this post was submitted on 02 Feb 2026
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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.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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The economy hasn't been fine for a while.
It is beginning a concern in some economics circles that a large chunk of the COVID stimulus went into asset inflation as the isn't a good way to claw back the money created from asset valuation. This has been causing further wealth inequality.
It is so bad that a lot of companies geared towards average consumption are seeing revenues drop because people can't afford to do things like shop at Target or buy a burrito.
AI has been all the economic growth for the US economy for the past few quarters. Everything else is looking like 2007.
Edit: Realizing I didn't fully answer your question...
Based on above, there is some concern regarding if/when the AI bubble is going to pop. This is made worse as other market segments are starting to have liquidity issues, like Sunbelt residential real estate and Class A office real estate. The loss of liquidity in these markets could freeze up other markets, including the markets investing in AI.
Without loans, AI companies are going to need to become profitable far sooner than they were planning. The current consensus is that AI isn't going to become profitable soon, so a loss of liquidity could bankrupt several AI companies.
This is causing AI companies to freak out about any negative press since these companies are screwed if the market thinks liquidity is drying up so better to cash out now, which will effectively cause a bank run on these companies.