They should let these clowns fall on their faces and not subsidize them.
this post was submitted on 02 Jul 2026
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We all knew it was coming, it was just a question of how.
Oh good, so the taxpayers will be on the hook both for the collapse of the financial markets and now the government too when AI shits the bed.
Engineering their bailout in advance.
Have some.... For free... You'll like it.
Fuck this
AKA "We don't want to be stuck holding the bag"
Yeah, I can't wait until I have to foot the bill for another (completely predictable and avoidable) bail out.
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(3 replies)
The people: we want more socialized policies and government controls over big tech.
Govt: We are turning the US Government into a tech company
The people: No, not like that.
lol Bernie was talking about 50% and their counter is apparently 5%. What’s say we meet in the middle with… oh, 55%? (math by ChatGPT)
It's a bad investment. Not an investment at all. Wait until they shit the bed, destroy the economy, and seizse the assets.
There is no “investing”, they stole the IP so they owe the People a 50% stake. If the whole company is only worth $100 in a year then the American people will get to split the last $50 amongst ourselves, not be on the hook for bailing out yet another failure.
My question is if there's a stake to be had in the first place. We can't keep absorbing their failures like we did X and xAI through the SpaceX Nasdaq scam. We need a stake without assuming the risks. The public already had the IP and are under no obligation to accept risks assumed by a bunch of entitled rich guys.
I guess "stake" is only meaningful when it's defined as profits and not losses, since the public never agreed to the risks of potential losses and the billionaires are just stealing IP.
IDK what exactly you’re not understanding but I suspect it’s the difference between a gift and a purchase. The US will not be purchasing this 50% stake in OpenAI with additional money. It will be free. It was technically paid for with all the (not public) IP they used to create these models in the first place.
When you get something in return for nothing, that something is always a positive value even if it’s just a fraction of what it started as.
Bernie talking about that is interesting context but I wouldn't expect the Trump admin to do anything similar to what he wanted with this anyway. 50% would be a terrible thing if it meant these goons get control...
Saw it coming. Corporate socialism for a failed industry to be used for government surveillance and weapons.
Privatize profits, nationalize debt.
This dude is on the list 
Government buys worthless overhyped shit, bailing out investors....
By government you really mean the Orange, right.
Bribing in advance. Professional right there.
Where is the NYT economists telling us what a great idea this is?
They're currently taking bids to see whose side they're on.
Isn't this a move out of China's playbook?
No. This is a Murican as it gets. Big company gets greedy, goes bankrupt as its bosses make bank. Big company then gets bailed out with taxpayer money. The bosses make even bigger bank.
It's actually kind of funny, because US liberals and conservatives SCREAM at the top of their lungs that 👏 Europe 👏 shouldn't 👏 get 👏 to 👏 subsidize 👏 new 👏 industries 👏 or 👏 technology 👏...
But bailouts? That's not a subsidies for failing companies (see Detroit motor city bankruptcy), that's just giving "wealth creators" a helping hand because they're "too big to fail" (monopoly, duopoly, triopoly, monopsony, oligopoly) so they can "trickle down" those subsidies to the economy...
Wait, what's that? They usually just give themselves bonuses, leverage the shit out of the stocks and squirrel away the money in Cayman Island bank accounts? It's happened many, may times already?!
Such free market. Much competition.
I don't know what gives you the impression that the American people want bailouts. Nobody I have talked to about this or any of the other bailouts the American Government has done had been cool with it.
Yes, I am talking about the government, that is the liberals and conservatives - that is the Democrats and the Republicans. They are supposed against subsidies, except when they aren't - that is bailouts is technically a subsidy.
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