Earlier quoted context omitted.
Well, it's the rich's money, dedicated to replacing as many people as possible in the Great war on labor. I easily see the rich betting a trillion dollars especially if it's not their money and they start employing government funds in the name of a fictitious AI arms race. They smell blood in the water. Reducing everyone to as minimum wage as possible. Capital is already concentrated, aligned along monopolies and car…
> Well, it's the rich's money, dedicated to replacing as many people as possible in the Great war on labor. A lot of "the rich's" money is actually backed by the pension funds, 401k and similar investment vehicles. That's the dirty secret in most of today's world. A lot of ultra-large companies would absolutely deserve getting broken up just for being way too powerful, the problem is any such attempts would send the…
But that is a short-term perspective. Long term, if we do nothing, we remain galley slaves.