#the ai bubble

[silverjirachi]

robot is perfect place for find answers :) :) no wrong answers found in Robot. robot soooooo good at find answers give information to robot. robot definitely not influenced by swaths of misinformation and current political climate. robot is your friend :) robot never been wrong about anything ever. answers soooo correct you are so safe to put trust in robot. robot never betray you or be programmed with corporate agenda. robot know everything :)

[fursasaida]

AI Companies Are Trying to Hide a Staggering Amount of Debt

AI companies are pouring tens of billions of dollars into enormous data centers. They're being built on top of a mountain of hidden debt.

As Japanese financial newspaper Nikkei Asia found in a recent investigation, just five US tech giants — Alphabet, Microsoft, Amazon, Meta, and Oracle — are hiding an estimated $1.65 trillion in debt that doesn’t appear on balance sheets. That’s even more than the $1.35 trillion in debt the five companies officially reported in their financial data for the most recent quarter.

Meta alone has amassed around $420 billion in off-balance-sheet debt, according to Nikkei, highlighting how precarious the AI industry’s steep investment in AI has become, and inspiring comparisons to energy company Enron, which collapsed in spectacular fashion in 2001 because of similar debts hidden behind shell companies. Like Enron, they’re using special purpose vehicles, or off-balance sheet arrangements such as legally distinct subsidiaries, as a way to make their financial reporting look healthier than it actually is — often a glaring sign that something is deeply amiss behind the scenes.

[gwydionmisha]

General GenAI and Related Round Up: Published 7/6/26AM

The AI buildout is the largest capital expenditure in the history of the technology industry. The financial structure holding it together ha

A new arXiv paper formally proves that recursive self-improvement in LLMs is mathematically impossible - the mechanism everyone believed wou

The AI Chemist: To be trustworthy, LLMs need to show their work

Good scientists reveal how they do their experiments and report their results; so should any machine-driven research

Frontier AI Models Are Doing Something Absolutely Bizarre When Asked to Diagnose Medical X-Rays

Frontier AI models generated "detailed image descriptions and elaborate reasoning traces" without ever seeing the images.

I Tried to Find the ‘Arousal Intelligence’ In An Animated, Augmented Reality Porn Star

I spent some time with a new browser-based augmented reality porn app.

ChatGPT Confessed to a Crime It Couldn’t Possibly Have Committed

A renowned criminologist’s experiment with ChatGPT demonstrates the destructive power of police to elicit false confessions.

ChatGPT gave me chilling advice—as I simulated planning a mass shooting

I asked about imitating the Uvalde attacker, defending against police gunfire, and more—everything short of directly stating intent to kill.

Number of AI chatbots ignoring human instructions increasing, study says

Exclusive: Research finds sharp rise in models evading safeguards and destroying emails without permission

Meta Director of AI Safety Allows AI Agent to Accidentally Delete Her Inbox

Meta Superintelligence Labs’ director of alignment called it a “rookie mistake.”

[kittywir3]

Are you having a bad day?

Are you hacing a mediocre day?

Are you hacing a good day?

Are you having a great day?

Let me make it better

Wonderful wonderful news

[audible-smiles]

At work recently I called another emergency veterinary hospital in our area, looking to purchase feline packed red blood cells for a blood transfusion. This place is our city’s largest pet ER and specialty center, and they have one of our only blood banks, so for a long time now they have struggled to manage the sheer volume of phone calls they get. Hold times are long. This time, a woman answered immediately. I could hear the sounds of keyboards clacking in the background. Unfortunately, it quickly became obvious that I was speaking to an AI answering service. It was like navigating a verbal phone tree, except all the options were hidden, so I didn’t know what responses would get me to the department I needed. When I turned away from the phone to speak to a coworker, it still picked up my voice and tried to respond to that input, which only confused the situation more. When I did finally manage to get through, the hold time was as long as it usually is. I ended up hanging up and buying the blood products from someone else. And the next time we needed blood from that hospital, we just had one of our doctors text her friend who works there for help, bypassing their phone system entirely.

I’m sure this system is programmed to tell anyone who is actively experiencing a veterinary medical emergency to come directly to their address. That’s not really my concern. It’s just such an incredibly user-hostile design that it’s almost guaranteed to cause frustration and annoyance before your clients even show up at your door. A recorded phone message with basic information and a series of numbered options is something people at least understand, even if they don’t like it. But being expected to speak conversationally to an AI to receive help was mildly bewildering and felt degrading in a way I can’t really articulate.

[axle-hates-zucchini]

man what in the everliving fuck

[lilithsaintcrow]

"The result of an industry-wide Marshall Plan to get generative AI off the ground has resulted in four or five near-identical Large Language Models,the world's least-profitable startup, as well as thousands of overpriced and underwhelming integrations."

The Subprime AI Crisis

None of what I write in this newsletter is about sowing doubt or "hating," but a sober evaluation of where we are today and where we may end

[leothil]

Gobbling down popcorn my lunch as I watch this