I think it was either Chapo or True Anon, but they had a guest on to talk about OpenAI and the possibility of a bailout and he made the point that there’s nothing really to bail out in the 2008 sense.
There’s property, sure, but most of the land that data centers are built on aren’t owned by OpenAI so that’s not an option.
The chips are basically only useful for AI so he doesn’t see the government buying up a bunch of worthless hardware.
It’s just the market value that will be lost and that’s not something they see the Trump administration stepping in and just propping up a bunch of tech stocks. Which isn’t really a thing that you can do in the sense of “saving” these companies.
Please! God damn, I hate this hacker shit!