Has the bailout of generative AI begun?
14 days ago
- #AI bailout
- #Nvidia
- #government subsidies
- The White House announced a new Science and AI program, Genesis, involving government purchases of AI chips.
- Concerns arise about whether this initiative is a covert bailout for struggling AI companies.
- Investor and consultant friends express skepticism, likening the move to a government bailout.
- A libertarian analysis suggests the Executive Order may serve as a bailout for overextended AI firms.
- Questions remain about the effectiveness of LLMs in science and whether this is the first of many government subsidies for AI.