buc.ci is a Fediverse instance that uses the ActivityPub protocol. In other words, users at this host can communicate with people that use software like Mastodon, Pleroma, Friendica, etc. all around the world.
This server runs the snac software and there is no automatic sign-up process.
Local Councils are building huge ai #datacentres in the UK, right next to #cleanairzones where you get penalised for driving to work.
those #datacentres will use tonnes of fresh water and emit vast amounts of co2
..but dont forget to insulate your walls or you'll get fined..
RE: https://hachyderm.io/@molly0xfff/116954604867619055
"The Singularity is near!" /s
AodeRelay boostedalcoholic trying to get sober after a relapse tells Google's "Health Coach" about it.
it tells them to drink every hour and messages them to make sure they're drinking as soon as they wake up.
typical words of a conman..
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
“Those who refuse to evolve are closing down their world. Those who condemn AI are themselves spitting upward,” Son added.
https://fortune.com/2026/07/14/softbank-ceo-5-trillion-ai-demand-critics-bubble/
Spoiler: Anthropic.
The Register: AI startup that’s never turned a profit say's it'll totally be around in 2047 to close its $19B lease https://www.theregister.com/ai-and-ml/2026/07/07/ai-startup-thats-never-turned-a-profit-says-itll-totally-be-around-in-2047-to-close-its-19b-lease/5267385 @theregister #Anthropic
Speaking of, there's a new Treasury report.
NY Post: Treasury Report: Your 401(k) could be at risk if the AI bubble bursts https://nypost.com/2026/07/07/business/your-401k-could-be-at-risk-if-the-ai-bubble-bursts-treasury-report/ #AIbubble
The announcement by Meta that they'll start selling AI compute potentially broke one of the pet narratives of the AI bubble: compute is so scarce that we need to spend all the money to build more. That story is the justification for crypto-turned-AI companies with poor fundamentals like CoreWeave to continue existing.
Nothing about stock or commodities prices makes any sense anymore so maybe tomorrow their stock will be up 2x.
Okay, I know how we can avoid the bursting #AIBubble. I offer you "G0rb's Token-Exchange":
1. AI-Companies want to pay there workers with tokens. To accept AI-Tokens as an currency there needs to be an exchange.
2. We can use utilize Blockchain and combine it with AI-Tokens. #AICrypto
3. To help Companies controlling their Budget we could offer Options on Tokens. This also allows us Day trading and offers Hedge Fonds new opportunities for Bubble Growth.
One thing I find weird is that the Claude logo kinda looks like a coloured balloon suddenly popping.
Did Musk ruin the market for the other scammers?
Time will tell!
#ElonMusk #StockMarket #AIBubble #NVIDIA #SpaceX
https://futurism.com/space/tech-stocks-collapsing-spacex
So people gave Elon $75 billion for his money burning business.
(Specifically the xAI part)
Given the other AI businesses are trying to go public soon, this will be the beginning of the messy bubble-popping.
I expect a period of chaos, then we'll see who gets left holding the bag.
(it's probably gonna be your pension/superannuation fund)
Now I'm just a humble human being, but if I was running a department and they blew through their yearly budget by April, and it came as a total surprise to them...why would I still be in my job?
#AI #GenAI #LLMs #Technology #TechBros #AIHustle #AIBubble #Tokenmaxxing
AI can have our piss, nothing more.
#ButlerianJihad #AI #AIBubble #TechBros #Technology #Environment #UN
RE: https://mastodon.social/@amalia22/116698249960857463
Hustle Alert
"Our wonderful and terrible new product that works so well it could take over the planet like in those movies, (please buy our stock)"
#AI #AIHustle #Anthropic #IPO #AIBubble #TechBros #Technology #LLMs #GenAI
"DeepGreen Western Passage SPV LLC" sounds like some kind of shell company created by one of the bigger players.
Suellen Hendrix, an Eastport resident, told councilors she believes “billionaire investors” have little interest in the city’s welfare, calling underwater data centers an “understudied industry” and urging the City Council to enact a moratorium.Right on.“This man (Wolfson) is a one‑percenter,” Hendrix said. “He doesn’t care about us. There’s a reason he isn’t building it in Cape Cod, where he lives, and he’s choosing Eastport.”
From Eastport residents push City Council to oppose DeepGreen’s underwater AI data center, https://themainemonitor.org/residents-push-eastport-oppose-data-center/
#AI #GenAI #GenerativeAI #DataCenters #DataCenterBuildout #AIBubble #NoAI #maine
This we know: machine learning is not intelligence, and so the LLM chat services are not artificial intelligence. Those are just autocomplete. #AI is a misnomer.
But the other day, a trade organisation for translators published a document referring to machine #translation as "AI". That's really another step in the wrong direction for what those two letters should be applied to. Nobody thinks translating a sentence automatically is a sign of artificial intelligence.
Whatever #intelligence is, no scientist or scholar has ever suggested that it's when you look at enormous amounts of text and use it to calculate what the next word should be.
