Oh gee, hope they don't look into the US government!

Could the CEOs be lying to us? No, the little angels would never do that.

Hey ChatGPT, what is an economic bubble?

i bet they asked chatgpt and chatgpt assured them it was a wise investment

ChatGPT recommends that the best place to buy children’s clothes near me is an auto parts store. People who use LLMs as search engines are a special breed.

Unless they’re terminally online or specifically interested in this tech, most people don’t know an LLM is any different from a search engine (and don’t know how those work either). There’s a massive gap in factual awareness about LLMs. People think what is marketed to them. We must inform them!

“Surely seven people wouldn’t all be dumb, would they?”

Seven people all in the same group chat, they must be sharing all their brilliant ideas together

Who all can press a button and someone will do literally anything they want them to at a moment's notice, surely they have realistic understandings of the world at large!

Just asking Grok over and over, "is this a good idea? This is a good idea, right?" And it says no, so they release a new version that says Yes, Absolutely

Reminds me of VR Gaming. Tech entirely defined by what it isn't is always going to have issues.

It would only require those CEOs to like power

When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.” Charles "Chuck" Prince, Citigroup July 2007.

Mulling use of word implying « intelligence » in AI. Seems it’s a marketing term suggesting smarts when actually it’s machine/based Auto-Flattery.

We taught a computer to talk like middle management and made the mistake of thinking that made it intelligent instead of realizing that middle managers aren’t.

😂

Looks at the dot com bubble. Looks at the mortgage bond crisis. Looks at the Tulip Bulb Frenzy and the South Sea Bubble.

It's insane to me how quickly everyone forgot about the billions and billions of dollars Zuck wasted on the metaverse These guys *constantly* waste 10+ digits on obviously dumb things

if AI isn't all it's cracked up to be, that would mean tech billionaires are just rich idiots! so, uh… surely it'll turn around… right, guys?

But where did this appear?

www.axios.com/2025/09/02/a...

Thanks! Not surprising. I honestly think narcissism is behind this weird phenomenon of refusing to cite. They think we’re all living inside their heads with them and if not, they can’t be bothered to paste in a link or just write “fucking Axios” or something.

It could be. More likely it's just engagement bait. The rest of the article doesn't matter to OP, just the snippet and getting mad it it.

"Could the same CEOs who were wrong about VR and NFTs be wrong about AI? Of course not! That would be silly." -a disturbing number of people apparently.

There’s never been massive capital investment delusions before! Tulips, what are those?

The housing market can only ever go up!

We'll see who's laughing when I cash in all my NFTs!

Dot-coms? Never heard of it!

Mortgages? Everyone needs a bigger house right?

their hubris will be our liberation

How could 7 men in the same group chat be wrong about something?

The AI's New Clothes: made from the invisible threads of other people's copyright work

When you want to quote tweet with a joke but it would be like putting a hat on a hat.

seven dumb bitches telling each other "exactlyyyy"

Wow! SEVEN WHOLE PEOPLE sharing a collective delusion? Unthinkable!

Not my original: "We're that close...." "We just need 20,000,000,000 more"

What's more likely? AI just sucks, or seven billionaires are fucking stupid? 🙈

The only company whose ceo I'm convinced isn't delusional about their core product is Costco

Ben and Jerry, question mark

Arizona ice tea as well

Soooooooo close.

It’s not like there are innumerable historical precedents and economic analyses of such a thing

Yeah no. Everyday people are not the audience. Business is. People will never make as many individual uses of the “AI” as business does. People are tertiary users

surely the Captains of Industry would never follow the hype cycle

7 Dwarfs Agree: Mining is Fun

**EVERY** CEO of America’s seven biggest companies huh Soooo… *every* *single* *one* of… seven people? Who are without a doubt all part of the same group chats? And continuously engaged in following each other and competing for each other’s approval?

