Too big to not let fail.
That was lesson.
I’m sure we managed to avoid learning it.
Comment on Google CEO: If an AI bubble pops, no one is getting out clean
minorkeys@lemmy.world 2 days ago
Too big to fail is too big to exist. Break them up.
Clent@lemmy.dbzer0.com 2 days ago
minorkeys@lemmy.world 1 day ago
We all learned the lesson but the people who could implement the lesson refuse to because it isn’t to their personal advantage. We all know what the wise thing to do is but that would disempower some very rich and influential people who should never have been allowed to grow to be so influential over the state, aka us, that we can’t stop them from forcing us to pay for their speculative risk taking.
manxu@piefed.social 2 days ago
You speak the truth. These idiots sank trillions into a technology that people are very meh about. If it all comes crumbling down, they really, really have nobody to blame but their own greed.
minorkeys@lemmy.world 2 days ago
They forced massive shifts across the economy and wasted massive resources chasing a speculative technology all for power. We all suffer because of this and the government refuses to deal with it because we elect business friendly, ambitious liars.