this post was submitted on 16 Apr 2026
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Fuck AI

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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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46
Allbirds shares soar 580% after pivot from shoes to AI (www.bbc.com)
submitted 1 month ago by osanna@lemmy.vg to c/fuck_ai@lemmy.world
7 comments fedilink hide all child comments
 

holy fuck, a shoe company........ pivoting to AI? WHY

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[–] mostvexingparse@lemmy.world 31 points 1 month ago (1 children)

just like the softdrink company that changed their name to "long blockchain iced tea" a couple of years ago, their shares soared 300% before tanking completely

gawd, i hope this bubble pops soon

[–] osanna@lemmy.vg 20 points 1 month ago

Could not agree more. Fuck this AI shit. I hope it pops bigger than the dotcom boom.

[–] teegus@sh.itjust.works 10 points 1 month ago

Still down 97% since 2021 tho.

[–] Toto@lemmy.world 9 points 1 month ago (1 children)

Cue the pump and dump trains!

[–] cyberpunk007@lemmy.ca 1 points 1 month ago

I smell a short

[–] LLMhater1312@piefed.social 4 points 1 month ago

Meme stock status?

[–] vrek@programming.dev 2 points 1 month ago

While stupid to pivot to Ai, the stock was only 3 dollars 2 days ago. The percentage increases are incredibly misleading, they were probably increased as a result of news stories of the company stock increasing 300% yesterday. Most stock brokers operate on if they think other people will want that stock later, not actual future value of the company or endorsement of any decisions of that company.