"AI sovereign funds are seen as a tool to distribute the gains from the AI industry back to broader society."
  • very_well_lost@lemmy.worldEnglish
    22·
    3 days ago

    What wealth? The AI industry is probably the most debt-laden venture in the entire history of currency, and has failed spectacularly and repeatedly to demonstrate any viable path to profitability. There’s no wealth to take, and there never will be.

    • 7101334@lemmy.world
      101·
      4 days ago

      Scrap the shit for parts or raw materials then. I’ll take $5 and the death of AI data centers any day.

      • Uriel238 [all pronouns]@lemmy.blahaj.zoneEnglish
        31·
        4 days ago

        I want the billionaires involved to be disgraced and stripped of their ill-gotten gains as well. Id est, accountability and justice.

        If not that, 🪟🔪⚜️ and seizure of the assets, placed in the national treasury and used to fund social programs.

    • explodicle@sh.itjust.worksEnglish
      2·
      3 days ago

      probably the most debt-laden venture in the entire history of currency

      So our currency is working exactly as intended! :-P

    • Peppycito@sh.itjust.works
      2·
      4 days ago

      Should probably just license them. They can pay for the license. $100 million/month, $1.19 billion if they get the whole year.