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Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes

255 points · 249 comments · gmays

  1. _8L34K · · focus · HN ↗
    "Meta is claiming that the costly A.I. computer chips it buys from companies, including Nvidia, are entitled to a taxpayer-provided discount as part of the experiment."

    Why do these schemes always involves these private companies siphoning money from taxpayers? It's "communism" (or whatever) to subsidize public health, yet we are expected to subsidize experimental AI companies.

    1. treis · · focus · HN ↗
      We aren't expected to. We (or our elected representatives) passed a law saying that experimental spending gets tax breaks. And I don't really see an argument that LLMs aren't in an experimental phase.
      1. kennywinker · · focus · HN ↗
        That law is literally privatized profits, public losses.

        Companies get a tax break on risks. If they pan out, they keep the profits and the tax break.

        Neoliberalism is a scourge.

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