From space to telecommunications, the US has a long history of fostering technology for the public good. These AI models could be aligned to democratic values, not corporate profits
They are too big to not be bailed out; the loss absolutely will be a millstone around the budget for over a generation. This will cause a lot of suffering and make the rich richer and the majority of us much poorer
Edit: I was predicting what would happen, not what should happen. It’s very easy to state what the corrupted government will do. I in no way support what is surly inevitable by the wicked ones
They don’t have a viable business, bailing them out would be the real millstone around the neck of the economy, it would be a bottomless pit to throw money into.
That only applies to spaceX saps who bought after IPO fraud. The big owners of the 2 LLM companies are Google and Amazon. They can break even on their datacenters because just their stakes will probably reach $1T before saps get to hold the bag.
Failure can just mean that they need to slow down from the absurd expansion commitments. Saying there must be a bailout is saying that there needs to be 3x more datacenters by tuesday, even if fraud is behind that push. “We need to maintain the fraud for longer” means we need to make the bubble even larger so that bailing out the fraudsters when it pops seems bigger economic impact.
I would expect the Marxist-Leninist recommendation would be for such an institution to be founded by the state, and owned by the workers that created it. Instead, this would be a capitalist government using taxes on what little wealth the workers in a capitalist system have to sustain a failing business created by capital.
Why would an ML user support a capitalist bailout? Unless of course… the capitalism is coming from inside the Marxist-Leninist house! Ahhhhhhh!!
This is otherwise known as a TAXPAYER FUNDED BAILOUT. Socialize the loss, privatize the gain.
Let them burn in the fire they set.
They are too big to not be bailed out; the loss absolutely will be a millstone around the budget for over a generation. This will cause a lot of suffering and make the rich richer and the majority of us much poorer
Edit: I was predicting what would happen, not what should happen. It’s very easy to state what the corrupted government will do. I in no way support what is surly inevitable by the wicked ones
They didn’t even exist a few years ago. They can get fucked.
They don’t have a viable business, bailing them out would be the real millstone around the neck of the economy, it would be a bottomless pit to throw money into.
That only applies to spaceX saps who bought after IPO fraud. The big owners of the 2 LLM companies are Google and Amazon. They can break even on their datacenters because just their stakes will probably reach $1T before saps get to hold the bag.
Failure can just mean that they need to slow down from the absurd expansion commitments. Saying there must be a bailout is saying that there needs to be 3x more datacenters by tuesday, even if fraud is behind that push. “We need to maintain the fraud for longer” means we need to make the bubble even larger so that bailing out the fraudsters when it pops seems bigger economic impact.
Nothing is too big to fail
Is a balloon ever too big to pop?
No, let it pop, let it burn, let it rot, and lets learn the lesson this time
We must accept our consequences so that we can finally actually move foward
A forest needs fire to clear out undergrowth or the fire will be even bigger and more damaging next year.
Markets are the same. Either we let them die now or we have even worse problems when they die later.
I would expect the Marxist-Leninist recommendation would be for such an institution to be founded by the state, and owned by the workers that created it. Instead, this would be a capitalist government using taxes on what little wealth the workers in a capitalist system have to sustain a failing business created by capital.
Why would an ML user support a capitalist bailout? Unless of course… the capitalism is coming from inside the Marxist-Leninist house! Ahhhhhhh!!
Doesn’t matter; they’re never going to be profitable. That’s not the direction the field is headed.
So we can deal with it now. Or later, when things are worse.