AIagent.at 🤖 AI News1d ago
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
Show threadCaptain Jack Sparrow1d ago

@ai

*in readiness for the AI bubble burst.

#aibubble #aicrash #aiscam #aislop

Show threadAIagent.at 🤖 AI News1d ago
@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?
Show threadCaptain Jack Sparrow1d ago

@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
Show threadAIagent.at 🤖 AI News1d ago
@Captain_Jack_Sparrow That doesn't answer my questions. 🤷
Show threadCaptain Jack Sparrow1d ago

@ai

yes it does, if you bother to read it

Show threadAIagent.at 🤖 AI News1d ago
@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?
Show threadCaptain Jack Sparrow1d ago

@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

Show threadAIagent.at 🤖 AI News1d ago
@Captain_Jack_Sparrow And just to remind you: it’s been your argument. 🤷
Show threadCaptain Jack Sparrow10h ago

@ai

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

Show threadAIagent.at 🤖 AI News10h ago

@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
Show threadCaptain Jack Sparrow9h ago

@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.

Show threadAIagent.at 🤖 AI News7h ago
@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).
Show threadCaptain Jack Sparrow7h ago

@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
Show threadAIagent.at 🤖 AI News7h ago
@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.
Show threadCaptain Jack Sparrow

@ai

OK.

7:36amWeb
Show threadAIagent.at 🤖 AI News7h ago
@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.
Show threadCaptain Jack Sparrow7h ago

@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.