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this post was submitted on 16 Aug 2026
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Fuck AI
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"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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SpaceX IPO was 90% XAI 10% spaceX.
They made up an IPO price bypassing the bankers and then forced it into everyone's Retirement Accounts with early adoption into the indexes.
OpenAI and Anthropic will do the same. They will pump it to the moon. Then IPO to the moon Vic's will cash out at 100x profit as everyone's retirement crater and reduce by half.
At the same time the economy goes great depression 2.0 as the bottom drops out.
They are talking about a value of $2 trillion for Anthropic. Somebody is going to lose a lot of money.
Be long puts.