No bailout is fine but I think the gross thing about this is it's clear they also hope these companies fail.

It's a very ugly thing about political polarization. It's easier to destroy than to build, and both sides seem gleeful about tearing down whatever is (rightfully or not) perceived to be aligned with the 'other'.

The reaction to Charlie Kirk's murder (not even the murder itself, but the celebration of it) made it the most shocking political event for me personally, in my lifetime. And it seems like it might be like this from now on - ripping things apart, destroying lives, and then cheering about it.

When Pinochet died, people threw parties in Chile. It's always been like this when things are taken to the extreme (and these days everything is extreme)

Did anyone aside from terminally online edgelords cheer for that though? I don't know that I saw anyone serious celebrating his death, certainly no members of congress. I do find it odd that the reaction from twitter and reddit bottom feeders (and the likes) stirred you so much. For me politicians actual vile comments and complete indifference to the assassination (or attempts) of state representatives and their families is much more disturbing than what people on some Sopranos meme subreddit had to say about Kirk - but perhaps the Hortman's were those 'others' you mentioned?

It's the volume that I found disturbing. There were Twitter posts celebrating or mocking Kirk's death, using images of his murder, with nearly 1MM likes, hours after he was killed. At the time, it was being reported his wife and toddler daughter had been in the audience (thankfully later revealed to not be true).

I haven't seen anything comparable for Hortman but if I had, I agree I would find those incredibly disturbing too.

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Can you please not fulminate on HN, regardless of how wrong other people are or you feel they are?

This is in the site guidelines: https://news.ycombinator.com/newsguidelines.html.

Edit: and it looks like we've had to ask you this multiple times already.

I think with the kirk issue it was because most of the time when someone is killed for political reasons, they were the right kind of divisive. Kennedy killed over civil rights for example. Kirk though might be one of the few cases where someone who was inflammatory and the wrong kind of divisive was killed. For that, you can expect some dancing in the streets. Expect fireworks and a week of partying whenever Trump kicks the bucket.

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gtfo of here with the Kirk BS, he was an awful person. Many in the USA cheer for literal wars, and you're tied up with Kirk. Tiny brain.

really? it was more shocking to you then Jan 6?

it was more shocking than when multiple state legislators were gunned down and the shooting was blamed by Trump on Marxists? Or when Rob Reiner was shot by his son and Trump implied he had it coming?

nobody is trying to tear down AI companies. but there is a general reaction to companies and their leaders who imply that 'risk to civilization is non zero', or they need unemployment is likely, while pushing for the state to backstop them.

This take fails on even the most basic reading.

Yes, absolutely, much more shocking.

Political riots and Trump being a scumbag are well integrated into my worldview.

My coworkers making gleeful cracks about a podcaster bleeding out in front of his toddler was new information for me. I didn't realize we were so far gone.

The tech industry has been getting away with doing gross things for a long time now and people are sick of it. Every year people see news of tech giants breaking the law and getting a billion dollar fine and every year they also see on the news those companies make increasingly absurd profits.

Google and facebook are the face of the destruction of privacy. On every announcement that gets posted of Google doing yet again something that increases their control over what you do, in order to serve more ads, people always comment about wanting it broken up.

Hate and distrust of the tech industry is probably the most common opinion across all demographics, other than SV residents I suppose.

No, these companies know they don't have a moat, so have been laying the groundwork for a bailout (e.g. Altman pushing the idea of "Universal Basic Compute", essentially a forced subscription to ChatGPT through your taxes).

The politicians rising through the ranks now lived through 2008 as young adults, and they watched politicians cutting checks to companies who ruined the economy, only to emerge richer; while regular folk got foreclosed on and never recovered. They heard the rise of the phrase "too big to fail".

Well now we have a group of companies that clearly want to be too big, so now is exactly the time to make clear to them they aren't too big to fail. Maybe, just maybe if they know they can't count on a UBC bailout on the other side of a bubble pop, they will act a little more responsibly (which they have not demonstrated they're capable of that to date).

I think they're trying to build a moat through regulation, I think that's different from laying groundwork for a bailout. They clearly don't think they are going to fail.

What does "act responsibly" mean in this context?

They don't think they're going to fail or else they wouldn't be doing it. But they do think they need a government moat to succeed. Whether that's framed as a "bailout" or "regulation", it's still the government stepping in to save the day.

In terms of "act responsibly" what I mean in this case is the perception that there's a lot of money flowing in circles here, where customers are investors and investors are customers and competitors. That's how I see this whole party crashing down if it does, if there's too much creative accounting going on when the music stops, some companies might not find a chair to sit on.