Concerns Over AI and Government Intervention

I'm friends with Catherine Austin Fitz, that's her theory.

And I've spoken with her and I said, "Look, you know, you may be right.

Uh, I'm evidence-based. There's certainly a case to be made

because

there seems to be this unprecedented push, uh, to build these as

fast as they can, even though the math doesn't make sense,

and more and more people

are pointing that out." Um, I would become, uh,

more, uh, suspicious if we have the bust that I think is

coming. There'll be a, um, a resetting of valuations,

and there'll be some

bankruptcies. If the government comes in...

Uh, uh, people think the government's gonna bail

out AI.

They're not gonna bail out AI. They, they, they're, they're not gonna,

like, uh, go to Congress and say, "We need to raise three, four trillion

to bail out, uh, the data centers." That's not gonna

happen.

What the-- What, what I would become suspicious is

if the government steps

in and, uh, takes ownership of some of these, uh,

assets at pennies on the dollar, then the s- the, the, the, the

surveillance digital prison thesis, i- it's right there in our

faces

End of transcript · 198 words

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