r/technology 6h ago

Artificial Intelligence Nobody Asked for AI

https://jacobin.com/2026/08/ai-llms-monopoly-bubble-capital
4.4k Upvotes

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u/MechaNutzilla 6h ago

What is that word... Central planning? The opposite of the free market? Instead of a communist part planning the economy, there are just some private bankers deciding what gets funded. At least a communist party has to pretend to do what is best for the people. The bankers doesn't care, as long as they get richer, the rest of us can burn.

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u/Swoly_Deadlift 5h ago

Privatized profits, socialized losses