The AI boom is more overhyped than the 1990s dot-com bubble...

[Papusan]

 

 

The AI boom is more overhyped than the 1990s dot-com bubble, says top economist

Sky-high price-to-earnings ratios suggest investors are overestimating the value of AI

 

 

 

Of course Altman change course. Always what will benefit him. But the bubble will burst. Not if, but when.

 

Sam Altman steps into political power vacuum after Musk breaks with Trump

Sam Altman teases 100 million GPU scale for OpenAI that could cost $3 trillion

[Papusan]

 

AI-generated legal filings are making a mess of the judicial system

Honestly, who didn't see this coming? Legal experts say it's only going to get worse...

[kojack]

Agreed 100 percent. Ai is mainly used for making images of 3 boobed women. Not taking over the world. ha ha. 

[Papusan]

On 7/23/2025 at 12:24 PM, kojack said:

Agreed 100 percent. Ai is mainly used for making images of 3 boobed women. Not taking over the world. ha ha. 

 

Also to fire employees they don't want.... 

 

Tech industry layoffs hit 100,000 for 2025 — Intel leading the pack with over 12,000 personnel cut, so far

 

The other companies that laid off thousands of personnel are not suffering from poor financial performance, but changing priorities and technologies are forcing them to pivot. The biggest disruption so far is delivered by AI, with institutions turning towards automation to reduce their workforce. 

 

 

Sam Altman warns AI could wipe out entire job categories, customer support roles most at risk

 

 

Sam Altman says some jobs will disappear because of AI, but he wouldn't trust ChatGPT as a doctor.

 

 

[kojack]

Oh yes, capitalism at its finest here.  My wife's job is not safe, mine is until I am replaced with a robot. We are moving into the tourism and handmade areas of the income streams to offset this garbage. 

[Papusan]

48 minutes ago, kojack said:

Oh yes, capitalism at its finest here.  My wife's job is not safe, mine is until I am replaced with a robot. We are moving into the tourism and handmade areas of the income streams to offset this garbage. 

 

The sad truth. There is still people with money that buy the new garbage. Whatever price.  @Mr. Fox you may want an AI-infused dancing robot? Remember it has LLM onboard for consumer interaction. Only sub $6000. A steal. Or half of the prices for the brand new 96 core AMD Ryzen Threadripper HEDT processor. 

 

AI-infused robots, or, as NVIDIA's CEO says, "Physical AI," are indeed the next major advancement in the technology after generative AI. 

 

For a more personalized experience, the robot is equipped with an LLM onboard for consumer interaction, along with voice and image recognition capabilities to provide a more immersive experience. 

 

 

For Just $5,900, You Can Own a Chinese-Made Unitree R1 Humanoid Robot That Dances Like Nobody’s Watching & It’s Surprisingly Good at It

[Papusan]

 

Be careful what you write to ChatGPT, your private chats can be used as legal evidence in the event of a crime.

[kojack]

[Eban]

On 7/25/2025 at 9:05 PM, Papusan said:

 

The sad truth. There is still people with money that buy the new garbage. Whatever price.  @Mr. Fox you may want an AI-infused dancing robot? Remember it has LLM onboard for consumer interaction. Only sub $6000. A steal. Or half of the prices for the brand new 96 core AMD Ryzen Threadripper HEDT processor. 

 

AI-infused robots, or, as NVIDIA's CEO says, "Physical AI," are indeed the next major advancement in the technology after generative AI. 

 

For a more personalized experience, the robot is equipped with an LLM onboard for consumer interaction, along with voice and image recognition capabilities to provide a more immersive experience. 

 

 

For Just $5,900, You Can Own a Chinese-Made Unitree R1 Humanoid Robot That Dances Like Nobody’s Watching & It’s Surprisingly Good at It

 

 

What a dumb idea.......now if they could get it to stop moon walking and clean my house: they might get a customer...I frakkin hate house cleaning 

[Eban]

9 hours ago, Papusan said:

 

Be careful what you write to ChatGPT, your private chats can be used as legal evidence in the event of a crime.

 

A crime in which country?

I've recently been experimenting with chatgpt, but as you may or may not remember I'm in Japan....totally different rules here baby!

[Papusan]

 

On 7/29/2025 at 11:35 AM, Eban said:

 

A crime in which country?

I've recently been experimenting with chatgpt, but as you may or may not remember I'm in Japan....totally different rules here baby!

 

Rules can be changed. Depends on what stupids you get in the countries Government/national assembly. 

 

 

 

Every day and internet will be filled with more trash. This is as expected @Mr. Fox 

Fake AI images are flooding the Internet. Here's how to recognize them

Faking images, videos, and voice recordings has become much easier with the latest AI technology. But there are also new tools designed to recognize these fakes

 

 

Maybe buy AI-infused smart glasses so you can look smart and enjoy the fake images on the go? 

