They already have. Public Banks are huge investors in the private credit companies that underpin a good amount of the AI bubble.

The Magnificent 7 have been driving the stock markets gains for the last few years. They have also created independent companies to build out the data centers. The debt for these companies is off their books and funded primarily by private credit markets and is underpinned by contracts with the big 7 for data processing once the data center is built.

Projections by the Mag 7 have driven their share increase. So what happens if one or two of the magnificent 7 miss their projections? Well look at Oracle, its stock is tanking because it missed projections.

If the Mag. 7 stock tanks so will your 401ks. When their stock is worth less they will stop plowing money into AI. Suddenly all of the companies with contracts to build the data centers will loose their source of revenue. No revenue and they can’t pay off the loans to private credit. Private credit companies will start to go under and begin to take down the public banking companies that invested in them…

Its a house of cards ready to fall if any of the Mag 7 start to flounder.

Kids who want happy meals drag their parents there. However once they hit 5th grade the allure of the happy meal fades and they usually don’t come back.

Yes, by shoveling investor cash into the generators powering their data centers.

It is part of the grift. Anthropic and OpenAI want to go public and a huge part of their cash burn is compute expense for training new models. (In public filings they claim they are profitable … if you look at their numbers that’s only if you remove their biggest expense which is model training) At the same time they are seeing fewer gains with new frontier models. Some are also claiming the new models aren’t as good as the ones from a year ago and you are loosing your market advantage with frontier models?

What do you do if your largest expense is generating fewer gains and you want to go public? Get the government to regulate it and build a regulatory mote around your industry and freeze your advantage over your competitors while you have it. Cut that expense and go public as a profitable company!

At this point I only want to see regulations well after the AI bubble pops. Don’t take any government stakes in these AI companies as Bernie has argued for (I agree with his stances on most economic matters but he’s off base with this). Let these AI companies burn in the free market they advocate for soo much.

Normally my knee jerk reaction would be against this. But if it helps to drive McDonalds to lose customers in the long run, well…🤔

I never once mentioned “airport” in my post.

You may want to better educate yourself on this subject before responding.

ACLU 100 mile boarder zone

In the US, the boarder is considered anywhere within 100 miles of an international boarder. I.E. Oceans, Lakes that are adjacent to another country and the actual boarder with another country.

Ice agents can setup checkpoints anywhere within this area and search your phone. Since most Americans live near the coasts this “boarder area” covers an 90% of the population.