What could go wrong?

"The Magnificent 7 stocks — NVIDIA, Microsoft, Alphabet (Google), Apple, Meta, Tesla and Amazon — now make up around 35% of the value of the US stock market, and NVIDIA’s market value makes up about 19%...

"So is the great AI sector a huge #BUBBLE funded by fictitious capital that will not be realised by revenues and, more important, profits for the AI leaders? By the end of this year, #Meta, #Amazon, #Microsoft, #Google and #Tesla will have spent over $560 billion in capital expenditures on AI in the last two years, but they have only accrued revenues of about $35 billion.

https://thenextrecession.wordpress.com/2025/07/27/ai-bubbling-up/

#Prediction

Many of the promised benefits from #AI will eventually come true, though it will take longer than expected and we may never achieve #AGI, much less superintelligence.

But those breakthroughs WILL NOT come from the current market leaders in AI – with the possible exception of Microsoft. (Because few will survive the implosion of the current AI #bubble.)

Instead the more likely success scenario is an entirely new startup with a completely different take on using #ML models.

The End of Work as We Know It • Gizmodo

“As a CEO myself, I can tell you, I’m extremely excited about it. I’ve laid off employees myself because of AI. AI doesn’t go on strike. It doesn’t ask for a pay raise. These things that you don’t have to deal with as a CEO.”

https://gizmodo.com/the-end-of-work-as-we-know-it-2000635294

Can’t help but wonder how old and what this guy was doing around the turn of the century… #bubble
https://mastodon.online/@parismarx/114932600027083819

｢ 35% of the US stock market is held up by five or six companies buying GPUs. If NVIDIA's growth story stumbles, it will reverberate through the rest of the Magnificent 7, making them rely on their own AI trade stories ｣

https://www.wheresyoured.at/the-haters-gui/

Investors Are Suddenly Pulling Out of AI

｢ venture capitalists — who’ve dumped $104.3 billion into AI companies this year so far, almost as much as all of 2024 combined — are now frequently exiting through mergers and acquisitions with much lower returns on their bets ｣

https://futurism.com/ai-venture-capital-exits

It also comes as #financial analysts warn that an "AI bubble" of epic proportions may be getting ready to burst.

#AI #tech #bubble #hype #economics #stocks #technology #software #finance #openai #llm #chatgpt #chatbot #chatbots #SamAltman

https://futurism.com/ai-venture-capital-exits

Over Hyped, Under Delivered, AI Bubble Concerns Persist

Concerns are continuing to persist over the AI bubble as some warn it is worse than the dot com bubble.

https://www.freezenet.ca/over-hyped-under-delivered-ai-bubble-concerns-persist/

In germany they have a very nice word, called 'Kopf Kino'.

Kopf = head.
Kino = Movie.

You get the point.

It's about when you have an idea somebody said something and you -totally- misunderstood it but don't actually just simply ask what they meant with that and just go with it and start 'building' on that story and end up with a totally wrong assumption, and might get in conflict.

So yeah, it's always best with good friends to just ASK, before making up your mind.

https://www.wheresyoured.at/the-haters-gui/

If this is a #bubble and these companies are losing cash hand-over-fist and then it is a... GOOD thing... no? They have been responsible for the #enshittification of many things in society. If we are lucky, these bad actors may even shrink dramatically and if we hit the jackpot, some of them may even go bankrupt.

Stop my beating heart!

The Hater's Guide To The AI Bubble
Economic analysis of the AI industry

Economist Warns the AI Bubble Is Worse Than Immediately Before the Dot-Com Implosion

｢ The difference between the IT bubble in the 1990s and the AI bubble today is that the top 10 companies in the S&P 500 today are more overvalued than they were in the 1990s ｣

https://futurism.com/economist-ai-bubble-worse-dot-com-implosion

I'm a software engineer. I do not have a high opinion of the snake-oil "AI" that my industry is using to pursue self-immolation.

However, I will have more f*cks to give about "vibe coding" *after* we solve the problem of vibe voting, which appears to be at the root of the world's USA Problem.

TOASTY

"where almost the entire tech industry has bought in on a technology sold at a vastly-discounted rate, heavily-centralized and subsidized by big tech. What happens when the entire tech industry relies on the success of a kind of software that only loses money, and doesn’t create much value to begin with?"

https://futurism.com/openai-trouble-subprime

Wall Street is catching on.

“If you’re going to invest now and get returns in 10 to 15 years, that’s a venture investment, that’s not a public company investment,” Luria said. “For public companies, we expect to get return on investment in much shorter time frames. So that’s causing discomfort, because we’re not seeing the types of applications and revenue from applications that we would need to justify anywhere near these investments right now.”

https://www.cnn.com/2024/08/02/tech/wall-street-asks-big-tech-will-ai-ever-make-money

#masterchef #bbc A perfect example of how #toxic living in a #bubble of confirmation bias can be. Complete with virtue signaling, navel gazing misogynistic, homophobic, talentless 'boys club'. Bring back Eddie !

The braintrust of grifters assembled by Meta got no better idea than going closed source, Mark is such an easy mark for these natural born swindlers.

https://www.nytimes.com/2025/07/14/technology/meta-superintelligence-lab-ai.html

｢ An unusual part of OpenAI is that everything, and I mean everything, runs on Slack. There is no email. I maybe received ~10 emails in my entire time there. If you aren't organized, you will find this incredibly distracting. If you curate your channels and notifications, you can make it pretty workable ｣

https://calv.info/openai-reflections