#AI companies "are incinerating money faster than practically any other human endeavor in history, with precious little to show for it"

@pluralistic
#corydoctorow #aibubble
https://doctorow.medium.com/https-pluralistic-net-2025-09-27-econopocalypse-subprime-intelligence-e9a06136d109

The real (economic) AI apocalypse is nigh

Sweating (the assets) to the oldies.

Medium

AI companies aren’t burning money. They’re feeding it to a large language furnace trained on vibes and VC pitch decks. 🔥🤖

ROI: 3 demos that can almost spell, 1 ethics whitepaper ghostwritten by a chatbot, and 900k LinkedIn thought leaders. #AIbubble #burnrate