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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
Kjaerulv ("kjaerulv") wrote:
'It's imploding. The take is that he's a decent stock picker but didn't hedge properly and was way over-leveraged. So $45 billion turns into $10 billion. These are the kinds of things you see as a bubble starts to burst.
I've seen a lot of memes on the AI forums I follow, many in the AI community say "AGI is already here, we just don't realize it yet." I would counter that "the AI bubble pop is already here, we just don't realize it yet."
https://www.theregister.com/ai-and-ml/2026/08/03/the-ai-bubble-is-already-popping-we-just-dont-know-it-yet/5282004