The #Fediverse population skews old - I think the median age is in the mid-40s.
So how can we, as older people who have presumably seen some shit, support younger people who are anxious about their personal future and the future of the world at large for entirely understandable reasons?
I mean, I definitely hit some rather low points in my life. But I now have a stable career, gotten out a debt hole, and even own an apartment where I have only 10 years left to pay off the mortgage.
In contrast, young people who need to enter the workforce to pay their bills are constantly told that AI will make their beginners' skills worthless, and there is a high chance that we will soon enter a new Great Depression once the #AIBubble bursts.
Oh, and fascists are taking over more and more countries while the global environment is collapsing more and more.
In other words, young people need all the help they can get. So how can we support them?
The #StateOfAI2026 results reveal that 70 % of participants agree or strongly agree that we're in the midst of an #AIBubble
https://2026.stateofai.dev/en-US#:~:text=We're%20currently%20in%20an%20%E2%80%9CAI%20bubble%E2%80%9D
#amCoding #amProgramming #StateOfAI #AI #artificialIntelligence #noAI #AIHype #softwareEngineering #softwareDevelopment #StateOfWebDev
"The entire AI industry relies upon two companies that expect to burn at least $1 trillion in the next four years, with Anthropic, the supposed “compute-conscious” AI company, committing to at least $330 billion in spend in the next few years.
Where does that money come from, exactly? Because neither of these companies have anything approaching a path to profitability.
Based on a deep analysis of every publicly-available source on AI compute, I can find only two significant — over $100 million a year — purchasers of AI compute outside of Anthropic, OpenAI, Meta, or associated parties like NVIDIA, Microsoft, Google and Amazon. Those two are Poolside, which reportedly spends $400 million a year, an untenable position as it only raised $500 million in total funding before its $2 billion in funding collapsed earlier this year, and Perplexity, which appears to spend some amount of money with CoreWeave and Microsoft Azure. Both run at a massive loss.
Nowhere is this lack of true demand more obvious than in the neoclouds, which only seem capable of signing big deals with Anthropic, OpenAI, Microsoft (for OpenAI), and Google (for OpenAI). Oh, and Meta, who is doing this because the existence of ChatGPT gave Mark Zuckerberg such profound AI psychosis that he’s made Meta build him a CEO chatbot to talk to and burned over $150 billion.
The AI industry is a brittle, circular economy, one only made possible by a lack of financial regulation and a tech industry that’s run out of ideas. Without hyperscalers propping up OpenAI and Anthropic, there would be no reason to buy so many GPUs or build so many data centers, and neoclouds would have no reason to exist.
This is a giant con, a giant illusion, and a giant mistake."
https://www.wheresyoured.at/premium-ais-circular-psychosis/
#AI #GenerativeAI #DataCenters #OpenAI #Anthropic #xAI #Musk #AIBubble
One speaks of "exposure" to a concerning risk, not to a bonanza of wealth creation. Some of the quotes in this article seem to be cherrypicked to minimize alarm, which I disagree with: there is cause for alarm. Looking between the lines (e.g. use of words like "exposure" and "choking"), one sees a dismal picture emerge.
Banks seek to offload risk to avoid ‘choking’ on data centre debt
Global lenders explore private deals and risk transfers to cut exposure to AI boomFrom https://www.ft.com/content/08aba5e4-5834-4e79-a48d-989a2c5bad0f (paywalled)
#AI #GenAI #GenerativeAI #AgenticAI #LLMs #Claude #ChatGPT #Gemini #NoAI #AIBubble #AIHype
@Zitron via Bsky:
"Today's free newsletter is about four signs that the AI bubble is bursting: Anthropic's services and economics are decaying, AI demand is inflated, more than 50% of data centers under construction are for two companies, and NVIDIA is warehousing $150bn+ of GPUs."
"Four Horsemen of the AIpocalypse"
Where's Your Ed At newsletter
4/21/2026
https://www.wheresyoured.at/four-horsemen-of-the-aipocalypse/
#AI #AIhype #AIbubble #EdZitron #WheresYourEdAt #technofascism #technoligarchy
"First, you can’t (or at least shouldn’t) use this technology for mission-critical work; only for low stakes tasks, or questions to which a clever (and significantly more energy efficient) human can recognize a wrong answer.
Second, that the idea that scaling will make for better models is nonsense: no amount of compute chucked at an LLM will make it a less-hallucinogenic product. Creating AI that rewires itself and creates new information the same way humans do and avoids the kinds of catastrophic errors we see at the moment needs a full fresh start (something Marecki and many others are already working on).
And third, that the massive spending by the hyperscalers (much of it via debt) on giant data centers might be one of the the greatest misallocations of capital of all time. It just isn’t required. That’s particularly the case given there are already free LLM models you can download to a laptop (no data center needed, and better still, your privacy guaranteed) that do what the very large models do. If the paid-for versions have already hit their ceiling and just aren’t going to get any better (it looks like they aren’t), why pay for them? Quite."
