I'm up for nationalizing them as long as we do it the right way, by which I mean paying the investors nothing and executing the entire C suite

The correct thing to do is to announce that there will be no bailout, and there will be criminal liability for any fraudulent practices that drove the hype cycle. Anything else will just encourage an even worse mega-scam next time. Let 'em burn to the fucking ground. Until and unless there's proper accountability and meaningful controls, we don't need LLMs.

The bubble is getting ready to pop and big investors want their exit liquidity. If they can’t plunder your 401ks and retirement accounts then they they will take it via taxes and public debt.

As much as I like Bernie I think he is playing right into their hands on this one by suggesting the government take a share in these companies.

This is otherwise known as a TAXPAYER FUNDED BAILOUT. Socialize the loss, privatize the gain.

Let them burn in the fire they set.

Lol, no. We don't want to use our tax payer dollars to fund your failing tech.

We don't even have government healthcare for all but you want us to pay for this? Absolutely not.

...what? No?

Fuck that. My tax dollars will not be funding corporate bail outs.

Absolutely fucking not.

Nationalizing AI companies represents nothing more than a big tech bailout, leaving the American taxpayers holding the bag for the grandiose excesses, industrialized IP theft, and borderline fraudulence of some of the richest and most powerful corporations in modern society.

Hell no. No bailout for big AI.

They stole everything they have from the people, and if they are too stupid to figure out how to turn unprecedented plagiarism on a global scale into a viable business plan, then they deserve nothing more than to fail outright.

And saddle them with the debt. Fuck the investors and the cyclical scam machine. They should forfeit that money outright.

NO.

WHAT THE FUCK, BRUCE?

Yeah, because the government picking winners has such a stellar track record. /s

All this bubble pumping bullshit is a desperate attempt to maintain their AI monopoly.

The reality is most tasks AI is actually useful for do not require >75% of the full AI model to do said tasks well.

This is why they're also trying to monopolize computing power. Because once people realize they can run AI locally without a gaming PC these digital snake oil salesmen are fubar.

Absolutely fucking not.

I'm not coming from the "AI hater" angle either. I love open models.

But OpenAI and Anthropic are abominations. I've watched good startups and research groups disappear into the gaping maw they've created, all reason go out the window, replaced by whatever lies are coming out of Altman and Modi's mouths.

...They're destroying US innovation, and sucking everything into a black hole.

They need to burn.

And its honestly insane someone like Schneier can't see this, or was just paid to say this. No one in the machine learning research space likes OpenAI; they never have. I guess he's old enough to use past nationalization efforts as a baseline, in his mind?

Fash take, just kill it. LLMs should belong to the people, just like information should belong to the people.

I think that no matter what happens we're going to foot the bill. There's no way in hell these assholes will ever face consequences of any sort. They already destroyed consumer electronics markets, and will bring the rest of the economy down with them if they fail, but they themselves and the parasite investors will never lose. We'll have to pay...

If it sounds dumb, it's because it's meant to. "Buy them if they fail" debate leads to more onerous alternative proposals. The US is on a mission to make Skynet for Israel or China wins. It's hard for them to fail when Skynet will pay high prices for their datacenter time. But if they fail, it will be because they are too expensive, and "American people" owning them doesn't pay American people anything if they are stuck losing money forever. And the other alternatives that stem from debate, is "why not just throw government money at bubble top rates?"

What? No. You want the government to be in control of this tech directly? Jesus Christ, I can't tell which is worse, our situation now, or if we nationalized it and the goddamned federal government was calling the shots directly.

We should seize control of them by legal process and explode them with due process in law and all that shit.

What the actual fuck, Guardian.

And here in the newspaper factory is where we manufacture the consent.

From space to telecommunications, the US has a long history of fostering technology for the public good.

This one sentence alone is enough to dismiss the entire knob-slobbering article in my eyes.

Edit: A word.

let them die, others will rise from the ashes that don’t require burning the world down to grow

Eh, maybe buy the assets after they file for bankruptcy. Better to do it at the state level than federal though. I'm sure there are several state governments that could use a server hardware upgrade.

That is so unbelievably pants-on-head fucking stupid that it’s difficult to even comprehend.

here’s how hard I hit the “ef” on that “fuck no”:

F

Each investor will get one CD of ChatGPT training data per share as a bankruptcy settlement. Every CD need to be inserted into a single user-provided server to train the model anew, because it's saved as a multipart archive.

They should force them to open source their models, datasets, and research

ITT, people who don't realized nationalization != bailout.

I like this idea. Let the government print tons of money and buy these companies, and while they're doing that, my net worth will go up since I hold my net worth in Monero and not Fiat.

Edit: Maybe this will teach people that the government doesn't care about you and that the only safe thing to hold is something they can't print out of thin air.