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Ocasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Grow (www.commondreams.org)
submitted 11 months ago by [B] to c/lefty_news@ibbit.at
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[–] 1 point 11 months ago (1 child)

Avoiding a bailout is going to be difficult, mostly because the incestuous money-cyclone of the AI industry is the only thing propping up the GDP.

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  • [–] 3 points 11 months ago

    We are already in a recession in all but name. Employment is down, manufacturing is down, the inly thing that is holding the economy up is the inflated valuation of a handful of companies that went way long on AI.

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