… as hundreds of billions of dollars are flooding into artificial intelligence, there are serious concerns that an AI bubble could trigger another bailout with taxpayer money.

In the interview that follows, leading progressive economist Gerald Epstein, who initiated and directs the Game Changers project at the Political Economy Research Institute at the University of Massachusetts Amherst, talks about AI’s impact on finance and the bailout problem and how a transformative public finance strategy can revive democracy, promote equity and social justice, and build strong and sustainable communities.

  • dellish@lemmy.world
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    2 days ago

    Didn’t the House denounce Socialism in ALL FORMS earlier this week? Therefore bailouts are no longer possible, right?

    Oh, I forgot the rules don’t apply to rich people. Silly me.