Comment Dumbass puts huge money late into obvious bubble (Score 1) 17
This is going to be such a disastrous investment it's going to make Solyndra look like an insignificant whoopsie in comparison. While Chinese product dumping efforts can be hard to foresee, the obviousness and severity of the AI bubble has been on public display for anyone who cares to look for months now. And there's the potential to sink far more money into it. The winner of the AI race is going to be whoever wastes the least money on this folly, and the US looks set for a massive and easily avoidable loss now.
And let's not forget the end goal of this. If someone were to win this race in the fictional imagined scenario where AI didn't hit the core of Diminishing Returns Planet around ChatGPT 4 and there was some kind of path from LLM tech to AGI, the end result would be a technology that augments/replaces labor (same thing, don't be fooled by your boss) in a world dominated by an economic system where most people are workers who need to be able to find buyers for their labor. What could possibly go wrong with that?