OpenAI Oligarch Pre-Emptively Demands Government Bailout When AI Bubble Bursts.

Benjamin Bartee, Nov 15, 2025, https://www.sott.net/article/503004-OpenAI-oligarch-Altman-pre-emptively-demands-government-bailout-when-AI-bubble-finally-bursts

AI hype may soon meet fiscal reality — and, if history is any guide, the American taxpayer will be left raped, holding the bag, while the perpetrators of the bubble will face no real consequences whatsoever.

On the contrary, they’ll be rewarded for their recklessness — the classic “moral hazard.”

Via DW (emphasis added):

“Signs of a hangover are getting harder to ignore. AI usage by corporations is slipping, spending is tightening and the machine learning hype has massively outpaced the profits.

Many economists think usage concerns, barely three years into AI going mainstream, dropkick the prevailing narrative that AI would revolutionize how businesses operate by streamlining repetitive tasks and improving forecasting.

“The vast bet on AI infrastructure assumes surging usage, yet multiple US surveys show adoption has actually declined since the summer,” Carl-Benedikt Frey, professor of AI & work at the UK’s University of Oxford, told DW. “Unless new, durable use cases emerge quickly, something will give — and the bubble could burst.”…

As the gap widens between sky-high expectations and commercial reality, investor enthusiasm for AI is starting to fade.

n the third quarter of the year, venture-capital deals with private AI firms dropped by 22% quarter on quarter to 1,295, although funding levels remained above $45 billion for the fourth consecutive quarter, market intelligence firm CB Insights wrote last month.

“What perturbs me is the scale of the money being invested compared to the amount of revenue flowing from AI,” economist Stuart Mills, a senior fellow at the London School of Economics, told DW.”

In his characteristically weasely manner, in which coming out and saying anything straightforwardly is too toxically masculine or whatever, OpenAI’s Sam Altman, currently being sued by his sister for allegedly molesting her for the better part of a decade, has issued a pre-emptive demand that the government come to his company’s rescue when the financial speculation bonanza bubble around AI inevitably bursts.

“When something gets sufficiently huge, whether or not they are on paper, the federal government is kind of the insurer of last resort…So, I guess, given the magnitude of what I expect AI economic impact to look like, sort of, I do think the government ends up as, like, the insurer of last resort.”

“Like, totally! I’m just, like, sort of, a Valley Girl [upward vocal inflection] in a Valley world! Where’s, like, the cash, Sugar Daddy Warbucks?”

(Let’s not forget that OpenAI was founded as a “nonprofit” philanthropic organization that quietly morphed into a “public benefit corporation” before making Sam Altman a billionaire, much in the same way that Google quietly nixed its “Don’t Be Evil” slogan in the dead of night, like a scene out of Animal Farm, and now commits its evil in broad daylight because it knows no force on Earth is going to restrain it.)

Comment: Altman is a weasel, to be sure, and with AI heading for a cliff, he wants to be able to bail before it goes over: