@jackwilliambell@rustedneuron.com
Post #4357344
2026-08-02 19:40 UTC
#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
Replies (1)
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@cstross@wandering.shop 2026-08-02 19:46
@jackwilliambell@rustedneuron.com See also Oracle's woes: https://www.notesfromthecircus.com/p/the-house-of-ellison-is-on-the-brink