this post was submitted on 19 Jul 2026
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Work Reform

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[–] lemmelemmy@feddit.org 4 points 12 hours ago

lol who’s gonna seize it? Trump government? America is cooked. I’m starting to think America’s future is either going to be a very isolated authoritarian dystopia or state separation. No one likes each other and everyone argues over a the most simple things. Human rights, work rights doesn’t exist if you’re not filthy rich. Manipulation is so bad that if trump says the sky is green, tomorrow idiots are going to believe it’s actually green.

Idk man. I really wish they’d take billionaires monies and build houses hospitals but never going to happen.

[–] CaptainMan251@lemmy.world 2 points 13 hours ago

They seize our water and energy, so fuck em. They can explode for all I care, as can all the sell outs who work in them.

Also, please tell everyone you see that there is lots of copper in those data centers.

[–] BillyGruff82@lemmy.dbzer0.com 3 points 15 hours ago

The wealthy will turn it into a bailout. The US government isn't gonna 'seize' anything. They'll "compromise" by buying the companies directly from the wealthy, and when it all comes crashing down the tax payers will be left holding the bag.

[–] vane@lemmy.world 1 points 12 hours ago

Isn't US AI already funded by tax deduct ?

[–] Rivermoonwolf@lemmy.world 32 points 1 day ago (2 children)

I support seizing wealth from billionaires, period.

[–] SippyCup@lemmy.world 3 points 1 day ago (1 children)

I support seizing the health from billionaires.

[–] osanna@lemmy.vg 3 points 1 day ago (1 children)
[–] Naz@sh.itjust.works 1 points 15 hours ago

Green Mario?

[–] VitoRobles@lemmy.today 7 points 1 day ago

They get tax write offs from the government, as well as cities and states PAYING THEM to expand their empire.

They're the biggest welfare queens.

[–] AlteredEgo@lemmy.ml 5 points 1 day ago

It's a trap. Open source / weight models will become mandated to pay for use locally. So we won't be able to use local models for our own purposes and gain, while the big corporations simply pay a small percentage.

Hardware and software breakthroughs will make it possible to run LLM models and advanced AI on local, solar powered hardware. For example you can pack a ternary 27b model on a smartphone now.

In the best case, 50% will belong to the US empire. Which is controlled by the worst of the worst people on earth.

[–] Kazumara@discuss.tchncs.de 22 points 1 day ago

I don't think there is any wealth there, just undeserved trust that allows them to raise money through debt.

If you seize that, then the debtors will come calling for higher risk premium and the venture implodes - sooner than they otherwise would.

So maybe it is a good idea anyway.

[–] Grumpus_Maximus@thelemmy.club 17 points 1 day ago (1 children)

The problem is they over borrowed and dont make any money.

[–] SkaveRat@discuss.tchncs.de 6 points 1 day ago

they have a bunch of assets. Doesn't need to be cash

[–] Jaysyn@lemmy.world 13 points 1 day ago

What wealth?

https://www.wheresyoured.at/the-openai-bubble/

They can't do anything if they aren't spending VC money. LLMs are the most money burning corporate misadventure of all time.

[–] Abyssian@lemmy.world 11 points 1 day ago

I support seizing the wealth of all the wealthy.

[–] Sheppa@aussie.zone 14 points 1 day ago (2 children)
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[–] Archangel1313@lemmy.ca 103 points 2 days ago (4 children)

What "wealth"? They're all losing money.

[–] 20cello@lemmy.world 77 points 2 days ago (2 children)

They're losing borrowed money

[–] givesomefucks@lemmy.world 33 points 2 days ago (2 children)

They borrowed our real money from banks without us having any say in it, based on imaginary valuations of what someone would hypothetically spend for their mountain of shares based on the price the tiny slice for sale is worth...

A complete and utter disregard for supply side economics.

If any of them actually have to sell to pay back the loan, they go bankrupt and the bank can't collect.

That makes every other bank individually panic and call all their loans in to try and get what they can.

Banks doing a run on banks. Then everyone's going to try and pull their money out when banks starting going bust.

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[–] Tollana1234567@lemmy.today 1 points 1 day ago

and immediately shutting down on AI DCs.

[–] DickFiasco@sh.itjust.works 65 points 2 days ago (1 children)

Why stop at the AI industry?

[–] nullspace@lemmy.world 17 points 2 days ago (1 children)

I was just thinking the same. Most of what's bad about AI just leads back to the wealthy elite being greedy hoarders.

[–] DickFiasco@sh.itjust.works 3 points 1 day ago

Yup. AI is just the logical conclusion of unregulated capitalism. When you can't exploit the workers any further, you replace them with machines.

[–] very_well_lost@lemmy.world 22 points 2 days ago* (last edited 1 day ago) (3 children)

What wealth? The AI industry is probably the most debt-laden venture in the entire history of currency, and has failed spectacularly and repeatedly to demonstrate any viable path to profitability. There's no wealth to take, and there never will be.

