Rooster326 comments on Bernie Sanders proposes bill to give the public a 50% stake in AI companies

Technology

89,597 readers

13,778 active

2,336 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 3 years ago

moderators

[–] Rooster326@programming.dev 25 points 5 months ago (5 children)

We are already holding the bag.

They are "too big to fail"

It is the de way

permalink

fedilink

source

parent

hideshow 5 child comments

[–] wewbull@feddit.uk 2 points 5 months ago (4 children)

They're very much not. They have high valuations, but very few employees. Very different to the banks (where the public would lose money) and the car firms (who employed large numbers of workers)

permalink

fedilink

source

parent

hideshow 4 child comments

[–] IndustryStandard@lemmy.world 2 points 5 months ago (3 children)

Guess where the publics money is invested?

permalink

fedilink

source

parent

hideshow 3 child comments

[–] wewbull@feddit.uk 2 points 5 months ago (2 children)

Pensions and other investments, yes.

Not current accounts which was what was at risk in 2008. When the bank goes bust you don't just lose money. You become unable to do anything financial, like get paid.

permalink

fedilink

source

parent

hideshow 2 child comments