 

 

Mark Zuckerberg says if you aren't wearing AI on your face you'll be at a societal disadvantage

 

"I think in the future, if you don't have glasses that have AI - or some way to interact with AI - I think you're ... probably [going to] be at a pretty significant cognitive disadvantage compared to other people," said Zuckerberg

 

 

[Papusan]

 

Google AI Falsely Claims Australians Need ID To Use Internet – Viral Hallucination Exposes Dangers Of Blind Trust In AI And Ignoring The Fine Print

 

With the AI tools advancing and being more widely adopted, it is not novel for the platforms to sometimes act up or have some bugs or errors. This has been the case recently, where Google's AI Overview hallucinations have been doing the rounds for falsely claiming that Australians would soon be required to show government ID verification in order to use the internet, and the company, AU10TIX, would be handling the process. The AI answer went viral, causing panic among the community and leading to an uproar online.

 

Even McDonald's itself has announced that it will double its investment in AI.

[Papusan]

On 7/29/2025 at 1:35 AM, Papusan said:

 

Be careful what you write to ChatGPT, your private chats can be used as legal evidence in the event of a crime.

 

Hmmm. Why are users shocked @Mr. Fox? They should rather be shocked how stupid they are. Stupid is the new normal. And AI will unfortunately make you even more stupid. What a vicious circle🥴

Thousands of private ChatGPT conversations found via Google search after feature mishap

Users shocked as personal conversations were discoverable on Google

 

 

[Mr. Fox]

I know my surprised look is not on my face.

[Papusan]

16 hours ago, Mr. Fox said:

I know my surprised look is not on my face.

 

Neither me🥴

 

Chris Smith tells CBS Mornings that he would rather leave his wife than end his relationship with ChatGPT girlfriend "Sol."

 

Can ChatGPT become the perfect girlfriend?

[Papusan]

 

The AI bubble is the data center bubble: €1 trillion investment, rampant spending, low revenue, imminent economic crisis?

 

@Mr. Fox Just pray for the future. Your pension could be at risk. I have said it before... AI won't grow to heaven. If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

 

And the tentacles don't end there: insurers, especially life insurance companies, have increased their exposure to high-risk debt.

 

This is where the alarm bells start to ring. Private credit doesn't operate in a vacuum: it also needs financing, and much of it comes from traditional banks. In just ten years, the share of these loans in bank portfolios has grown from 1% to 14% . If all that money ends up in AI projects that don't meet expectations, the impact could drag down the entire financial system—at least, according to some economists who are crying foul over this AI bubble and warning of the risk of an economic crisis.

 

Demand for hardware is constantly growing, the market is out of control, and reservations are made for later generations.

 

Artificial Intelligence is attracting huge investments, much larger than we actually realize, so a question is beginning to gain traction in certain financial circles: Are they digging the same hole that led to the collapse of other major bubbles of the past? Is this AI bubble headed straight for an unprecedented economic crisis? Well, there are already warnings, and there's no shortage of data, because hardware and infrastructure are priced at gold.

[Mr. Fox]

1 hour ago, Papusan said:

 

The AI bubble is the data center bubble: €1 trillion investment, rampant spending, low revenue, imminent economic crisis?

 

@Mr. Fox Just pray for the future. Your pension could be at risk. I have said it before... AI won't grow to heaven. If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

 

And the tentacles don't end there: insurers, especially life insurance companies, have increased their exposure to high-risk debt.

 

This is where the alarm bells start to ring. Private credit doesn't operate in a vacuum: it also needs financing, and much of it comes from traditional banks. In just ten years, the share of these loans in bank portfolios has grown from 1% to 14% . If all that money ends up in AI projects that don't meet expectations, the impact could drag down the entire financial system—at least, according to some economists who are crying foul over this AI bubble and warning of the risk of an economic crisis.

 

Demand for hardware is constantly growing, the market is out of control, and reservations are made for later generations.

 

Artificial Intelligence is attracting huge investments, much larger than we actually realize, so a question is beginning to gain traction in certain financial circles: Are they digging the same hole that led to the collapse of other major bubbles of the past? Is this AI bubble headed straight for an unprecedented economic crisis? Well, there are already warnings, and there's no shortage of data, because hardware and infrastructure are priced at gold.

Investors always seem smart until reality proves them stupid. First it was the dot com frenzy, then more recently the idiot craze in real estate investing. And then the crypto-nut clown posse showed up. All ended in people that seemed smart on the surface winding up broke and looking like fools. I just hope NVIDIA is the first to go bankrupt. They deserve it most. Maybe Jensen will be in the first wave of workforce reduction. We can only hope.

 

[Papusan]

On 8/5/2025 at 4:28 AM, Mr. Fox said:

I just hope NVIDIA is the first to go bankrupt. They deserve it most.

