What's cool is we'll soon be propping these shitbags up with tax money, so the whole thing doesn't go bankrupt.
this post was submitted on 17 Jul 2026
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No worries, it's only American tax payers footing the bill and they voted for this.
People in the rest of the world will also be affected for at least two reasons:
- Pension funds throughout the world is invested in US big tech, and if these companies fall in value, so will their pensions.
- A financial crisis caused by US big tech could cause a US recession which will also damage the economies of the rest of the world.
Too big to fail. Privatize the profits, socialize the losses. Unless we can vote in enough representatives that won't put up with that absolute bullshit.
Is it borrowed money or is it actually fictional non-existent money?
Kind of an odd phrase, given that money as a concept is fundamentally both of those things at all times.
You know what? That's completely fair. We made it up, like the easter bunny.
The easter bunny made up money too?
I think it's both. They borrowed money on the future of AI.
Don't worry, it will be real money when you have to pay your part.
Or is it money that has now been turned into fictional non-existent money, because it was stolen from our own future, where it was previously being held (we thought) safely in trust for us. They're stealing the money from us. From our taxes, from our government funds and institutions, from our pensions. It's our money. At least it nominally was, before all this happened. We're being looted. The robbers are in our vault, they are packing our money into bags labelled "AI" as we speak.
The entire world is running on borrowed money
Which means someone is out there collecting the interest cost of all that magic money...
Guess who it is!
Satan. Capitalisms biggest fan, next to right wing christians
Hey, Satan got shafted. They asked some questions about the status quo, felt the hereditary monarchy was unfair, led a popular protest, and got exiled as a result. No more anti-Satan Jehovan propoganda.
Depends on if you look at the character from a Christian point of view, or as an outsider. Because from a objective point of view, he looks like the good guy in the bible. I was just telling my point from their point of view
Yeah, that title doesn't make any sense. Do they mean AI companies are moving from equity to debt financing? I can't get to the article (paywalled).
Credit is a huge part of the advancement of civilization. The "one treat now vs. five treats later" test is used as a measure of intelligence for a reason.
It's used as a test of basic intelligence, but it's also seriously incomplete and maybe a test of more advanced intelligence would be to have someone explain at least some of the many ways in which it's incomplete.
If I told you to let me have your 5 treats later so that I can turn them into more treats than there are particles in the entire universe and I'll give you half, you should probably call bullshit on that.
If I'm starving to death and I'm not going to survive until however much "later" is unless I eat one of those treats right now, then choosing "five treats later" would actually be the wrong choice.
This is not always a clear choice, either. The test is interesting, and it tells you a lot about how certain people think, but it isn't universal, and it doesn't actually prove anything. You need to understand and interpret why the answer makes sense in each context. And the context is always changing. We live on a changing planet. It is time to start thinking about how the context of "5 treats later" might have changed, and whether we are going to survive until whenever "later" is, and whether it is actually physically possible to provide all of those 5 treats in the hypothetical future that we are imagining.
Borrowed money, creative accounting, stolen data.
If we're counting training material and the environmental cost they're passing onto everyone else, also stolen money.
Soon it will be running on tax dollars. That's the only way this ends.
National security and such
Tech executives stuffing suitcases with the cash of average families pensions and 401k funds before saluting and running out the back door for their new mega yacht moored in the cayman islands.
So it's being acknowledged in the mainstream news now. That's going to be a bumpy ride in quarter 4.
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