this post was submitted on 17 Aug 2026
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You're kidding yourself. They're going to be bailed out by our fascist oligarchies, with contracts to use the data centers for totalitarian mass surveillance "to protect our freedom and national security".
Except the bailout at this point is more money than exists, you'd have to print so much money as to cause instant hyper inflation and cause an even worse economic crash that would take AI with it anyway.
The data centers will be deemed more necessary to keep track of all the possible dissidents caused by the hyper inflation
For a while, I thought their end-game was simply to get "too big to fail" before the bubble burst and get that bailout. But you are right - they either overshot or have some other idea in mind because now they are too big to bailout.