To disarm the big tech bomb, including “AI”, the public needs to be on high alert — as AI firms start to visibly wobble, we need clear demands and firm commitments from our leaders that if it all comes crashing down, the public won’t be the one left holding the bag.
It will happen. I was browsing this while logged out and can’t respond to the person I would like to because they’re invisible to me. The thing about bailouts is that they will likely go to the big dogs and not the actual AI companies. Microsoft, Meta, Google, NVIDIA, Amazon… They’ll get bailed out. OpenAI and Anthropic will get consumed/sold off. We’ll likely see a bidding war for their assets because while they are over valued, they are not without value, and since most of us believe all of this is a push is for cloud computing I would bet. The bubble pop will be consolidation and a push for more cloud-based saas infrastructure.
My opinion has been that all this AI bubble noise has basically just been the R&D phase of a larger rollout. I would be concerned with which company ends up with those assets because that will be a big indicator of future plans in the sector.
Oh, I don’t think you should include Meta on that list. I have a sneaking suspicion they’re going to be the Lehman Brothers of this crash.
You know…that’s fair. I can see Musk trying to take Meta. or Google.
This is what see happening too, just like the last time we did a big bailout for the banks. Wells Fargo, B of A, and JP Morgen Chase got to pick off the littler guys like Wachovia and Washington Mutual and they also got to get get tax payer funds to cover their losses.
Cloud-based saas infrastructure is the bailout. Anything else on that is gravy.