this post was submitted on 08 Nov 2026
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If there's one thing the response to the 2008 Crash taught the people which have most of the money is that governments can and will have the general population endure massive pain in order to save the value of the Assets of the billionaires (and thus their wealth) and people won't do jack shit about it beyond a few demonstrations where they peacefully complain and still get assaulted by some of the most violent and sadistic pigs around.
So I expect this is entirelly about a change in the expectations of how likely public money is going to be used to save AI "investors" and AI companies (all that paid with Austerity for the riff-raff) from all the reckless done by those companies and not at all about those with all the money suddenly discovering that the industry was reckless - I'm pretty sure they were well aware of that already.