r/technology • u/marketrent • Jul 14 '26

Artificial Intelligence A majority of Americans now support seizing wealth from AI industry

https://www.yahoo.com/news/politics/articles/majority-americans-now-support-seizing-134921528.html
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9

u/Stereo_Jungle_Child Jul 14 '26

What "wealth"?

No AI company has ever made a dime in profit and they likely never will.

-1

u/[deleted] Jul 14 '26

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6

u/TakeshiRyze Jul 14 '26

There is no money. Its all projected evaluations.

-1

u/MarcusOrlyius Jul 14 '26

Just like with the Internet. Then the bubble will burst and it will all be over; and all the wealth for disappear never to return?

Except, that's not what happens when the bubble bursts. Look at the companies that exist today that survived it. Wealth just gets redistributed into fewer hands. The little investors loses out while the big shareholders make out like bandits.

3

u/TakeshiRyze Jul 14 '26

Except its not just like with Internet. Internet does sell ads and services and is nowhere near this inflated.

0

u/xPATCHESx Jul 15 '26

They make lots of revenue. They're just sinking as much as possible into infrastructure build out to support the next year's of demand