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#aibubble

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marcusgreen
Marcus Green @marcusgreen@fosstodon.org · 6d ago
Cory Doctorow (@pluralistic@mamot.fr) "Quantity has a quality all its own. These businesses aren't just wasting billions – they're replacing skilled workers with defective chatbots. As I've written before, AI is the asbestos we're shovelling into the walls of our technological society. Our descendants will spend generations digging it out again, and the longer the bubble goes on without popping, the longer it will take to repair the damage." https://www.thenerve.news/p/cory-doctorow-ai-business-incentive-to-lie-useless-chatbots-report-nikhil-suresh #AI #llm #aibubble
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ianRobinson
Ian Robinson @ianRobinson@mastodon.social · Aug 07, 2026
💵🤖🫧🪦 Listening to Better Offline (Monologue: The Pale Horsemen Arrive): https://omny.fm/shows/better-offline/monologue-the-pale-horsemen-arrive In this week's Better Offline monologue, Ed Zitron runs through how 70% of Microsoft, Google and Amazon’s AI revenues are from Anthropic and OpenAI, with 7% of Microsoft’s FY26 revenue coming from OpenAI alone, and how this is cast-iron proof that demand for AI doesn’t exist at a scale that warrants any of the trillion dollars in capex they’ve spent. #AIBubble
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felix
Félix Tréguer @felix@mamot.fr · Aug 05, 2026
« "Ces investissements ne sont rentables que si les gens se mettent à utiliser massivement l’IA. Rien n’est acquis de ce point de vue là", explique Gilles Moëc, chef économiste du groupe Axa. Selon une étude publiée le 22 juillet par l’université du Texas à Austin, environ 33 % des salariés utilisent l’IA au travail. Ils étaient 46 % il y a un an. Le prix des puces mémoires, essentielles pour gérer les tâches d’IA, ajoute à l’inquiétude. Il a sextuplé en 2025 ». #AIbubble https://www.lemonde.fr/economie/article/2026/08/05/les-investissements-record-de-la-tech-americaine-ne-font-plus-rever-les-marches_6739441_3234.html
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mrundkvist
Martin Rundkvist @mrundkvist@archaeo.social · Aug 05, 2026
A lot of people seem to believe that if you ask an LLM to look through a database and calculate something, or extract data according to some criteria, then it will do exactly what you ask for. It won't. It will calculate an output that looks normal. And you won't discover this unless you do the same operation manually and compare. #llm #ai #aibubble
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mikemccaffrey
Mike McCaffrey @mikemccaffrey@drupal.community · Aug 05, 2026
When even #Texas conservatives are against #AI data centers, we surely must be close to the end of the #AIBubble. https://www.tomshardware.com/tech-industry/data-centers/texas-slams-on-the-breaks-for-1-800-data-centers-power-grid-requirements-are-five-times-higher-than-peak-record-demand-474-gigawatts-of-power-requests-are-now-subject-to-new-moratorium
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mrundkvist
Martin Rundkvist @mrundkvist@archaeo.social · Aug 05, 2026
It's artificial, all right. But it's not intelligence. #ai #llm #aibubble
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bielsubob
Bob 🇨🇦🇲🇽🇺🇦 @bielsubob@infosec.exchange · Aug 05, 2026
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’ https://fortune.com/2026/08/04/ray-dalio-ai-bubble-1929-2000-ipos-wealth-is-not-money/ #aibubble
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remixtures
Miguel Afonso Caetano @remixtures@tldr.nettime.org · Aug 04, 2026
"Last week’s tech earnings saw outlet after outlet claim that Amazon, Google, and Microsoft’s AI bets were “paying off” as their respective cloud segments reported record revenue growth, casually ignoring that none of them have broken out their AI revenues (...) To be clear, all three of these companies’ cloud platforms have many other customers paying for many other things other than generative AI services or AI GPUs, and they’ve all engaged in a combination of multiple outright price increases and changing their core subscriptions to force AI features on them as a means of boosting revenues and conning the street into believing that “AI is paying off” every time they non-consensually thrust it on their customers, framing higher prices as “better value” in a way that fucks the user to appease Wall Street. Yet the biggest con of all is that a vast majority of this revenue growth comes from the compute spend of Anthropic and OpenAI, both of whom account for the vast majority of AI revenues and overall cloud growth we’ve seen in the last few years. Every publication you read right now will tell you that AWS and Azure and Google Cloud are growing like wildfire as a result of the hundreds of billions of dollars they’ve invested in AI GPUs and data centers, when the truth is far simpler: their revenues are being buoyed by two unprofitable, unsustainable AI labs that cannot exist without being funneled tens of billions of dollars each year. And a decent chunk of that money is coming from the hyperscalers themselves. In the last seven months alone, Google has sunk $10 billion (and up to $30 billion more) into Anthropic, with Amazon funnelling $5 billion to Anthropic within a week of that investment and a total of $50 billion into OpenAI." https://www.wheresyoured.at/the-ai-demand-bubble/ #AI #GenerativeAI #AIBubble #AIHype #BigTech #OpenAI #Anthropic
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remixtures
Miguel Afonso Caetano @remixtures@tldr.nettime.org · Aug 04, 2026
