Ocasio-Cortez Opposes AI Bailout Amid Growing Bubble Fears
Representative Alexandria Ocasio-Cortez has stated the federal government should not bail out the artificial intelligence industry, citing potential economic instability mirroring the 2008 financial crisis. Echoing industry concerns, she noted the AI investment boom may be a bubble, and a bailout would be unconscionable while denying essential resources to everyday Americans. Similar concerns were raised by Senator Elizabeth Warren regarding potential plans to use taxpayer funds to support AI companies. There are worries the Trump administration may be favoring AI executives with regulatory changes and public funds.