If you’re talking the US government, then no, they don’t need political capital from the people, they just need capital capital and they can use that to swing elections and bribe politicians.
Comment on Even Silicon Valley Says that AI Is a Bubble
MoogleMaestro@lemmy.zip 4 days ago
Can’t read the whole article because of paywall.
But the implication that AI is a “good bubble” is pretty rich, as I think that the degree at which they’re ripping people off left-right-and-center by stealing their information will become less palatable to the US government once it’s clear that they caused the market to tumble. They’re literally dependent on the idea that people think AI is “irreplaceable” to the daily lives of most people in order to withstand a crash in terms of political capital, which I think they’re very far from establishing at this point.
masterspace@lemmy.ca 4 days ago
DrBob@lemmy.ca 4 days ago
The argument that the bubble is good because some people will become really rich while a lot of people suffer just seems genuinely stupid.