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Comment on Google CEO: If an AI bubble pops, no one is getting out clean

ShaggySnacks@lemmy.myserv.one ⁨8⁩ ⁨hours⁩ ago

Let the taxpayers prop up failing companies. Corpo welfare is the good kind of welfare even though most of the money gets sucked up by the Executives and share buy backs.

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TankovayaDiviziya@lemmy.world ⁨6⁩ ⁨hours⁩ ago
At least China is right about not bailing out their companies when their own property bubble collapsed.

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- chuckleslord@lemmy.world ⁨5⁩ ⁨hours⁩ ago
  The bar can’t be “not as corrupt as America”. That’s not a bar, that’s the ground. They can and should do better.
  
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  - TankovayaDiviziya@lemmy.world ⁨5⁩ ⁨hours⁩ ago
    Oh I’m not trying to defend or exalt China. I’m saying that we should be like China when it comes to dealing with billionaires. Or even better, be like Vietnam, when the court ordered a billionaire who defrauded thousands to pay in time or be executed.
    
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    chuckleslord@lemmy.world ⁨4⁩ ⁨hours⁩ ago
    Agreed.
    
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rumba@lemmy.zip ⁨6⁩ ⁨hours⁩ ago
The amount of bailing out should be inversely proportionate to the amount of people fired during record profits.

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