There are so, so many reasons why we cannot trust the #LLM hype. And a major one is that tech companies spend billions into keeping the hype going. If their products were really that great, then they wouldn't _need_ tho spend that much money on hyping their products.
I mean, consider battery systems, which are clearly more important to the world economy and human civilization as a whole. When was the last time you have seen an ad for _them"?
#AIBubble
https://slate.com/business/2026/04/openai-podcast-sam-altman-tbpn.html
It's artificial but it's not intelligence. Let's call it machine learning.
Analytical machine learning is an excellent technology for identifying patterns in data.
Generative machine learning is a Venture Capital-fuelled dumpster fire that will crash as soon as people have to pay the actual non-subsidised price for it.
We legitimise the existence of carcinogenic cigarettes
We legitimise the existence of militaries
We legitimise the existence of usurious "banking" system that literally destroys lives
We legitimise the existence of industry that destroys earth life support systems
We legitimise the existence of an economic system based in exploitation of the workers
I could go on forever...
The alternative to prohibition is regulation.
And if for some freaky reason, #Ai dissapears, the only people who will have access to Ai will be billionaires and thats not the future you think you want.
The #AiBubble, if it happens will just mean consolidation of the industry into fewer hands.
Unlike most of the Luddites who are just going through their first #AiAnxiety, I've had 35 years to think about AI and humanity, #RegulateAi is the only rational way to mitigate the #Airisks
That's not just my opinion, it's what the international peak science and political class thinks (Bletchely and Seoul agreements)
#US #economy #stocks #CasinoCapitalism #AIBubble #AI #GenAI #GenerativeAI #ChatGPT #GPT #Microsoft
From https://www.cnbc.com/2026/02/06/google-microsoft-pay-creators-500000-and-more-to-promote-ai.html
Echoes of Matt Damon shilling crypto.
If the organic demand for AI were as high as we've been led to believe, what's with the big paychecks to shill it?
From https://www.reuters.com/business/alphabet-sells-bonds-worth-20-billion-fund-ai-spending-2026-02-10/
Yeahhhhhh OK.
https://www.brandeis.edu/online/academics/microcredentials/index.html
Note the two "credentials" are AI for STEM and prompt engineering.
Nobody has any business calling these things "credentials", or suggesting they are credentials by naming them "microcredentials". You can't go to your boss waving your prompt engineering microcredential and get a raise, or even a microraise for that matter. You can't access more competitive jobs after obtaining one of these microcredentials.
If they were serious about credentialing people, these would definitely not be the first two made available. They couldn't be more transparently venal. This isn't about credentialing, it's an attempt to profit from the AI bubble.
#AI #GenAI #GenerativeAI #AIBubble #HigherEd #academia #USUniversities #brandeis #BrandeisUniversity #microcredentials
Silicon Valley and Wall Street are in sync: conjuring up sketchy credit deals that are pointing us toward another financial crash....
“We have sealed the deal on another financial crisis—the question is size,” said one former congressional staffer.#AI #GenAI #GenerativeAI #AIBubble #grift #CasinoEconomy #FinancialCrash #GreatRecession
Let’s start with some very recent history. CoreWeave is a data center company that pivoted in 2022 from crypto. (In 2021, CoreWeave made its money by… mining Ethereum.) Essentially, CoreWeave is a landlord for compute: companies pay for the use of its server racks for AI projects....
CoreWeave chief executive officer Michael Intrator, a former hedge fund manager,...
“They have to continue to borrow to pay interest on the last loan.”So,
Yeah. Looks like crypto, and crypto's Ponzi scheme way of thinking, has slimed its way into the "real" economy after all.
Oh and welcome back, global financial crash. We missed you. And eyyy, how you doing Enron long time no see:
CoreWeave isn’t alone in its complex finances. Meta took on debt, using a SPV, for its own data centers. Unlike CoreWeave’s SPVs, the Meta SPV stays off its balance sheet. Elon Musk’s xAI is reportedly pursuing its own SPV deal."Complex finances" are what companies engage in when there isn't any there there (SPVs were Enron's "financial innovation" too).
Peter Thiel pulling his investments out of NVIDIA makes far more sense after reading this. Looks wobbly.
It is perhaps time to discuss the enormous stock sales from CoreWeave’s management team. Before the company even went public, its founders sold almost half a billion dollars in shares. Then, insiders sold over $1 billion more immediately after the IPO lockup ended....
“It’s noteworthy that people who have a good view on that business are cashing out,” says Leevi Saari, a fellow at the AI Now Institute.and of course
It makes a certain kind of cynical sense to view CoreWeave itself as, effectively, a special purpose vehicle for Nvidia.#AI #GenAI #GenerativeAI #AIBubble #CoreWeave #CoreScientific #Microsoft #NVIDIA #crypto #grift #CasinoEconomy