this post was submitted on 06 Jun 2026
688 points (99.1% liked)
Technology
85243 readers
4057 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Au contraire, it actually does! The same way the last four or five economic crises were handled - massive government bailouts for the affected sector.
It'll soften the blow for the common people's 401ks so they don't completely revolt, but the c-suite execs will get their big payoff and the asset buyup (datacenters, hardware, etc) in the aftermath will transfer an unimaginable amount of wealth into the hands of yet fewer people and dramatically increase inequality.
It's a shitty solution, and one that is not viable long term, but since it has worked so many times in the past, I doubt the government is going to change up their winning strategy. Especially not with the current clown cadre at the helm.