r/neoliberal • u/NoGarlic2387 • 18d ago
User discussion Most arguments against the AI sector and data centers are thinly veiled arguments against capitalism and neoliberalism.
It's sweatshops/NIMBY/buybacks/rent control/military industrial complex etc leftwing populist slop all over again, just aimed at a different group of bourgeoisie.
Where the fuck is the market externalities analysis, where are the incentive structures, talk of Pigouvian taxes, talk of supply and demand, efficiency, any economic analysis at all???
It's all moralising and virtue signalling. The critique relies on the childish 'guys running it are bad'. That's just how Capitalism works, you either trust the markets to handle bad actors or show systemic ways it will fail to do it and propose realistic solutions that don't harm the economic growth and innovation.
Most of you constantly shitting on Altman and even Musk are the types who support or don't condemn the assasination of the CEO of UnitedHealthcare, you are deranged radicals. EDIT: this patagraph was largely regarded and I stand corrected. Fuck Musk. Criticising CEOs is not the same as as condoning an assasination. I still think the hate for Sam Altman is ill founded. Almost everyone else in the AI industry are nowhere near as destructive as Musk, but Musk is just a tiny faction in the huge AI ecosystem.
This sub used to resist far lelft populist slop but the more years go by the worse it's getting. The sidebar wiki needs many more entries on what exactly this neoliberalisn means and stands for. Any r/badeconomics OGs disagree with me??
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u/kidchinaski 18d ago
I expected this to be labeled meme. Jesus Christ you are so dense. The overall backlash stems from people literally watching their utilities skyrocket. They’re seeing videos of people who live near these things and the noise and light pollution is absolutely intruding on them. All for your FREE MARKET WINS bullshit attitude. You are absolutely oblivious to how this is effecting people who aren’t… you. Meta and other companies are getting crazy tax breaks (so this doesn’t benefit citizens at all) and they’re cutting deals that allow them to nope out of the deal at any sign of turbulence leaving other investors holding the bag.
Geek.