AI, even student loan forgiveness and dumping money into trades looks attractive (not that Trump would consider either).

Nobody on HN should be confused by this. We know Sam Altman is a scammer (Worldcoin, anyone?) and we know OpenAI is a terrible business. This money is being deliberately wasted to keep OpenAI's lights on and preserve the Weekend At Bernie's-esque corpse that is America's "lead" in software technology. That's it. It's blatantly simple.


Replies

epolanski01/22/2025

> America's industry needs a cash injection

Does it? Seems overflowing with it.

piltdownman01/24/2025

>>the Weekend At Bernie's-esque corpse that is America's "lead" in software technology

Compared with who exactly? Certainly not EMEA. Korea is mainly hardware and China has run out of IP to copy.

JumpCrisscross01/22/2025

> completely hype-dominated vein to push the needle into

One, you’re not getting MGX and SoftBank to pay off student debt.

Two, if they do what they say they want to, they’ll be building new power generation, transmission infrastructures and data centres. Even if AI is a hype, that’s far from useless capital.

> money is being deliberately wasted to keep OpenAI's lights on

OpenAI is spending their own money on this.

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