this post was submitted on 30 Jul 2026
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These companies mortgaging their future because of FOMO on something that doesn’t show any evidence of profit for the foreseeable future.
The plan was that LLMs would fool the masses into thinking that “AI” was here and could do anything they desire, create art and stories, fix photos, solve problems…replace workers, engineer first-to-market solutions, find novel inventions, solve systemic problems. Do the budget instantly. Write better code than senior developers.
And the plan was that since this was so good, all the computing resources on the physical world would need to go to those companies. Everyone would be beholden to them, forever. If you can’t afford your own desktop then you have to use a tablet and rely on the cloud AI service to do your compute for you! Only $200 a month with 500GB storage. They want to become the arbiters of your mind, they want to have the ultimate control over everything.
But the AI oligarchs? they all saw each other going for it - so they built out so hard they’re stealing people’s homes. They’re actually getting governments to pull eminent domain for this shit, probably through the promise of a huge payout when they control everything.
And every lead poisoned dipshit boomer fell for it, they think the flying car future is here and that this is all “inevitable” while the worst of Gen X’s pathological hatred of humanity race to consume all the resources first in order to shut out their competition over a fake tech that doesn’t do what they claim it does.
And that's why almost all of the AI companies are American or Chinese. Because most other countries aren't stupid enough to let the corporations have that much control.