• mickus@sh.itjust.works
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    8 hours ago

    Where the fuck do they get this money from? $300 billion is fucking nuts. And 1.4 trillion in costs is literally bigger than my countries’ entire GDP (Australia)

    • UltraGiGaGigantic@lemmy.ml
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      6 hours ago

      The 1% is willing to pay whatever imaginary fiat currency they can to eliminate the need for the working class. Then they can finally get rid of us.

      • EndlessNightmare@reddthat.com
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        6 hours ago

        While simultaneously acting like a bunch of whining little crybabies about declining fertility rates.

        Which is it: AI (and other automation) will replace jobs, or there aren’t enough people to work all the jobs?

        • tlmcleod@lemmy.dbzer0.com
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          5 hours ago

          Hedging their bets. They’re only capable of being sure of the future as the next person, which isn’t very capable at all. But they have the ill-gotten means to back both sides so they continue to be on top.

          • EndlessNightmare@reddthat.com
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            5 hours ago

            Oh I know what they’re doing. I just don’t give a shit and will point out how ridiculous their sense of entitlement is.

            No one is owed another human being.

      • vacuumflower@lemmy.sdf.org
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        5 hours ago

        It’s not that. Nobody really expects to achieve firm satisfactory result in something never done before, to justify the risk.

        It’s a bubble. That they found money to make such an input into inflating it just means the outcome of said bubble bursting is this good for them.

        I’m interested what exactly will happen when it bursts. A dictatorship, or a blitzkrieg against half of the world, or what else.

    • orange@communick.news
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      8 hours ago

      Any combination of:

      • Issue new shares and sell them
      • Issue corporate bonds and sell them
      • Borrow money from banks