alt Hacker News2008 all over again, but instead of Washington Mutual and Countrywide, we have whatever the heck is going on now.
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stymaar • today at 6:05 AM
There has always been a magic money tree, but it's not for everyone.
2008 all over again, but instead of Washington Mutual and Countrywide, we have whatever the heck is going on now.
There has always been a magic money tree, but it's not for everyone.
I don’t know if the public would be as accepting of a bailout for AI companies… trillion dollar businesses that pushed technology with the goal of eliminating 50% of white collar workers… that isn’t really mission critical.
If they want the reward, they need to accept the risk when the bet doesn’t go their way. If they aren’t willing to accept that, they shouldn’t be making such big bets.