[–] 7101334@lemmy.world 9 points 2 days ago* (last edited 2 days ago) (1 children)

Scrap the shit for parts or raw materials then. I'll take $5 and the death of AI data centers any day.

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[–] NauticalNoodle@lemmy.ml 24 points 2 days ago (4 children)

I support seizing the wealth from more industries than just AI

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[–] snooggums@piefed.world 39 points 2 days ago

A majority of Americans discover the concept of taxation.

[–] Jankatarch@lemmy.world 29 points 2 days ago (2 children)

"Seizing" just means "not giving copius amounts of tax cuts" nowadays.

[–] phoenixz@lemmy.ca 4 points 1 day ago

What wealth? These companies are hemorrhaging money, there wobybbe anything left to seize

[–] ragebutt@lemmy.dbzer0.com 12 points 2 days ago (1 children)

They seize wealth from us

Trump accounts are now mandatory for all children born after 1/1/25. They were briefly optional and you chose if you wanted them while filing taxes

Trump accounts give the kid $1000 no strings attached and it’s loaded into an index (SPYM) made up of nvidia, apple, amazon, Microsoft, meta, tesla, micron, and alphabet class a (google).

On a surface read this is great, trump is giving free money to children for education planning.

But realistically it’s money laundering to fund their pump and dump. About 3.6-3.7 million children are born in the USA each year over the past few years (declining from a 2007 peak of 4.1). About 9% of those are undocumented, leaving about 3.25-3.3 million. This money isn’t free and doesn’t come from nowhere, it’s about 3.3 billion dollars of taxpayer money (yearly) to pump directly into AI companies and other grossly overvalued tech that’s propped up by making the overwhelming majority of retirement accounts contingent on its value (eg tesla)

In a typical 529 you have much more say in how investments are spread (with notable limitations) but the trump account is spym only.

Further, while 3.3 billion is barely anything in the scheme of the economy or even openais apparent (bloated) value, it’s to prime the pump to get more working class dollars in these companies. The 529 your child is given is essentially worthless if you make no contributions (at least in the context of education). Even maxing yearly contributions (5k/yr) from 0-18 with a prediction based on somewhat idealized returns would make the account worth ~$170,000 at 18, which is often not nearly enough to pay for college now, let alone in almost 2 decades. But it means a decent portion of Americans with children are pumping more of their cash into this bubble for their children’s education.

This is not even touching on the other gross things, like robinhood being the default and only servicer of these plans, which almost certainly is because of a fat bribe as they are the scummiest brokerage that preys on wallstreetbets gambler type retail investors.

Despite this it’s better than sending another 3 billion dollars of bombs for Israel to do genocide with, I guess

[–] FryHyde@lemmy.zip 7 points 1 day ago (3 children)

Where are you getting the information that they're mandatory? Everything I can find shows them to be voluntary.

[–] GalacticRobot@lemmy.world 5 points 1 day ago

No way would someone just make things up on the internet would they?

[–] laranis@lemmy.zip 4 points 1 day ago

From the Trump Account website:

You can elect to open a Trump Account for your eligible children using IRS Form 4547. You can fill out and submit the form right in the Trump Accounts app, when you file your taxes, or through the secure IRS website called Individual Online Accounts, or IOLA.

Nor can I find anything making them mandatory.

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[–] forkDestroyer@infosec.pub 5 points 1 day ago (1 children)

I know this isn't an apples to apples comparison, but are other countries like China also dealing with unemployment due to AI development, or are they supporting their workforce?

[–] rmrf@lemmy.ml 6 points 1 day ago

I believe their current solution is prohibiting the firing of workers only to replace them with AI to reduce cost. It's eh; much better than anything we have, but the scope is so narrow it seeks like something the US would conjure up. Having said that, China usually enforces their stuff with teeth.

https://www.theguardian.com/world/2026/may/13/china-court-awards-compensation-sacked-worker-replaced-by-ai

[–] laranis@lemmy.zip 4 points 1 day ago

The "majority of Americans" are fucking idiots. "If only we owned more of their stock we could direct how the tech is used!", they decry, completely oblivious to the scam being perpetrating upon them to shift the downside risk to the "majority of Americans". Never has more blatant propaganda hit my eyes.

You know how I know? Because we already have a mechanism for directing the actions of our institutions, forged in two centuries of nation building. It is called legislation and regulation, mother fuckers.

Now, I'd forgive you for recognizing that the power of the law is at an all time low, at least in living memory. So maybe the "majority of Americans" "seizing wealth" by their corrupt government owning more of the company stock seems more tangible and maybe the "majority of Americans" believe there is a future upside to owning all that yummy stock that will eventually make gas cheaper and lettuce not cause explosive diarrhea. But, see my first sentence.

sigh And now I am off to my job to keep my healthcare and keep a house over my family, and to pretend we're not sliding into a fascist, racist, mysoginist, elitist hellscape of our own making.

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