Oh an inevitable slowdown coming for AI capital expenditures? And that happening would mess up the markets when it happened? Crazy idea. Oh it'll be really horrible? Because the AI trade will be obviously bullshit as there's no revenue? Damn. That's crazy archive.ph/2025.09.05-1...
hahaha
Yeah this is a keeper
AI companies are the subprime mortages of tech.
Ed, you're being smug. Please continue.
I rarely enjoy smugness, but 😅
Best version of that meme I've ever seen.
If the worst case scenario these people can envision is a return to 2022 levels…they lack vision
The Darien Scheme of Tech.
May Smiling Man Season never end.
Literally nobody saw this coming. Not a single podcast. Not even a saucy Brit could have foreseen this. It was just not possible.
It's like every techbro is on a bus and nobody wants to get off the bus because if one person gets off the bus then the whole bus crashes. But if they all stay on it goes off a cliff. Kind of a win-win, but it won't be pretty.
More and more I see ghosts of the 2008 housing bubble crash. Maybe they're actually zombies.
How did literally every single person miss this? I If only there had been one dude with a newsletter and podcast who could've **checks notes** looked up information, thought about it, and then said "u wot m8?".
Ideally with a bunch of really cool cats. Not that that's relevant, I'm just painting a bit outside the lines here.
Yup, no one really wants to pay for hallucinations
I've actually gotten to the point where I'd be happy to pay a small subscription fee if it guaranteed I'd never have to be involved with this daft LLM chatbot stupidity ever again. Okay, that's not true -- I'm open to it being a *large* subscription fee.
omg that quote in the third pic
“we expect” is some load-bearing fairy dust
Load bearing "eventually"
Looking forward to these products no longer existing