this post was submitted on 04 Mar 2026
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Fuck AI
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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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I don't think you can really bail OpenAI out tho. The bailout worked in 2008 because the government could just buy the 700 billion of "toxic assets" and the financial institutions would return to a self-sustaining state of affairs, like they had been before making a bunch of really risky bets on mortgages. If you gave OpenAI 700 billion they would burn it at an unfathomable rate and still lose money because their underlying business model isn't functional - they only lose money. OpenAI is the toxic asset here. A bailout of them would be more like if the government had paid all of the delinquent home-owners' mortgages for one month; Next month they would be unable to pay again.