> Special assistance like emergency lending or direct capital infusions to prop up insolvent A.I. companies’ operations or prevent their orderly resolutions through ordinary bankruptcy processes
I appreciate the signal to the lending industry to cool the brakes on this stuff, and that the they are specifically targeting golden parachutes. But legislation like this is at best largely performative.
If the economy ends up crashing because the bubble popped, and legislators can't intervene to prevent a knock-on collapse, they are going to be out of their jobs anyway.
I appreciate the signal to the lending industry to cool the brakes on this stuff, and that the they are specifically targeting golden parachutes. But legislation like this is at best largely performative.
If the economy ends up crashing because the bubble popped, and legislators can't intervene to prevent a knock-on collapse, they are going to be out of their jobs anyway.