Baidu CEO warns AI is just an inevitable bubble — 99% of AI companies are at risk of failing when the bubble bursts - eviltoast
  • knightly the Sneptaur@pawb.social
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    8 days ago

    The argument could be made economically rather than ideologically.

    Capitalism has a failure mode where too much capital gets concentrated into too few hands, depressing the flow of money moving through the economy.

    But Capitalists start crying “Socialism!” as soon as you start talking about anti-trust.