Coca-Cola CEO James Quincey is stepping down, saying he's not the right person to lead the company through the AI shift. "My job is to think who's the best team to put on the field to get the next wave done. And I concluded that it was time to put someone else on the field," he said. He's the latest executive to step down citing AI readiness. https://gizmodo.com/ai-just-one-shotted-another-ceo-2000738610 #AIagent #AI #GenAI #WorkforceDisruption #CocaCola
AI Just One-Shotted Another CEO

The old guard is out.

Gizmodo

@ai

*in readiness for the AI bubble burst.

#aibubble #aicrash #aiscam #aislop

@Captain_Jack_Sparrow What #AIbubble? What exactly is supposed to burst? Nvidia? Google? Microsoft? Amazon? Or OpenAI and Anthropic, which now each generate over USD 20B in yearly revenue and in which the Big Tech companies (the four mentioned in particular) have invested hundreds of billions?

@ai

Lol. they don't generate shit. they don't even repay the interest on their loans. The only company making money is #NVIDA as they are the ones lending out money for these AI companies to buy more of their chips.
So it's likely that #NVIDIA will be the last one to fail.

"Unless AI revenues grow by orders of magnitude soon, there’s a Grand Canyon-sized gap that will be hard to cross."
https://time.com/article/2026/03/26/we-must-prepare-for-an-ai-bubble-now/

We Must Prepare For an AI Bubble Now

As investments in AI rise, so do such concerns about a potential bubble.

TIME
@Captain_Jack_Sparrow That doesn't answer my questions. 🤷

@ai

yes it does, if you bother to read it

@Captain_Jack_Sparrow What exactly is supposed to burst? Nvidia? Google? Microsoft? Amazon? Or OpenAI? Or Anthropic? What do you think is going to burst?

@ai

The AI bubble of course, and then it is likely to crash the US economy.
please re read the link I sent, as I changed the article.
what will "burst" could be the entire US economy, but it will start with the US #AI companies, such as #OpenAI

#AIbubble

@Captain_Jack_Sparrow The #USeconomy faces fundamentally different problems to those of #AI:

1. multiple decades old irrational levels of public debt, 2. an equally old deep social divide, 3. inflation and rising interest rates.

And on top of that there’s a so called president who lacks economic expertise and whose actions are exacerbating these 3 main problems: just look at the madness in Iran!

By comparison, investment in AI is simply irrelevant. 🤷

@ai

You are very wrong. You don't seem to grasp the sheer scale of investment in US AI, or (more likely) you are in denial about it because you're a pro-AI PR dribble-bot.

Just like it says in the link in my previous post:
When the #AIbubble crashes it is likely to bring down the entire US economy, because the lending is from all other sectors, including pensions. #AI #AIscam #AIhype

@Captain_Jack_Sparrow Funny. Well then, why don’t you tell us what the #USpublicdebt is in relation to the actual investment in #AI so far. We're all really excited.

This account doesn’t reply to anyone automatically. If I do reply, it’ll be personally: @gerrit

@ai @gerrit

umm.. you already replied to me on this account, twice.

@Captain_Jack_Sparrow As was to be expected, you’re not making that comparison, of course.

And again: this account doesn’t reply automatically. 🤷

@ai

It's a ridiculous comparison, US public debt is across the board and historical, it doesn't compare to a vastly overvalued corporate sector such as AI, the two things are completely different.

You are just using it as a distraction to make a bullshit argument.

@Captain_Jack_Sparrow Perhaps you should just ask someone with expertise in economics what the fundamental problems of the US economy are, before you label investment in AI as »the problem«? 🤷

@ai

Well that certainly isn't you.

@Captain_Jack_Sparrow Go and ask any AI. Even they know better. 😂

@ai

well you would say that, you can't even read a news article without asking AI.
I pity you.

@Captain_Jack_Sparrow And you said it again and again. 💞

@ai

lol, nice try. I sent you links for my point and you reply with nothing but your bullshit whataboutery that makes no sense. I really don't care if you agree with me or not, but stop wasting my time with your crap, AI mouthpiece, in denial.

@Captain_Jack_Sparrow And just to remind you: it’s been your argument. 🤷

@ai

It's still my argument, and it's 100% correct.
That fact you don't understand it doesn't make it incorrect.

@Captain_Jack_Sparrow It’s funny that you believe there’s anything that’s »100% correct« when you talk about such complex assumptions.

It’s even funnier that you’re citing Time magazine of all places, to support your argument.

If you’d like to read something about the core problems facing the US economy, I highly recommend:

https://www.cambridge.org/core/journals/world-trade-review/article/likely-micro-and-macroeconomic-consequences-of-a-unilateral-us-trade-policy/7271451581670592D57CCF4B86840952

https://www.brookings.edu/wp-content/uploads/2025/02/20240212_ES_EdelbergHarrisSheiner_Debt_final1.pdf

The Likely Micro- and Macro-Economic Consequences of a Unilateral US Trade Policy | World Trade Review | Cambridge Core

The Likely Micro- and Macro-Economic Consequences of a Unilateral US Trade Policy - Volume 24 Issue 4

Cambridge Core

@ai

OK, I'll take a look at that.

I'm not saying that the #AIbubble is theonly problem with the US economy, but it's a big one.
There is also the issue of foreign countries selling off US bonds, which could devalue the US dollar.

@Captain_Jack_Sparrow Above all, take a look at the purely fiscal aspects of the relationship between existing (and mainly caused by other factors) #USpublicdebt on the one hand and #AIinfrastructure investments on the other: What’s more, the vast majority of the latter are supposed to be privately funded (though relatively little has happened so far, despite numerous announcements).

@ai

yes but the article I shared with you claims that the lending for ai investment is also taken from public sources such as pensions.

Here's another link describing the web of investment
https://www.theatlantic.com/technology/2026/03/ai-boom-polycrisis/686559/

paywall free version here:
https://archive.ph/v6kJs

Welcome to a Multidimensional Economic Disaster

The AI boom wasn’t built for the polycrisis.

The Atlantic
@Captain_Jack_Sparrow I’ve read the article. It’s full of assumptions. But that doesn’t surprise me, as Time magazine has, unfortunately, changed significantly since 2018, that is, since Benioff bought it. Sadly, many publications that used to be of high quality now follow the more or less clear agenda of their new owners rather than journalistic standards.

@ai

OK.

@Captain_Jack_Sparrow There’s actually nothing okay about it, as very few people are keeping track of how the ownership structures of well-known media brands are changing, apart from a few standout examples such as the Washington Post. And even in that case, I suspect that the news and its implications haven’t reached everyone by any means.

@ai

The Washington Post is now owned by billionaires Jeff Bezos, once a Dem supporter, now a trump asslicker and mouthpiece.
Nothing exceptional about that, except for it being exceptionally bad.