💯 That's why they're positioning themselves as too big to fail

And yet it will be funded.

They'll get their funding. There's too much profit to be made from putting people out of work.

The bubble will burst like every other bubble

Doing some research on the AI bubble on blue-pilled, mainstream media websites, and it turns out the bubble is much worse than I thought. > "Analysis: OpenAI is a loss-making machine, with estimates that it has no road to profitability by 2030 — and will need a further $207 billion in funding even if it gets there" Interesting... Who keeps funding this "loss-making machine" with billions of dollars. These people must be really stupid. Maybe I should start a "loss-making machine" company and get funded for billions. What do you think are the requirements? Can't be that hard. Or could it be that there's more to the story — maybe profitability is not the main goal? Maybe they're rolling out AI governance? No... that would be crazy. View quoted note →

Government backstop