Fuck AI

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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.

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141

Is the AI bubble about to pop? Sam Altman is prepared either way. (arstechnica.com)

submitted 1 week ago by kennedy@lemmy.dbzer0.com to c/fuck_ai@lemmy.world

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[–] relianceschool@lemmy.world 4 points 5 days ago

That "someone" is pretty much everyone's stock portfolios/pensions/retirement plans, as about 60% of stock market gains in 2025 have come from AI megacaps. The "magnificent 7" make up about 35% of the entire stock market at this point, and they're all heavily invested (overleveraged) in speculative AI. When this bubble pops it's going to be nasty.