From his latest article:

One of my sources has come forward and brought me a story that will possibly burst the AI bubble. The reason they brought this to me is that I’ve shown — and will continue to show — that I actually give a shit about this industry and the people in it. If you’re wondering what the story is, know that it’s the information I’ve wanted for years, delivered as I have always wanted it, and I will treat it with the reverence it deserves. Imagine what the worst possible thing for me to get would be and you’re probably close.

Link: https://www.wheresyoured.at/ai-is-slowing-down/

I must say I’m pretty excited.

  • merc@sh.itjust.works
    341·
    3 days ago

    I like Ed, but I don’t think there’s anything he could say or do that would blow up the AI grift. It just has too much money riding on it now. I think it will blow up on its own at some point. Until then, the most someone like him can do is to put out stories so that its demise is seen as obvious in retrospect once it happens.

    • IronBird@lemmy.world
      6·
      2 days ago

      the casino is designed to build and pop bubbles, anyone with the tiniest bit of experience in this rodio knows AI is a shitball.

      the issue is…there is loads of $ to be made passing a shitball around, just a matter of hedging properly so your not holding the bag ultimately.

      there’s an old Soros quote that goes something like “if you find your in a bubble, your job is to jump in and inflate it as much as possible”

    • I Cast Fist@programming.dev
      101·
      3 days ago

      I also doubt it’ll be enough to “blow” the grift. “The market can remain irrational longer than you can remain solvent”. Granted, Altman, Thiel and other scum are already feeling the metaphorical knife edging closer to their throats, because investors are just like loan sharks.

      • merc@sh.itjust.works
        1·
        2 days ago

        The companies plan to go public to let their early investors get rich, and leave dumb investors (and possibly pension funds obligated to buy things that are over a certain size) holding the bag.

      • itsjustachairmary@lemmy.world
        3·
        2 days ago

        I agree with you. I will say, the only way to blow this up would be to go for the investors. To scare them away. But like you say, the market is irrational. Hell, we see this with SpaceX and Tesla that are both grossly overvalued.

        I am still looking forward to his revelations, because I like to watch pro AI gremlins suffer.