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Ocasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Grow
(www.commondreams.org)
this post was submitted on 19 Nov 2025
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politics
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I... actually disagree with this even though I don't want to.
Yes, fuck OpenAI and Meta.
But the problem is that the government has been 500% enabling this "bubble". Basically any governent grant for the past five or six years has more or less required "AI" to be front and center. The more senior folk have generally been good about "I am doing Machine Learning enhanced construction of that office building, sure, whatever" but this, in turn, has more or less gutted academia as more and more programs have essentially been built around providing what funding is literally asking for. Flipping NOBODY thinks "I am a prompt engineer" is worth anything but scorn and mockery. But when those grants and CFPs basically require a prompt engineer on the proposal to have any chance of being accepted...
It's easy to say "you should have known better and not lied to us" but... they were telling the lies that were demanded of them. And just cutting them free and letting capitalism sort it out is going to mean pretty much an entire generation lost and countless companies down the drain as well. Which... also won't be all that useful for getting people healthcare.
Similarly, Jensen is a prick (and always has been but...). But if the rug gets pulled and the "bubble pops"? nVidia is not a US company but it is essential to the US economy and capabilities. We can't afford to let that go the way of Intel.
Do I think giant checks should be written? No. But we need a LOT of transition grants and programs and possibly outright stimulus checks so that the entire tech and research and science industries can pivot to what is being asked of them now.
A "generation" of students aren't prompt engineers. And even if you learned one useless skill in your major during college, you still have the entire rest of the program. I haven't used many of the skills I learned in college and my industry has changed extensively since then, but learning those things contributed to a larger competency.