In a blog post, Musk said the acquisition was warranted because global electricity demand for AI cannot be met with “terrestrial solutions,” and Silicon Valley will soon need to build data centers in space to power its AI ambitions.
This dumb fuck. Unfortunately, his boosters will be all-in on this messaging. Whatever.
Companies that are too big to fail and need a bail out, should be automatically nationalised.
*Automatically nationalized and leadership at those companies should be investigated and tried for fraud.
These CEOs need to take accountability not a golden parachute. They know when a business is failing and when they are defrauding investors and the public.
“B-b-but that will stifle innovation!”
It will most certainly stifle innovative ways to leech more profit while the taxpayer is left holding the bag.
Ah, who am I kidding? They’ll find something new. It will just spark more innovation.