This post brought to you by Pets.com

What if… people made money on company valuations rather than on the usefulness of the technologies they build? imagine how bad that would be…

ding ding ding ding ding

Great news guys - if ur better at allocating risk-weighted capital, there’s a thing called the derivatives market and you can short sell all of them

also, all these massive tech companies remain valued as growth stocks, despite being the biggest companies on Earth. Facebook missed US user growth targets and lost $250 billion in a week. they NEED the dream of AI for investors, to justify their valuations, whether they believe it or not

like, the metaverse, NFTs, etc… the guys in charge likely know each successive fad is garbage, but they have to hype them because hype is what their valuations are based on. if the illusion of limitless growth drops away, they die

Historians are going to call them the Malignant Seven

"How could the people in charge all be wrong about everything at the same time" no, I will not be discussing the Iraq war or 2008 at this time

It's like watching that friend who keeps dating horrible people, unable to consider red flags.

@alt-text.bsky.social

Alt text retrieved

Those guys were pretty delusional about the supposed benefits of off-shoring, raider buyouts, and stock awards to top executives.

I read an article today that said ChatGPT was hiring people to make the responses more human-like and less disorganized

@alt-text.bsky.social

Alt text retrieved

And a ridiculous number of politicians have jumped on the bandwagon too. It *really* does make you start to question the intellectual capabilities of these people.

credence granted!

It would require seven billionaires to be delusional about something they’ve sunk billions of dollars into? Huh whelp that can’t be it

"Every CEO" and then actually they just mean a handful of people

one of many Simpsons quotes that permanently rewired my brain comes from the 1999 Treehouse of Horror and goes "oh honey, that can't be true. If it were, I'd be terrified!"

Surely these rich men couldn't be wrong about something. Rich people are famous for being right about things. God the sarcasm is making my face muscles twitch.

Big if true!

can you link the source for this please? it's incredible stuff.

www.axios.com/2025/09/02/a...

actually that quote above does not appear to be in this article? even 4 "go deepers" in?

it was in the morning email version

thanks!

Weird. It was there when I replied, and it's in the archive. archive.is/4dSyZ

ah there it is, thanks

that's the worst title i've ever seen for an article. thank you!

It's not easy for a dumbass to become a billionaire, but it's REAL easy for a billionaire to become a dumbass.

I mean it is it's just generally having absolutely no morals and a willingness to shaft everyone else to get ahead

People also usually need to start with some kind of wealth and/or lots of connections & luck. Plenty of dishonest assholes out there that don’t get ahead otherwise… and they line up to suck the asses of the ones at the top.

Since the AI on my phone couldn't spell "solar" yesterday, I don't have much hope for answers to bigger questions. And I had to force the damn stuff to agree that living in one state while representing another is "morally wrong." Garbage in, garbage out.

Sounds like Flubberville, who lives in Florida, but got elected in Alabackwards 🤦‍♂️

Yoi!!! They just gotta change that "but" to "and" and they will have a solid grasp of reality

What if all the heads of big American banks were selling things literally called “liar” loans in the early 2000s. Mass delusion by industry leaders??? It could never happen

I was on a quarterly meeting run by our executives and they were hyping up Ai and one specifically said “I haven’t seen people this excited about a technology since the dot com boom”.

Six are buying from the one so who's the delusioned?

AI will be the biggest bubble of big bubbles.

lmaoo

See: crypto…

"but that would require apes to be worth nothing no matter how many slurp juices you used"

A small group of industry 'leaders' exposing their company and investors money to absurd levels of risk? Luckily, the dot com bubble and 2008 financial crisis have already proven this could never happen.

🔥

Yes. If everyone else is doing it, then they cannot risk not following, even if they dont believe the hype.

The emperor could never be naked! Let us applaud his fine invisible clothes

You can "invest" the money and still make money from it. That is the grift.

I’ve never felt more invested in the failure of new tech than I do in AI in the hands of the oligarchs

"but this would require every bakery to bake bread"

Vibes

Considering that AI use is leading to delusion and psychosis, I would say that is a distinct possibility

Nobody learned anything from NFTs, blockchain or the metaverse, rich people can be completely deranged too.

No,I think they learned exactly how to turn hype into money and then take their money out before hyping the next thing.

Which will be quantum computing or another run at AR.

writing around these spaces prerequires the author to ignore the things these CEOs say and do in order to avoid the obvious conclusion that they're really, really stupid.