Subject: Re: AI+TBTF/IS AI Bailout 2 Wealthy Coming?
Any statement from McKinsey I would take with a large grain of salt. They are king of layoffs. I'm sure they are in love with AI.
McKinsey is linked with numerous scandals both domestic & international.
Just a few links:
https://www.cbsnews.com/news/p...
https://theconversation.com/wh...
https://www.independent.co.uk/...
https://theconversation.com/wh...

And AI does not have a record of success so far.
https://mlq.ai/media/quarterly...
https://www.rand.org/pubs/rese...
https://www.techrepublic.com/a...

Open AI has access to massive private investment. They have attracted $1.3 trillion in debt.
I believe Friar was fishing for government guarantees. Maybe because the return on AI is not a slam dunk.