Aside ofcourse from becoming profitable, which will take awhile. They will likely run out of money first before that happens.

    • wabafee@lemmy.worldOP
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      1 month ago

      They don’t have to they just need funds to invest in them to hostage the economy.

      • eleijeep@piefed.social
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        1 month ago

        So it should be the pension funds that get bailed out, not the snake-oil company they invested in.

    • baggachipz@sh.itjust.works
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      1 month ago

      They are useful, as a way for rich people to get richer. They will absolutely get bailed out so that we “don’t lose the AI race to China”.

  • hendrik@palaver.p3x.de
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    1 month ago

    I think they’re way ahead of you. Why wait for some point of failure? They can get taxpayer money right now. Just buy the corrupt president and have him funnel half a trillion dollar towards you, and you won’t ever fail?! And taxpayer money is reliable income… Speaking of that. What’s the current state of Project Stargate? I rarely see it on the news, because there’s just so much other stuff going on and wasting $500 bn is probably not newsworthy compared to that?!

  • teft@piefed.social
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    1 month ago

    The CFO has explicitly said that and then walked it back a few days later. She wanted a “government backstop” on their investments so they wouldn’t fail.

  • z3rOR0ne@lemmy.ml
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    1 month ago

    I’m skeptical of this. Ed Zitron laid out exactly why this is unlikely on his Better Offline Podcast last December, and I would generally agree with his assessment in regards to the argument.