this post was submitted on 28 Jul 2026
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I really hope the AI bubble pops soon and takes at least some of these stupid companies with it. They've been operating at a GIANT loss for years at this point, how much longer will this go on?
Depends on how much power the financiers have to fabricate capital from debt. In modern economics that's not necessarily a limitation. I do hope it will be tho.
The way I see the situation is that every single AI company can clearly see the massive wall they are speeding ever faster towards, they see it and can also see that it is a massive wall, thick and sturdy.
There is however one thing that keeps them pushing the accelerator down hard against the floor, the delusion that they alone is smart enough to find the prefect weakpoint where they can smash through to the promised land of massive promises, while everyone else is just flattened against the wall.
It is extreme narcissism combined with yes men powering this shit.
i think they are just making sure they arnt holding the bag. thats why i keep seing new AI startups popping up.
Nevermind that when this bubble pops, the US govt will give them all the money they need from our taxes.
Investors are starting to notice that it’s all smoke and mirrors in terms of the profits. I am reasonably sure it will pop this year. I will be utterly shocked if it doesn’t pop by the end of next year. It’s just so comically and obviously unsustainable.
This is gonna go down as the biggest Ponzi scheme of all time, I swear.
I dunno, the GameStop Bros are still waiting for MOASS. So I'd say the wealthy have more ways to keep the plates spinning than we wish they did.
At least GameStop is profitable though.