AI industry looks to me like it’s heavily over-leveraged and about to crash out in a big way. We’ve seen since at least:
- OpenAI invested heavily nvidia, which is invested in OpenAI 
- Sam Altman float being “too big to fail” and being rebuffed on “this echoes too much like 2008
- Numerous AI-led corporate and even government embarrassments and task failures, if you will
- Studies like those the AI Now Institute has conducted that credibly question whether AI usage has meaningfully increased labor productivity
- About a gazillion fearmongering takes that ‘AI is replacing white collar jobs, probably tomorrow’
- And now, this.
https://blossom.primal.net/e14958adbf78af6eac1ff73189eab1a5aea2e2e9d99a3ee92cc239ff50595af4.jpg