Any excuse to post this video

The dirty little secret of the generative AI bubble is that no one has come up with a business model that justifies a fraction of a fraction of the money that's gone into it. At least not one that depends on the systems real rather than imagined functionality. 

I feel like I'm living in an alternate reality! These assholes aren't building anything! Sam Altman handed Jony Ive $6.5bn in stock to buy a company that hasn't built anything. Why can't OpenAI afford to buy them in cash? How much cash does OpenAI have exactly?

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— Ed Zitron (@edzitron.com) May 21, 2025 at 8:29 PM

People riding this bubble have an incentive to talk up AI-based humanoid robots and over-priced Ive designed personal devices because they create the impression of limitless new markets ("a trillion in value") while distracting from the truly ugly numbers.

how can any investor possibly buy this shit

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— Enjoyer of Hats (@themikeheld.bsky.social) May 21, 2025 at 8:39 PM