And when retirement and savings funds are burnt up, oh that's just too bad for all you poor people who didn't save for a rainy day.
Time for plumbers to rise up!
US Needs Trillions To Stay Ahead of China in AI Race — Blackrock CEO Points to Pensions and Retirement Savings
https://www.ibtimes.co.uk/blackrock-ceo-ai-investment-national-security-1800740
13 Comments
MajinBlayze@lemmy.world · 20 pts · 77d
China isn't spending trillions on AI. Are they saying Western companies are less efficient than Chinese companies at deploying AI?
Unstoppable_Flop@lemmy.zip · 17 pts · 77d
No, they're saying AI is a good excuse to find more ways to rob us all
KraeuterRoy@feddit.org · 13 pts · 77d
Facts don't matter. The only thing that matters is inflating the bubble that's propping up the US economy.
So stop asking pesky questions and pay for tokens!
nosuchanon@lemmy.world · 17 pts · 77d
Translation for Boomers: They’re coming for your pensions! You will finance the AI surveillance dystopia for your grandchildren to live in.
TryingToBeGood@reddthat.com · 9 pts · 77d
Him first.
watson387@sopuli.xyz · 6 pts · 77d
I have never bought AI tokens and I never will.
tacoplease@lemmy.world · 4 pts · 77d
Your retirement or savings plan might.
WatDabney@sopuli.xyz · 6 pts · 77d
This is a perfect moment to note:
Unlike socialism or capitalism, fascism does not stipulate a specific economic system. However, there are some qualities that are consistently found under fascist systems, chief among which are a sort of "revolving door" between government and business, such that leaders in one field exert influence or even hold positions in the other as well, the (not coincidental) broad concept that what's good for business is automatically good for the country, and the socialization of investment, risk and loss, while keeping profits entirely private.
Or in other words, exactly what's happening here.
Gladaed@feddit.org · 5 pts · 77d
Using retirement and savings on things with ROI makes sense. But the ROI of investing in infrastructure would be so much better. But over yonder is america. So you won't get that.
ClassStruggle@lemmy.ml · 3 pts · 77d
The US will never be ahead of China in any regard
Imperious_melange@lemmy.world · 1 pts · 77d
tacoplease@lemmy.world · 1 pts · 77d
Time traveler?
Imperious_melange@lemmy.world · 1 pts · 77d
ClassStruggle@lemmy.ml · 0 pts · 76d
You dropped this
Imperious_melange@lemmy.world · 0 pts · 76d
Hotznplotzn@lemmy.sdf.org · 0 pts · 76d
So he wants to copy China's playbook?