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AfricanExpansionist

AfricanExpansionist@lemmy.ml

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    It'snot aabout paying out of pocket for losses. It's about badly run companies getting bailed out by a public investment scheme

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    OK how does my point get negated? AI will never be profitable. It costs too much. This will just socialize all the losses

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    1. AI companies at present are all privately held. There are no shareholders 2. My point is that this move lets these reckless and wasteful companies off the hook for their behavior