this post was submitted on 26 Nov 2025
259 points (99.6% liked)
Fuck AI
4652 readers
1393 users here now
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.