 

Before that... Be prepered to pay more for the electricity years forwards. + the increased inflation will come on top. Huge data centers... They don't need many employees to function. Maybe a second job at MacDonald will help you all pay the increased bills. Same shityyy is happening here home. Huge data centers don't create many jobs. Yep, new data centers pop up to store cat videos. But they /DC help increase the electricity bills for everyone in the area they are pop up. Nice with more and more cat videos. I don't even own a cat.

 

Why Data Centers And AI Are To Blame For Your Electric Bill Going Up

 

Tue, Aug 05, 2025

 

As companies continue to invest heavily in AI, it has meant an increase in the number of data centers necessary to train and deploy the technology.

 

These data centers are energy-intensive facilities, which is causing the cost of electricity to go up in just about every state, according to Axios. It comes at a time when Americans’ wallets are already being stretched by the costs of daily living.

 

The U.S. Energy Information Administration shows that electricity bills this year have gone up nationwide compared to last year. Most states have seen an increase close to 10%, although those living in Maine are being hit with an eye-watering increase of roughly 36%. Only five states saw a decrease in costs, with Nevada leading the way with a decline of about 17%.

 

 Energy providers are having to rapidly invest in infrastructure such as transmission lines and other equipment, which are key parts of the grid, to be able to keep up with the demand generated by these data centers. In turn, companies pass the costs of these upgrades on to customers.

 

 

 

Scammers Use AI to Mimic TikTok Shop Sellers to Steal Cash, Distribute Malware

[Papusan]

 

ChatGPT vulnerability allows hidden prompts to steal Google Drive cloud data

A single "poisonous" document can cause massive damage.......

 

Chatbots and other AI services are increasingly making life easier for cybercriminals. A recently disclosed attack demonstrates how ChatGPT can be exploited to steal API keys and other sensitive data stored on popular cloud platforms.

[nforce4max]

This crap could drag on for decade or two before society moves on to something else and there is no tell the damage that will be inflicted till all said is done. 

[nforce4max]

On 8/5/2025 at 4:19 PM, Papusan said:

 

Before that... Be prepered to pay more for the electricity years forwards. + the increased inflation will come on top. Huge data centers... They don't need many employees to function. Maybe a second job at MacDonald will help you all pay the increased bills. Same shityyy is happening here home. Huge data centers don't create many jobs. Yep, new data centers pop up to store cat videos. But they /DC help increase the electricity bills for everyone in the area they are pop up. Nice with more and more cat videos. I don't even own a cat.

 

Why Data Centers And AI Are To Blame For Your Electric Bill Going Up

 

Tue, Aug 05, 2025

 

As companies continue to invest heavily in AI, it has meant an increase in the number of data centers necessary to train and deploy the technology.

 

These data centers are energy-intensive facilities, which is causing the cost of electricity to go up in just about every state, according to Axios. It comes at a time when Americans’ wallets are already being stretched by the costs of daily living.

 

The U.S. Energy Information Administration shows that electricity bills this year have gone up nationwide compared to last year. Most states have seen an increase close to 10%, although those living in Maine are being hit with an eye-watering increase of roughly 36%. Only five states saw a decrease in costs, with Nevada leading the way with a decline of about 17%.

 

 Energy providers are having to rapidly invest in infrastructure such as transmission lines and other equipment, which are key parts of the grid, to be able to keep up with the demand generated by these data centers. In turn, companies pass the costs of these upgrades on to customers.

 

 

 

Scammers Use AI to Mimic TikTok Shop Sellers to Steal Cash, Distribute Malware

 

One of the unwritten rules of capitalism is always pass the cost onto the poors or in other words socialize the losses. 

[Papusan]

 

Many ways to use AI bro @Mr. Fox🥴 Gigabyte says ‘pay smarter’ and promotes Z890 & i5-14600K bundle

 

 

 

LOL. The more they improve the better it will be😀

 

For my US friends. You need to learn the new name for the State you live in. What you have learned before is so damn wrong, LOL

[Mr. Fox]

51 minutes ago, Papusan said:

 

Many ways to use AI bro @Mr. Fox🥴 Gigabyte says ‘pay smarter’ and promotes Z890 & i5-14600K bundle

 

 

 

LOL. The more they improve the better it will be😀

 

For my US friends. You need to learn the new name for the State you live in. What you have learned before is so damn wrong, LOL

And those promoting AI want us to "trust the technology" LOL. So many things are wrong with that, and it all starts with those "building" AI. GIGO... garbage in, garbage out. The idiots programming AI are garbage and a waste of human DNA, so naturally anything they produce is going to be "artificial" garbage. They need to be rounded up and exterminated while there is still time. They are unworthy to receive the air they breathe.