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Submitted at 10-01-2025, 03:15 PM by a total mess | |
8 Comments | |
"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst and take the whole economy with it?"
I said, "Yes, that's right."
He said, "OK, but what can we do about that?"
So I re-iterated the book's thesis: that the AI bubble is driven by monopolists who've conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into some other sector, e.g. "pivot to video," crypto, blockchain, NFTs, AI, and now "super-intelligence." Further: the topline growth that AI companies are selling comes from replacing most workers with AI, and re-tasking the surviving workers as AI babysitters ("humans in the loop"), which won't work. Finally: AI cannot do your job, but an AI salesman can 100% convince your boss to fire you and replace you with an AI that can't do your job, and when the bubble bursts, the money-hemorrhaging "foundation models" will be shut off and we'll lose the AI that can't do your job, and you will be long gone, retrained or retired or "discouraged" and out of the labor market, and no one will do your job. AI is the asbestos we are shoveling into the walls of our society and our descendants will be digging it out for generations. | |
Submitted at 10-01-2025, 02:02 AM by Wreckard | |
The actor-comedian details his experience at the event: "Definitely one of the top three experiences I've ever had ... I think it's going to lead to a lot of positive things." | |
Submitted at 10-01-2025, 01:56 AM by sleeppoor | |
Newly elected Arizona Rep. Adelita Grijalva says her swearing in ceremony has been delayed over her support for a petition to release Epstein files. | |
Submitted at 09-30-2025, 08:59 PM by sleeppoor | |
A colossal volcanic eruption in January 2022 ripped apart the underwater cables that connect Tonga to the world – and exposed the fragility of 21st-century life | |
Submitted at 09-30-2025, 10:56 AM by B. Weed | |
Submitted at 09-29-2025, 04:08 PM by Wreckard | |
Screenshots shared with 404 Media show tenant screening services ApproveShield and Argyle taking much more data than they need. “Opt-out means no housing.” | |
Submitted at 09-30-2025, 05:59 AM by sleeppoor | |
Among the dock workers
A general strike erupted across Italy on Monday and some half a million people took to the streets in one of Europe’s largest mobilisations against the war on Gaza. Actions took place in at least 75 municipalities under the slogan ‘Blocchiamo tutto’ – ‘Let’s Block Everything’ – shutting down schools, disrupting trains, and obstructing roads and ports. The largest crowds gathered in the major cities – 100,000 in Rome alone, according to organisers, where protesters occupied the main railway station before marching through the streets. The strike was called by several grassroots unions who demanded that the government end commercial and military cooperation with Israel. In parliament, Riccardo Ricciardi of the Five Star Movement described the demonstrations as an attempt to ‘restore Italy’s honour’. Ministers of the ruling Fratelli d’Italia, meanwhile, expressed support for the security services who have used pepper spray, tear gas and water cannon on the crowds. Prime Minister Giorgia Meloni – in New York for the UN General Assembly – condemned the disorder at the central station in Milan. Her government has been among Israel’s staunchest European supporters, though there are signs that popular pressure is having an effect, even if largely symbolic. | |
Submitted at 09-30-2025, 04:52 AM by sleeppoor | |
Submitted at 09-30-2025, 04:40 AM by sleeppoor | |
Natalie Dormer has said she won’t promote ITV and Britbox‘s upcoming drama series “The Lady,” in which she plays Sarah Ferguson, following revelations over the Duchess of York’s connections to deceased sex offender Jeffrey Epstein. The Brit actress has also said she has donated her entire salary from the show to charities focused on child abuse.
The news comes after a leaked email from 2011 was recently published appearing to show Ferguson, the former wife of Prince Andrew, apologizing to Epstein having publicly rejected him years after he was jailed for sex offenses in 2008. | |
Submitted at 09-30-2025, 04:39 AM by sleeppoor | |
The AI upheaval is unique in its ability to metabolize any number of dread-inducing transformations. The university is becoming more corporate, more politically oppressive, and all but hostile to the humanities? Yes—and every student gets their own personal chatbot. The second coming of the Trump Administration has exposed the civic sclerosis of the US body politic? Time to turn the Social Security Administration over to Grok. Climate apocalypse now feels less like a distant terror than a fact of life? Inthreeyears,roughly a tenthofUS energy demand will come from data centers alone. | |
Submitted at 09-30-2025, 03:44 AM by sleeppoor | |
Exclusive: Miller’s homeland security council has played a key part in coordinating operations, sources say | |
Submitted at 09-29-2025, 08:19 PM by sleeppoor | |
As a trans journalist, I see corporate media outlets as inconsistent in their treatment of right-wing disinformation. | |
Submitted at 09-29-2025, 07:06 PM by sleeppoor | |
Legal experts speak of ‘cruel’ and harmful deprivations for families held in Texas immigration facility | |
Submitted at 09-29-2025, 03:21 PM by sleeppoor | |
Submitted at 09-29-2025, 06:12 PM by B. Weed | |
Submitted at 09-28-2025, 10:38 PM by get the rag | |
Submitted at 09-28-2025, 09:44 PM by sleeppoor | |
Submitted at 09-28-2025, 09:24 PM by sleeppoor | |
Submitted at 09-28-2025, 09:21 PM by sleeppoor | |
President Trump had said he will send troops to Portland to protect U.S. Immigration and Customs Enforcement facilities, which he said were "under attack." | |
Submitted at 09-28-2025, 08:43 PM by sleeppoor | |

"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst and take the whole economy with it?"
