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unusual_whales
@unusual_whales@masto.ai  ·  activity timestamp 3 weeks ago

Sam Altman: " When something gets sufficiently huge ... the federal government is kind of the insurer of last resort, as we've seen in various financial crises ... given the magnitude of what I expect AI's economic impact to look like, I do think the government ends up as the

#news #finance #economics #stocks #options

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unusual_whales
@unusual_whales@masto.ai replied  ·  activity timestamp 3 weeks ago

OpenAI discussed government loan guarantees for chip plants, not data centers, Altman said.

Read more: https://t.co/B0p5A7bWbr

#news #finance #economics #stocks #options

Unusual Whales

OpenAI Says It Doesn’t Want Government Guarantees for Its AI-Data-Center Build-out

CEO Sam Altman clarifies that OpenAI is not seeking or wanting government guarantee back-stops for its massive data-center build-out, signalling a strong belief in market discipline over bailouts. Market and options implications included.
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CaliCarol
@jawarajabbi@mastodon.online replied  ·  activity timestamp 3 weeks ago

@unusual_whales

If you're explaining, you're losing.

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