🔥💸 OpenAI could reportedly run out of cash by mid-2027
｢ even if OpenAI rethinks those limerence-influenced promises and "pays for others with its overvalued shares", there's still a financial chasm to cross. Mallaby isn't the only one thinking along these lines, as Bain & Company reported last year that, even with the best outlook, there's at least a $800 billion black hole in the industry ｣
🫧 The wealth of the top 1% reaches a record $52 trillion // CNBC
｢ The biggest driver of wealth gains at the top this year has been the stock market. The value of the corporate equities and mutual fund shares held by the top 10% increased from $39 trillion to over $44 trillion over the past year. The top 10% of Americans hold over 87% of corporate equities and mutual fund shares ｣
https://www.cnbc.com/2025/10/03/the-wealth-of-the-top-1percent-reaches-a-record-52-trillion.html
Remember how we were all supposed to be "left behind" if we don't jump on the Metaverse bandwagon? Especially businesses?
Yeah, about that:
https://www.theverge.com/tech/863209/meta-has-discontinued-its-metaverse-for-work-too
But today we should treat absolutely seriously all the bullshit about "being left behind" if we don't adopt "AI"! 🤡
💸 Oracle Sued by Bondholders Over $18 Billion Debt Offering Disclosures - Bloomberg
｢ The lawsuit claims that Oracle didn't tell investors it needed to raise a "significant amount of additional debt" to finance its artificial intelligence infrastructure, which made the bonds' creditworthiness questionable ｣
Und in #Bayern bauen sie die #KIGigafactory von Googles Gnaden. Was für ein Skandal. Das geht auch an Eueren Geldbeutel! #AI #KI #Bubble #Hype #Trump #Musk #Thiel
Spread the word. Ich habe das hier alle mal verarbeitet.
https://www.golem.de/news/ki-jetzt-wird-es-teuer-fuer-alle-2601-204124.html
Und in #Bayern bauen sie die #KIGigafactory von Googles Gnaden. Was für ein Skandal. Das geht auch an Eueren Geldbeutel! #AI #KI #Bubble #Hype #Trump #Musk #Thiel
Spread the word. Ich habe das hier alle mal verarbeitet.
https://www.golem.de/news/ki-jetzt-wird-es-teuer-fuer-alle-2601-204124.html
"Yet, it turns out no one is buying Copilot."
#Microsoft #Copilot #AI #KI #Bubble
"But why is Copilot’s growth and/or sales so bad? Well, one study tested these ‘agentic’ AIs, including Copilot, and found that they flat out failed to complete even simple tasks 70% of the time, rendering them somewhere between useless and an active hindrance.
The same is true for Microsoft’s cash baby, ChatGPT."
No shit, sherlock?
https://www.planetearthandbeyond.co/p/the-ai-industry-is-starting-to-unravel
(Danke, Mathias!)
｢ Samsung Electronics and SK hynix are projected to raise server memory prices by up to 70% in early 2026, according to Korea Economic Daily. "Combined with 50 percent increases in 2025, this could nearly double prices by mid-2026," ｣
🫧 Is the AI boom a bubble waiting to pop? Here’s what history says // Japan Times
｢ The potential for credit risk in the AI trade is making some investors nervous. After Oracle sold $18 billion in bonds on Sept. 24, the stock plunged 5.6% the next day and it’s down 37% since then. Meta, Alphabet and Oracle will need to raise $86 billion combined in 2026 alone, according to an estimate by Societe Generale ｣
"Yet, it turns out no one is buying Copilot."
#Microsoft #Copilot #AI #KI #Bubble
"But why is Copilot’s growth and/or sales so bad? Well, one study tested these ‘agentic’ AIs, including Copilot, and found that they flat out failed to complete even simple tasks 70% of the time, rendering them somewhere between useless and an active hindrance.
The same is true for Microsoft’s cash baby, ChatGPT."
No shit, sherlock?
https://www.planetearthandbeyond.co/p/the-ai-industry-is-starting-to-unravel
(Danke, Mathias!)
Prediction: In the near future, we will look at the OpenAI logo the way Gen X looks at the Enron logo from the early oughts.
When? Your guess is as good as mine. If I had the skill to time when bubbles will pop, I’d be a very rich person. But I think it’s closer to 2026 than 2030.
Prediction: In the near future, we will look at the OpenAI logo the way Gen X looks at the Enron logo from the early oughts.
When? Your guess is as good as mine. If I had the skill to time when bubbles will pop, I’d be a very rich person. But I think it’s closer to 2026 than 2030.
AI's Insatiable Hunger For RAM Is Going To Play Havoc With The Emulation Handheld Industry In 2026
｢ Emulation handheld maker Retroid is the first to signal the alarm, and has recently announced that it is ending Retroid Pocket 6 pre-order pricing early due to RAM shortages. ｣
🤡 Executives will keep doubling down on AI right before the whole thing collapses, and then they'll blame bigtech and the government for not doing proper due diligence on a bunch of broken ifs pushed by dropshipping moguls
https://www.techradar.com/pro/ceos-seem-determined-to-keep-spending-on-ai-despite-mixed-success
🫧 Oracle made a $300 billion bet on OpenAI. It's paying the price.
｢ Oracle stock has tumbled nearly 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline occurred on Thursday alone, as Oracle’s second quarter results failed to assuage a key concern for investors — that the company is too heavily reliant on OpenAI ｣
