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Premium: The Silicon Valley Bubble (Part 2)

There are two stories around AI right now. One is that the future is arriving at godlike speed. The other is that a lot of this depends on accounting, incentives, and people being too emotionally invested to ask basic questions.

OpenAI financials

The pseudo-cult problem

Hype, doom, and inevitability

The infinite-growth promise

Sub-bubbles feeding each other

What actually holds up

Source:

Ed Zitron's Where's Your Ed At — Premium: The Silicon Valley Bubble (Part 2)

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The skinny

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