Duh! Even Tech Billionaires Know the AI Bubble Will Burst
AI is the mother of all bubbles. When it pops, the explosion will take out most of the AI companies and all of their suppliers. Work will stop on half-finished AI data centers; others will be shuttered because there will be no money to maintain them. When corporations realize that ROI on billions of dollars invested never materialized, many will collapse under their own weight. The pariah? Sam Altman.
piece discuses the multi-billion $$$ shell game Big AI is playing with suppliers and customers.
they need a bailout. hence muh big IPO – bailout by pension plan.
related:Duh! Even Tech Billionaires Know the AI Bubble Will Burst
AI is the mother of all bubbles. When it pops, the explosion will take out most of the AI companies and all of their suppliers. Work will stop on half-finished AI data centers; others will be shuttered because there will be no money to maintain them. When corporations realize that ROI on billions of dollars invested never materialized, many will collapse under their own weight. The pariah? Sam Altman.
piece discuses the multi-billion $$$ shell game Big AI is playing with suppliers and customers.
they need a bailout. hence muh big IPO – bailout by pension plan.
related: >>23787687
Duh! Even Tech Billionaires Know the AI Bubble Will Burst
AI is the mother of all bubbles. When it pops, the explosion will take out most of the AI companies and all of their suppliers. Work will stop on half-finished AI data centers; others will be shuttered because there will be no money to maintain them. When corporations realize that ROI on billions of dollars invested never materialized, many will collapse under their own weight. The pariah? Sam Altman.
piece discuses the multi-billion $$$ shell game Big AI is playing with suppliers and customers.
they need a bailout. hence muh big IPO – bailout by pension plan.
related: >>23787687 n OpenAI lays groundwork for potential $1 Trillion IPO