"It seems as if we are in what often happens toward the final phases of a speculative time in the markets, what might be called a bubble, which is characterized by absolutely wild, insane swings in stock prices. These are not penny stocks; these are humongous massive cap tech stocks. Apple is down 10% today simply because they warned that their next quarter might not be as good as expected because memory and other component prices are so high. You have IBM losing more value in a single day after its last earnings warning than it had lost since Black Monday 1987. You have these massive tech stocks, which represent most of the value of the stock market, acting like penny stocks, and that tends not to be a great sign. That's usually when investors don't know what to make of the current state of things and are trying desperately to figure out where to put their money. There's a lot of tea leaf reading. It has varied widely. Meta, investors didn't like what Meta was saying. Their cash flow decreased dramatically because of the capex spending they're doing to build new data centers. Everybody freaked out on that and there was a big sell-off." https://www.theregister.com/ai-and-ml/2026/08/03/the-ai-bubble-is-already-popping-we-just-dont-know-it-yet/5282004 #AI #AIBubble #GenerativeAI #LLMs #AIHype #BigTech
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junesim63
JuneSim63 💚 @junesim63@mstdn.social · Aug 04, 2026
"After years of hype, and trillions of dollars, the AI boom will leave us with a captured economy, a corrupted democracy, and a devastated environment. We’ll be told that this is just how markets work – sometimes they go up, sometimes they go down. But this narrative obscures how decisions are really made in capitalist economies" Chilling read on the AI boom from Grace Blakeley. #AI #AIBubble #Capitalism #Data #Technology https://graceblakeley.substack.com/p/data-centres-and-democracy
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n_dimension
Wulfy—Speaker to the machines @n_dimension@infosec.exchange · Aug 03, 2026
Replying to @nixCraft@mastodon.social
@nixCraft@mastodon.social Hilarious that tea leaf readers into #aibubble Advising IT teams NOT to make Ai part of their production... ...use AI as part of their production (Podcast->Transcript) Shades of Doctorow #hypocrisy rallying the wood folk against AI while himself using AI 💀
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nickmurison
Nick Murison @nickmurison@infosec.exchange · Aug 03, 2026
I thoroughly enjoyed "The Reverse Centaur's Guide to Life After AI" by @pluralistic@mamot.fr, and in that context found this article by The Economist a somewhat hilarious read: https://www.economist.com/finance-and-economics/2026/07/28/ai-revenues-are-growing-fast-but-not-fast-enough Although I doubt it's intentional, it almost reads in a moralising tone, as if lamenting that we as consumers are not doing our bit to prevent the AI bubble from bursting. To some this thinking might even seem logical: Instead of supply aiming to meet demand, the market is "failing" to increase its demand to justify the overcooked investment in supply. #aibubble
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2k115
2k115 @2k115@mastodon.social · Aug 03, 2026
Replying to @nixCraft@mastodon.social
@nixCraft@mastodon.social ​The architectural design of a classic pump & dump. Insiders know ROI on AI infrastructure isn't matching cash burn. As institutional smart money offloads, retail buys the peak—setting up pensions as exit liquidity. When it pops, losses socialize, gains stay private. ​#AIBubble #MarketManipulation #TechEconomy
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Enalys
Enalys :dragn_verified: @Enalys@mastodon.zergy.net · Aug 02, 2026
I hope we could have 3Dfx back if NVidia dies of it $350bn loan. :dragn_pleading: #AIBubble #AI
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BillySmith
Billy Smith @BillySmith@social.coop · Jul 31, 2026
Ed Zitron being his usually-blunt self on The Tech Report today: https://www.youtube.com/watch?v=B07mYv-IeU8 One point that Ed made stands out for me. "We are not talking about the technology. We are talking about the financial engineering." I saw the same thing in 1999/2000/2001, where start-up's that seemed vaguely sensible started playing the stock market, instead of running the core business, as playing the stock market had become their core business... 🤦 #AI #AIBubble
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peterrenshaw
☮ ♥ ♬ 🧑‍💻 @peterrenshaw@ioc.exchange · Aug 01, 2026
“if your $500K engineer isn’t burning $250K in #tokens, something is wrong.” — Jensen Huan, Nvidia CEO #AI / #AIBubble / #engineer / #FinancialEngineering / #NVidia / #JensenHuan (paywall) / < https://archive.md/p4E3q&gt
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ecosdelfuturo
Pedro J. Hdez @ecosdelfuturo@mstdn.social · Jul 31, 2026
"The financial structure of the data center build-out makes it especially vulnerable to a crash. The deals themselves are built on enormously complicated debt and equity schemes that involve circular financing. The hyperscalers are investing heavily in the same companies they are counting on to buy their computing power. It’s what economists call an interlocking liability structure. " https://www.nytimes.com/2026/07/31/magazine/larry-ellison-ai-oracle.html #AIBubble
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lzon
lzon_ca @lzon@mastodon.social · Jul 28, 2026
What if useful AI is a fantasy? I tried to use AI in my work, but was it actually useful? https://lzon.ca/posts/other/llm-fantasy/ #IndieWeb #PersonalWeb #Blog #Technology #AI #LLM #AiBubble
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adrian_fellhauer
Adrian Fellhauer @adrian_fellhauer@sueden.social · Jul 28, 2026
In the bursting of the #AIbubble, it appears as though the chipmakers are being hit first. I assume that not only have investors lost confidence in the business model of #AI, but they in particular believe that scaling the models won't give as much benefit. #business
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