House Democrats resolution: no bailouts for failing AI companies — your data goes to bankruptcy court
alex_verem · x · 2026-10-31
alexverem's thread on losing control of AI services: in October 2026 House Democrats introduced a resolution that failing AI companies should go bankrupt with no bailouts — meaning users' chats, files and workflows could end up in bankruptcy court. The thread recaps Windsurf's Claude cutoff, GPT-4o's retirement, Limitless's shutdown after Meta's acquisition, and more: your software lives on someone else's servers.
Related event: House Democrats Offer Resolution Against Bailing Out Failed AI Firms(3 posts)→
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