this post was submitted on 26 Nov 2025
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Fuck AI
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No bailout for AI
Let's get ahead of this. Fraudsters should go to prison.
If this bubble bursts while Trump is still in office, then they will absolutely bail them out. Fraud is the common denominator for all Trump's actions.
dems would bail em out too, money printer Powell was in power under Bush and Obama...that's no accident.
fact is the entire US economy is predicated on the idea our financial markets remain unregulated, so our country can act as easy exit liquidity for the rest of the world. That's been the underpinning of our entire economy since atleast the end of WW2
Powell was appointed by Trump 1.0
Powell was appointed as one of the Federal Reserve governors under Obama, I think that's what IronBird is referring to.
https://en.wikipedia.org/wiki/Jerome_Powell
Powell was chosen by Obama too, might have misremembered Bush.
I'm not sure government can. AI isn't a profitable company with a product that people want which has a short-term cash flow problem, AI is a money pit that will just burn up as much cash as you can pour in.
If they hand AI firms a trillion dollars, they'll be back for another trillion next year.
Yeah. Automotive, insurance, and banking were industries when they collapsed in 08. They kept making bad calls (and automotive has continued to do so immediately after the government stopped forcing them not to), but the industries were bailed out because the consequences of not having them would be disastrous to the US economy.
Unfortunately I do think a lot of the government feels not having AI dominance would be disastrous for the US economy so it could easily become a fight.
Moreover he can't have a losing economy now can he.
Take away the false number from the bubble and it already is.
To be clear, they're not fraudsters, exactly. They're hype men, and that's what stocks have been about for a while now. Who can hype their stock up the most.
And AI has been hyped, globally, more than any other stock in the history of the world so far.
The crash will happen, but it's not fraud. Not yet. They're playing a dangerous game of stock buybacks that led to the 2007-08 recession of the car companies originally.
It will happen here again. Stock buybacks sound great, and they're legal, but using them like the major 5 investors into AI have been, while again isn't illegal, is extremely risky for the company as the majority of their shares are now held by themselves, instead of getting you know, outside investors like the whole of the stock market is supposed to work.
It means there's no leverage and no diversification, so when the bubble pops, these companies that should have more on their balance sheets than just AI (like Microsoft, NVidia, and Oracle), will crater due to one part of their investment portfolio instead of just having a "setback".
This could literally end major tech companies in the US overnight without a Government bailout, or socializing their companies with government takeovers (won't happen in this admin without it going into trump's pockets though).
Hype isn't fraud in itself, but I'm convinced there's also massive fraud. I'm not a financial law expert but there must be safeguards against scams like this. It will be apparent once the bubble pops.
Leuke naam trouwens ;)
The problem is that the safeguards keep getting eroded. Companies really want to be allowed to make the gambles that tank the economy and so they push for them to be removed.
No doubt there is massive fraud. I just saw the article about the AI note-taking app startup guy who was jumping on calls himself and taking notes manually, providing those as the results of his "app". Somehow, I feel even he will get away with it.