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'Resistance is futile,' says Qualcomm CEO. AI agents will be become invisible, inescapable, follow you across devices (www.theregister.com)
submitted 5 months ago by to c/technology@lemmy.world
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[โ€“] 26 points 5 months ago (7 children)

They won't be eating shit, they'll be bailed out like 2008 and YOU will have to pay for it and therefore be eating shit

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  • [โ€“] 5 points 5 months ago* (last edited 5 months ago) (3 children)

    The scale of their fuckup is so large and so so costly that there literally isn't enough liquid cash floating in the economy to bail them out. We're talking TRILLIONS of dollars that would have to be pulled from the world and shoved into the tech industry simply to plug the hole for a short time. A bailout simply isn't in the cards if they want there to be a government moving forward.

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  • [โ€“] 5 points 5 months ago (2 children)

    A bailout simply isn't in the cards if they want there to be a government moving forward.

    I dunno how they feel about it... It could be a chance to establish "temporary" emergency powers.

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  • [โ€“] 2 points 5 months ago (1 child)

    Whether they want to seize power that way or not, the fundamental economic breakdown it would cause would immediately break off the loyalty of the people they'd need to enforce it. Most troops and cops aren't doing it out of loyalty, they're doing it to get paid. Moreover, their most ardent supporters would turn on them the second they stop being able to buy food.

    One way or another, it's simply not gonna happen.

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  • [โ€“] 3 points 5 months ago

    Didn't Trump want to devalue the dollar to make exports easier? Here's his chance. He could just tank the entire US economy like he tanked his casinos, making a select few filthy rich in the process. Then buy the dip and when the economy rebounds, him and his cronies will have another payday.

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