I would be less concerned about Sanders and more about Trump, Vance and Hegseth and their oligarchs. They totally ruined the reputation of the USA and they are about to deconstruct democracy and freedom in the USA. They need to be taken out not matter how.
"europoors" aren't the only ones with eyes. Vance is also a tranny that dressed in drag when he was younger. The rest of Trumps crew are bolshevik pdf files.
Add that a chunk of GOOGL and other companies earnings was valuation increase in their investments in anthropic, openai etc. If those valuations come down it will pressure the earnings in the future, especially post IPO decrease
Through taxes, the government doesn’t care who wins, but directly benefits from the success of the ai sector. Ownership means the gov is picking winners and losers. We are on a dangerous path towards socialism and it’s mindblowing how “conservatives” have embraced it.
Calling everything you don't agree with socialism isn't the way to win an argument. Didn't Donald trump save companies during COVID crash by pumping money directly to them?
US infrastructure sucks donkey balls. It's been very underwhelming since moving here.
Not everything is solved best by free markets and zero regulation.
And yes in many things when the gov interferes, they break and burn and it turns into an endless pit of fraud.
But like I said, Israeli defense industry is an example for something state owned, in a country with far less funding, that outperforms all "free market" companies in the EU and most in the US.
Defense companies sell to….governments. Defense is completely different. It’s a slippery slope handing money to specific companies for equity who don’t do the majority of business with the government.
Saying that it’s the governments responsibility to ensure AI is won by the US and benefits the American people is socialist, period. You don’t believe in free markets to do its job. You believe we NEED the government to intervene and direct companies, that these companies aren’t strong enough, innovative enough to do it by themselves. And that customer demand isn’t enough signal that the product is benefiting society.
@Shrub you would like Bittensor I think. Not 0DTE, but in the spirit of what you laid out here in the piece. Worth looking into and who knows, you may find it attractive in terms valuation if you note where it sits today and zoom out. Hint: VAL
Shrub and Chamath agreeing…We have crossed the event horizon
I would be less concerned about Sanders and more about Trump, Vance and Hegseth and their oligarchs. They totally ruined the reputation of the USA and they are about to deconstruct democracy and freedom in the USA. They need to be taken out not matter how.
ok europoor.. brainwash is a powerful tool 🤷🤪
Trump is a fat tranny.
"europoors" aren't the only ones with eyes. Vance is also a tranny that dressed in drag when he was younger. The rest of Trumps crew are bolshevik pdf files.
ok 🤷🤡
Trump wears make up and has breasts.
You probably date "men" like that.
Where I come from that is a tranny.
Add that a chunk of GOOGL and other companies earnings was valuation increase in their investments in anthropic, openai etc. If those valuations come down it will pressure the earnings in the future, especially post IPO decrease
On the topic of gov investment.
If we believe AI can (1) lead to mass unemployment due to replacing human labor, and (2) have a military impact like the Manhattan project.
Why doesn't it make sense for the gov to have some ownership?
Majority ownership is probably not the right way. But some decent percent to ensure the public has some say + can profit in the long run. Why not?
Not the best example, but Israeli Refael is gov owned and not publicly traded.
Israeli gov has stake in other defense companies too.
I get the analogy. But it's very far from being the same.
100% corporate income taxes is not the same as 100% ownership stake.
Through taxes, the government doesn’t care who wins, but directly benefits from the success of the ai sector. Ownership means the gov is picking winners and losers. We are on a dangerous path towards socialism and it’s mindblowing how “conservatives” have embraced it.
I don't think the gov needs to care who wins.
It needs to care that a company in the US wins and that their solution benefits the American people.
Sounds a lot like socialism, bro
Calling everything you don't agree with socialism isn't the way to win an argument. Didn't Donald trump save companies during COVID crash by pumping money directly to them?
US infrastructure sucks donkey balls. It's been very underwhelming since moving here.
Not everything is solved best by free markets and zero regulation.
And yes in many things when the gov interferes, they break and burn and it turns into an endless pit of fraud.
But like I said, Israeli defense industry is an example for something state owned, in a country with far less funding, that outperforms all "free market" companies in the EU and most in the US.
"Israeli defense industry"
Someone needs to look into who funds this?
Defense companies sell to….governments. Defense is completely different. It’s a slippery slope handing money to specific companies for equity who don’t do the majority of business with the government.
Saying that it’s the governments responsibility to ensure AI is won by the US and benefits the American people is socialist, period. You don’t believe in free markets to do its job. You believe we NEED the government to intervene and direct companies, that these companies aren’t strong enough, innovative enough to do it by themselves. And that customer demand isn’t enough signal that the product is benefiting society.
The government already has a stake in every company, directly it’s called corporate income taxes and indirectly, income taxes and payroll taxes
GM!
Lol. So much winning
Appreciate the warning Shrubma :-)
And I never thought I'd agree with Scamath but hey we live in an upside down world!
The amount of pro socialism “but, but, but…” comments here is staggering.
Scam Altman just filed for his IPO! Get out those straws b/c liquidity is gonna suck even more
Let's get the CloudBear on here to really let it rip
Read Brave New World.
Its been in plain sight the entire time.
@Shrub you would like Bittensor I think. Not 0DTE, but in the spirit of what you laid out here in the piece. Worth looking into and who knows, you may find it attractive in terms valuation if you note where it sits today and zoom out. Hint: VAL