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Commentator likens AI industry to Ponzi scheme, warns against taxpayer bailout

By PulseAugur Editorial · [1 sources] ·

A commentator expressed skepticism about the necessity of public funding for the AI industry, likening it to a Ponzi scheme. The individual argued that the financial risks associated with AI development are being driven by greed and that taxpayers should not be expected to cover the potential fallout. AI

RANK_REASON Commentary on AI industry economics not tied to a specific event or release.

Read on Mastodon — fosstodon.org →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Commentator likens AI industry to Ponzi scheme, warns against taxpayer bailout

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Commentary on AI industry economics not tied to a specific event or release.
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opinion
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COVERAGE [1]

  1. Mastodon — fosstodon.org TIER_1 English(EN) · [email protected] ·

    @ lilithsaintcrow "There is no reason ordinary people need to pick up the tab for this particular Ponzi scheme." --Lili Saintcrow anticipating the burst of the

    @ lilithsaintcrow "There is no reason ordinary people need to pick up the tab for this particular Ponzi scheme." --Lili Saintcrow anticipating the burst of the Ai bubble. I, for one, would submit that the oligarchs, hedg-fiunders, and other grifters associated with the Ai boondog…

    LINKS raggedfeathers.com/@lilithsaintcrow

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