I said, "Yes, that's right."
He said, "OK, but what can we do about that?"
So I re-iterated the book's thesis: that the AI bubble is driven by monopolists who've conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into some other sector, e.g. "pivot to video," crypto, blockchain, NFTs, AI, and now "super-intelligence." Further: the topline growth that AI companies are selling comes from replacing most workers with AI, and re-tasking the surviving workers as AI babysitters ("humans in the loop"), which won't work. Finally: AI cannot do your job, but an AI salesman can 100% convince your boss to fire you and replace you with an AI that can't do your job, and when the bubble bursts, the money-hemorrhaging "foundation models" will be shut off and we'll lose the AI that can't do your job, and you will be long gone, retrained or retired or "discouraged" and out of the labor market, and no one will do your job. AI is the asbestos we are shoveling into the walls of our society and our descendants will be digging it out for generations.
The actor-comedian details his experience at the event: "Definitely one of the top three experiences I've ever had ... I think it's going to lead to a lot of positive things."
Newly elected Arizona Rep. Adelita Grijalva says her swearing in ceremony has been delayed over her support for a petition to release Epstein files.
A colossal volcanic eruption in January 2022 ripped apart the underwater cables that connect Tonga to the world – and exposed the fragility of 21st-century life
Screenshots shared with 404 Media show tenant screening services ApproveShield and Argyle taking much more data than they need. “Opt-out means no housing.”
Among the dock workers
A general strike erupted across Italy on Monday and some half a million people took to the streets in one of Europe’s largest mobilisations against the war on Gaza. Actions took place in at least 75 municipalities under the slogan ‘Blocchiamo tutto’ – ‘Let’s Block Everything’ – shutting down schools, disrupting trains, and obstructing roads and ports. The largest crowds gathered in the major cities – 100,000 in Rome alone, according to organisers, where protesters occupied the main railway station before marching through the streets. The strike was called by several grassroots unions who demanded that the government end commercial and military cooperation with Israel. In parliament, Riccardo Ricciardi of the Five Star Movement described the demonstrations as an attempt to ‘restore Italy’s honour’. Ministers of the ruling Fratelli d’Italia, meanwhile, expressed support for the security services who have used pepper spray, tear gas and water cannon on the crowds. Prime Minister Giorgia Meloni – in New York for the UN General Assembly – condemned the disorder at the central station in Milan. Her government has been among Israel’s staunchest European supporters, though there are signs that popular pressure is having an effect, even if largely symbolic.
Natalie Dormer has said she won’t promote ITV and Britbox‘s upcoming drama series “The Lady,” in which she plays Sarah Ferguson, following revelations over the Duchess of York’s connections to deceased sex offender Jeffrey Epstein. The Brit actress has also said she has donated her entire salary from the show to charities focused on child abuse.
The news comes after a leaked email from 2011 was recently published appearing to show Ferguson, the former wife of Prince Andrew, apologizing to Epstein having publicly rejected him years after he was jailed for sex offenses in 2008.
The AI upheaval is unique in its ability to metabolize any number of dread-inducing transformations. The university is becoming more corporate, more politically oppressive, and all but hostile to the humanities? Yes—and every student gets their own personal chatbot. The second coming of the Trump Administration has exposed the civic sclerosis of the US body politic? Time to turn the Social Security Administration over to Grok. Climate apocalypse now feels less like a distant terror than a fact of life? Inthreeyears,roughly a tenthofUS energy demand will come from data centers alone.
Exclusive: Miller’s homeland security council has played a key part in coordinating operations, sources say
As a trans journalist, I see corporate media outlets as inconsistent in their treatment of right-wing disinformation.
Legal experts speak of ‘cruel’ and harmful deprivations for families held in Texas immigration facility
President Trump had said he will send troops to Portland to protect U.S. Immigration and Customs Enforcement facilities, which he said were "under attack."