Industry actors have started dropping hints that the industry might seek government assistance.

These are not the sort of statements one would expect from people confident about their industry’s financial strength. They are, however, exactly what one might expect from people who suspect their industry will need a bailout.

The #AI #bailout movement thus has begun. We should expect AI bailout pleas to increase in frequency and urgency.

https://www.openmarketsinstitute.org/publications/no-bailouts-for-big-tech-billionaires-policies-for-when-the-ai-bubble-bursts #Speculative #Bubble