A year from now, when $NDX is testing 11,000, Congress can allocate some of that $32bil to bail out a few tech giants, who'll have posted record losses during the AI bubble.
"We're from the government and we're here to help!!" Run like hell! Great post Mr Carter! Nothing Chuck Schumer does benefits anyone but the governmental leviathan! It'll be interesting to see how this nonsense plays out.
Some thoughts here: Subsidization, Regulation, and AI
https://chicagoboyz.net/archives/70988.html
The post and the comments to it are excellent. Thanks for linking to it here.
In this case, I think the UniParty wants more power over the future of the economy. This isn't a subsidy, it is a power grab.
It's both.
A year from now, when $NDX is testing 11,000, Congress can allocate some of that $32bil to bail out a few tech giants, who'll have posted record losses during the AI bubble.
perfect.
"We're from the government and we're here to help!!" Run like hell! Great post Mr Carter! Nothing Chuck Schumer does benefits anyone but the governmental leviathan! It'll be interesting to see how this nonsense plays out.
I should have linked to this: EPA regulations choke AI in its tracks https://robertbryce.substack.com/p/epa-emissions-rule-will-strangle-ai-in-the-crib?utm_source=post-email-title&publication_id=630873&post_id=144707120&utm_campaign=email-post-title&isFreemail=true&r=ixt4&triedRedirect=true&utm_medium=email
Part of the plan. Big Government creating a problem to "solve".