alt Hacker NewsI 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.
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The public has been apathetic about every single thing and will just continue scrolling their TikToks
Public anger is a very pre-smartphone thing. You don’t worry about those sort of things when you’ve hyperoptimized the circus and made the bread cheap enough
> I don’t know if the public would be as accepting of a bailout for AI companies
That's putting it mildly, IMO.
An AI bailout would be a poison pill that would electorally doom whichever party was behind it for decades.
Socialise the losses, privatise the profits.
The public is not "accepting" if a large number of things that US governments do nevertheless. I don't think that gets even factored in nowadays.
Until the public is willing and able to bring immediate consequences at scale to C-suites, boards, and billionaires, what the public accepts doesn't really matter.
Society is already being rewarded from the investments AI companies have made. These investments have created something so valuable that society is paying billions of dollars for the product they are making. Even without access to the raw weights, the option of being able to pay for access to these models has tremendous value to society that can not be ignored.
> I don’t know if the public would be as accepting of a bailout for AI companies
It won't be framed as bailing out the AI companies. It will be sold to the public as bailing out their pensions and investments.
It's all about the marketing...