@jackwilliambell@rustedneuron.com
Post #4211950
2026-07-29 20:02 UTC
#bubblewatch update:
Is the bubble already popping in Asia? Or is this just a preview?
> South Korean Authorities Scrambling to Save Stock Market From #AI #Bubble. https://futurism.com/future-society/south-korea-stock-panic-kopsi-kosdaq-circuit-breaker
> Across July 28 and 29, Seoul Economic Daily reports widespread panic triggered not just one but two “circuit breakers” on the Korea Exchange, a sort of automated kill switch that halts regular trading for 30 minutes so panic-stricken traders can gather their thoughts.
#markets
Replies (1)
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@jackwilliambell@rustedneuron.com 2026-07-29 20:04
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.