• IninewCrow@lemmy.ca
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    6 天前

    Capitalize profits

    Socialize losses

    When things are going great, give everything to the rich … when things eventually go badly, let the poor pay for everything. Why would the world want to hurt or take away the rich man’s wealth?

    • chiliedogg@lemmy.world
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      4 天前

      The democratic House resolution is basically an opinion letter. It’s no different than when they pass a resolution declaring that Christmas is a special time of year.

  • gedaliyah@lemmy.world
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    6 天前

    Let’s see, Anthropic is about a trillion, OpenAI is about a trillion, AMD is about a trillion, SpaceX and Meta are two trillion each, Amazon is 3, Microsoft is 4, Google is 4, Nvidia is almost 6… So something on the magnitude of a $20 trillion bailout?

    The USA budget is only a quarter of that. The entire federal budget.

    This is going to be fucked, isn’t it?

    • Noite_Etion@lemmy.world
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      6 天前

      They’d have to incinerate Social Security, defund every school, let infrastructure rot, and hyper-inflate the dollar into worthlessness just to keep Wall Street’s AI bubble afloat… Which is beyond fucked.

      Welcome back to life as a peasant.

      • TheObviousSolution@lemmy.ca
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        5 天前

        Welcome back to life as a peasant.

        Which is sort of what their glimpses of post-AI jobs in the future they could actually substantiate suggest. It’s all a big heist from the wealth of the people into the pockets of the wealthiest using the smoke and mirrors of a “democratic” government, fueled by the possibility of them no longer having to placate human societies in any way if AI and robotics becomes advanced enough.

      • anton@lemmy.blahaj.zone
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        5 天前

        At current 20y US Treasury rates, that wouldn’t even cover the interest, growing the principle by tens of billions.

    • Buddahriffic@lemmy.world
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      5 天前

      AMD is cash positive. They have 2 billion long term debt but hold 13 billion cash (as of June 2026). Where are your numbers coming from? AMD’s market cap isn’t even quite a trillion and market cap is just last sale price multiplied by total shares.

      • gedaliyah@lemmy.world
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        5 天前

        Numbers are from Wikipedia.

        It’s certainly likely that not all of these companies will need a bailout. AMD and NVIDIA sell products that are generally useful and established, but it’s hard to say how much of any of these company’s value is tied into AI hysteria or contracts that will fall through when AI customers go belly-up.

        Yes, the bailout price is also not the same as valuation. I don’t think it’s outrageous to think that the coming recession will wipe out $20 trillion from the market, though.

  • SnarkoPolo@lemmy.world
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    6 天前

    Once again, the American middle class, or what’s left of it, will be the ruling class’s personal piggy bank.

  • Fluffy_Ruffs@lemmy.world
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    6 天前

    Under any other administration I wouldn’t believe such a thing would be a possibility. I can see Trump offering funds in exchange for relabeling products “Super AI”.

  • HertzDentalBar@lemmy.blahaj.zone
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    5 天前

    The difference between AI and The Auto Bailouts is the auto bailouts actually required repayment, and was to protect real jobs and real industrial knowledge.

    This AI bubble won’t be able to bailed out, it’s not real, it’s not jobs, it’s nothing but fake numbers, there’s no chance they can ever repay anything and the knowledge is already mostly public and can be recreated without wasting billions more to forward the tech.

    And if they do bail them out… It means money actually means nothing and Americans should just burn down their government.

    • bountygiver [any]@lemmy.ml
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      5 天前

      ya every time we got a big drop graph it’s usually in relative to the lowest 3 months ago and often the graph looks deceiving, but this time it is actually a big drop.

  • Pappabosley@lemmy.world
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    6 天前

    Their IPO’s are already socialising the debt they gathered, right into your stock portfolio/ retirement fund

  • Gammelfisch@lemmy.world
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    5 天前

    …and the AmeriKans continue to tell the world how much they despise SOCIALISM. Go pee in the wind.

  • shalafi@lemmy.world
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    6 天前

    I can’t see them getting bailed out. That would be political suicide for either party. AI companies aren’t creating jobs, they manufacture nothing (like autos) and they’re not our financial backbone (like banks).

    • countvon@lemmy.world
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      6 天前

      They tech companies themselves likely won’t get a bailout, but don’t rule out the Fed warming up the ol’ money printer. All the borrowing for data centers, where do you think they’re borrowing from. Banks, insurance companies, bond investors and private credit funds. Those first two are the key. If a too-big-to-fail bank or insurance company gets jammed up by their own bad loans to hyperscalers, you best believe they’re going to the Fed, hat in hand, asking for another bowl of that sweet, sweet quantitative easing.

    • explodicle@sh.itjust.works
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      6 天前

      Would it still be political suicide if it was bipartisan? They’ll make up a million stupid reasons, unleash their army of bots to promote it, and try the same thing Facebook did in 2016.

      • Ensign_Crab@lemmy.world
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        6 天前

        We’ll be told that democrats and republicans both support bailouts, but that we have to support democrats because republicans worse. On a dwindling number of policies democrats never fight for.

    • jj4211@lemmy.world
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      6 天前

      They already have had trump rumbling that they are key to “national security”. So clearly getting ready to bail them out.

      • shalafi@lemmy.world
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        4 天前

        I did indeed catch that rumble! He was clearly fed that line as part of the setup for a bailout.