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People need to wake up and recognize that so-called "economic growth" is a very yesterday idea. So 2024.

Wonder why? www.instagram.com/reel/DTYBpa7...

Any second now, it's going to come good. Double or nothing.

but hey consumers won't have hard drives or ram for the rest of this decade so there's that (imagine all the great deals on barely used server hardware when this bubble bursts like the subprime fraud)

I'm shocked. And stunned.

Every photo I have ever seen of Clammy Sam looks like an AI image generated with this prompt: Man in a room with a dog and a jar of peanut butter surprised by his wife arriving home 45 minutes early

Well of course. AI is a tool that lets people make their own stuff for free, instead of having to pay for it... Why would anyone expect that to MAKE money?

Why do I get the feeling this is a lie? Why do I get the feeling they *negatively* contributed to the economy?

Ask two or more AIs when PhD economists should have figured out Planned Obsolescence in automobiles. 1939 Technology designed without Computers:

So, Goldman Sachs says this, and Deutsche Bank says the opposite. Both interpretations are bad for AI, but still…. fortune.com/2025/12/23/u...

I love that picture choice, it’s like he just found out.

Absolute putz

It was supposed to be a nonprofit company.

But the oligarchs keep getting richer on just the promise of total control from their scam for it. bsky.app/profile/gizm...

Smells like Enron

Low key homophobic to shoot my man being this expressive when e.g. Wario Anthropic and Doug Blueowl are at least 80% as full of shit and could not give 3% as much face

bsky.app/profile/seno...

80% seeing no impact is insanity. Burning billions of dollars and destroying the environment for what?

When AI tanks, are they going to get the Theranos treatment because rich people also fell for it? Or will they get a bailout because too much of the economy is resting on it?

If there is any justice in this universe, Sam Altman will spend the rest of his life in jail

Not to mention the time lost to clicking out of AI pop-ups and trying to figure out how to disable it all. I feel like I spend half my workday trying to stop AI from writing for me

those billionaires who’ve been lying about it sure did ok

Not true, it added exactly $1.89

Such a complete SHOCKER, who could've POSSIBLY seen THAT coming...

Sure. I can however also imagine negative impacts to certain professions only showing up after years, e.g. collapse in labor marked for lawyers and coders because entry level jobs get slashed for several years during the current ai craze which leads to missing 2nd-level applicants later.

The West is still chasing the holy grail of AGI. China's approach seems a bit more pragmatic.

Not only has it not improved productivity, but it has worsened quality. And even worse, it’s limiting professional growth, because people take shortcuts instead of learning actual skills.

If I was as rich as this dude I’d at least have the decency to not be ugly.

Let AI take over jobs so people are out of work. Yeah, that’ll help economic growth.

Sam Altman has never made a profit. Another Thiel puppet.

Read it and find out. 🙂

I was selling magazine advertising in a start PI mag and sending letters out with ‘NASDAQ 6000?!’ and of course in March, that ended. AI is a wonderful tool, but it’s just a tool, like an online shopping cart or search engine. How did those past bets work out?

Following you because I totally agree!

Instead of fixing important things to make life better for people, the super-rich have decided to drop massive amounts of money into a large bucket and set it on fire

Oh yes, more kudos, there ya go.

The next years are going to be SO MUCH FUN, constantly questioning everything we don't see with our own eyes, avoiding scams, and paying higher electricity bills. Such a bliss.

Considering how unhinged he sounds every time he speaks on camera, that tracks.

Ugh don't make me root for the AI but they're probably better off in that scenario but I agree with the sentiment overall

is that a lot

Ah, but credit default swaps on major AI companies are soaring, harkening back to an earlier time. economictimes.indiatimes.com/news/interna...

have they tried throwing more money in the hole?

Oh look, it's a Ponzi scheme, just like crypto.

It’s a toy. Nothing more.

am I wrong to say that: it is almost, looks like we are re living 1997 yahoo momentum and the rush to registration of WWW. Names?

@edzitron.com Is that good?

AI hype.

40% of 2025 U.S. CapEx was AI Silicon Valley spent $450 billion

investemtns. i'll take this snicker-worthy error over an ai-written article anyday, frankly.

Thats basically what AI is, starting with the very deluding name

Naming the company would also do these things.

On the other hand every time I see a picture of him it reminds me he is empty headed numpty who isn't qualified to run a Sacramento Arby's and only got into his position and wealth by manipulating gullible old men

I keep thinking this dude is Tobuscus for some reason

Now do everything it took from us

That’s the thing about shitty bubbles. They pop. :p

Cook um. Every single one. #EatTheRich

Sam Altman should be in jail

@akhilrao.bsky.social Given this and low unemployment numbers, would this be what we'd expect to see if the tech's value is going to labor? Workers putting in same number of hours, getting paid the same, but productivity benefits are going to labor in the form of free time or flexible time?

Added nothing, stole to an obscene degree. The sooner this rancid pustule of soul-sucking bollocks is lanced, the better. (Applies equally well to the billionaires pushing it as to the tech itself.)