@cliffordheath @Sdowney @cstross and 7 billion people die in a year

@cstross

I asked ChatGPT:
Bottom line:
Yes, in the last 48 hours there are clear signs of stress across AI-linked stocks, rising skepticism, and valuation readjustment — which feels bubble-ish. But no, there’s not yet decisive evidence that the entire AI boom is bursting. It’s more like a market correction and repricing, with risk shifting from hype toward real earnings and competition.

If you want, I can break this down by specific companies, sectors (chips vs. software vs. services), or what this might mean for investing or the broader economy.

Bubble-ish….like ChatGPT is a 45 yo guy from Brooklyn.

And then it requested access to my microphone.

Maybe the day will come when it doesn’t ask.

@cstross nah, it's probably not over, at least not yet

@cstross think it is just going to normalise along what it is always about... Existing advertising corps will run the bullshit generators baked into their honeypots - search, social media etc. Others who foolishly tried to incorporate it into their products without really having this reach already will scale down. Masses will by default increase the use of BS generators as it will be at the core of their tech use.

@cstross
1. The classic game of chicken
2. Echo chamber of yes men
3. They have the insider knowledge when the dump will happen.

That's my experience from the crypto world. That's how it usually happens. They will be the ones to scream "buy the dip, the upside is still unlimited" while emptying their bags on the retail investors.

@adamrice

@cstross Jensen, are you seriously telling us you didn't think OpenAI were dodgy before today? I don't believe you, no one believes you.

@bjn @cstross @adamrice It's a promo to drive sales yet again. I'm looking forward to the GPU and RAM flash sales. I have some nice local model things I wanna try, without data sharing across the interwebs.

@cstross @GreatBigTable

In both cases, the founders appeared in the Epstein files.

@cstross

I hope so. I am finally in a position to invest in stocks, but the blatant AI bubble has made me leery of doing that just now.

@cstross Not fast enough. With a bubble this distended, it needs to pop violently, maiming everyone involved with it, not just slowly deflate, giving the people who caused it time to escape to the next bubble.