this post was submitted on 02 Apr 2026
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Fuck AI
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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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Well, those companies are pushing AI and vibe coding so hard it's actually stupid. CEOs are on this bandwagon that AI is going to replace 80% of their labor costs.
It ain't gonna happen. And trying it that way is to going to do a lot of damage, both to people and the companies.
It's a lot like the dotcom bubble, not perfectly, but close enough that we should've learned more from it. There's a lot of absolutely dumb shit going around, but eventually some of it is going to stick. I expect the stuff that sticks won't be from people humping the hype train.
This is way way worse than the dotcom bubble. The dotcom bubble didn't burn a fraction of the cash this shit has. And of course it's all debt, so we all know what happens when that happens.
I've been debated all week instructing my advisors to go to cash on my investment accounts. I think it's a little early for that, but the closer and closer we get to that September October period, the more and more I'm going to consider it. I'm naturally a skeptic, and by habit I see catastrophy everywhere, but I think this one might actually be the big one. Maneuvering out of these bad ones takes a lot of government synchronicity, and well, that worries me the most here.
Well, the other danger is hyperinflation, in which case having cash under your mattress is pretty terrible. I went with a Euro index fund.