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[+] 82 points 2 months ago (12 children)
  • [–] 8 points 2 months ago

    Yeah so being progressive means being able to take criticism. Even seeing the value of it.

    And yeah, this is a dogshit thing to say by Bernie. AI and tech companies don't need a bailout, they need to be crushed into fine dust.

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  • [–] 7 points 2 months ago*

    Communists tend to be critical of social democrats, considering the question of advancing to socialism or reforming capitalism is an irreconcilable schism. It's absolutely organic.

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  • [–] 6 points 2 months ago*

    Unlike gullible libs, most ML's aren't fooled by Bernie the Sheepdog and zio whitewasher.
    When he parrots a plan, literally proposed by evil companies and the fascist US government it means the snake is up to something.
    As I explained in another reply here.

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    [–] 27 points 2 months ago

    I’d like the American public to own the percentage of ownership stake as the portion of public monies that went into the development of drugs owned by for-profit companies.

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  • [–] 24 points 2 months ago* (3 children)

    Yeah.

    Not gonna lie, it was a terrible idea from him.

    The first thing the AI Bros want, and the absolute last thing I want, is for my country and social security to get entangled in a pyramid scheme.

    I’m all for collaborative AI effort (like China) or some national funding to train open models as a utility (like Europe is trying but kind of struggling to get together). I’d be alright funding “infrastructure” companies like Huggingface or Cerebras, or maybe AMD/Intel with very very specific conditions. But Bernie’s proposal is basically the worst of everything.

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  • [–] 12 points 2 months ago

    The first thing the AI Bros want, and the absolute last thing I want, is for my country and social security to get entangled in a pyramid scheme.

    i've got bad news for you then... 🧑‍🚀🔫🧑‍🚀

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  • [–] 8 points 2 months ago

    Not gonna lie, it was a terrible idea from him.

    It wasn't his idea.
    https://www.whitehouse.gov/presidential-actions/2025/02/a-plan-for-establishing-a-united-states-sovereign-wealth-fund/ https://techcrunch.com/2026/04/06/openais-vision-for-the-ai-economy-public-wealth-funds-robot-taxes-and-a-four-day-work-week/

    Knowing that the US government and these evil companies are already working together and have each other's backs I can not imagine they will allow simply handing over 50% as Bernie suggests.

    My guess is it sounds more positive and harmless when it's suggested by the man of the people, and fighter of oligarchies.
    He is priming the public.
    After some debates and discussions I see the final result being that wealth fund INVESTING and BUYING 50%.
    And even then Bernie will sell it as a great deal.
    He talks about "the trillions of dollars potentially generated by A.I. are used to improve the lives of all of us"

    Of course the reality is there are no profits, on the contrary, they have massive debt.
    Billions invested and for little return.
    Plenty experts say stock is highly overvalued and the AI bubble will burst, another 2008 disaster waiting to happen.

    If they want to sell now it means the stock is at his highest price and that crash is not far.
    Dumping 50% of that stock on the taxpayer will make some rich people even more rich and the public will be left holding the (empty) bag.

    It's a pre-emptive bailout, nothing more.

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    [–] 18 points 2 months ago

    "Means of production't"

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  • [–] 15 points 2 months ago (1 child)
  • [–] 15 points 2 months ago (9 children)

    All for nationalizing the tech companies but don't pay the billionaires to do it.

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    [–] 14 points 2 months ago

    This is a bailout with extra steps and bag holders.

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  • [–] 10 points 2 months ago

    Doubt it will happen but if it did they will blame the inevitable bubble pop and depression on socialism.

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  • [–] 5 points 2 months ago (1 child)
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