@jackwilliambell@rustedneuron.com
Post #4211949
2026-07-29 20:04 UTC
Meanwhile, over at #Amazon headquarters…
> Amazon Is Gutting Its #AI Division After Sustained Failure. https://futurism.com/artificial-intelligence/amazon-ai-division-failure-nova
> … Amazon is scaling back the ambitions of most of its Nova AI models and reorganizing its AI development teams as part of an effort to narrow its focus on “highest priority” goals, after its power-hungry large language models turned out to be a bust.
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@jackwilliambell@rustedneuron.com 2026-08-02 19:40
#bubblewatch update: This is one of the signals I've been watching for! > A Prominent AI Investor Is Now Crumbling, in What Could Be a Sign of Things to Come. https://futurism.com/artificial-intelligence/situational-awareness-ai-investor-crumbling > Situational Awareness, a much-hyped AI hedge-fund … basically imploded over this month amid a mass tech sell-off … it’s now down 67 percent … forcing Aschenbrenner to desperately seek clients to buy its shares on the cheap to cover its losses. See also: > https://en.wikipedia.org/wiki/Ponzi_scheme#Unraveling #AI #bubble #PonziScheme