Uncle Sam considers buying a seat on the Titanic

｢ The US government's reported interest in AI companies might be interpreted in a similar light, as a bailout for companies that have committed to spend heavily on data centers before demand has been demonstrated and pricing has stabilized. With OpenAI and Anthropic preparing to go public, the White House would do better to wait before placing its bet ｣

https://www.theregister.com/ai-and-ml/2026/06/09/uncle-sam-considers-buying-a-seat-on-the-titanic/5252598

#ai #bailout #trump #uspol #corruption

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