Bailing out the ai industry makes no sense. At least banking, it's about stability of the financial system. The reason a crash is coming is that ai cannot be wedged into every little place, like they hoped. So it's not too integrated to fail. If it fails, there will be financial fall out. Bailing out the industry won't fix their problems with profitability. Nor will it be advantageous for the country or the people.
The only reason they would, is due to industry pressure, investor pressure, or corruption. A bail out would send a market signal that undermines the free market. Ideas and businesses are meant to fail if they are not sustainable. So, it would offer no short term gains for the majority and long term damage for the investor class.
I used to be less worried about the rug pull as so much money was from private equity and from companies. However, with the launch of SpaceX and soon OpenAI and anthropic, as well as those companies being shoehorned into index finds, they are trying to transfer the bag. Let's hope it pops before that happens.
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