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Newsletter: This is the Hater's Guide To The AI Bubble: genAI is nothing like Uber or Amazon Web Services, there are no profitable genAI companies, agents do not and cannot exist, there is no AI SaaS story, and everything rides - and dies - on selling GPUs. www.wheresyoured.at/the-haters-g...

wheresyoured.atThe Hater's Guide To The AI BubbleHey! Before we go any further — if you want to support my work, please sign up for the premium version of Where’s Your Ed At, it’s a $7-a-month (or $70-a-year) paid product where every week you get a ...

The AI Bubble is a rare time bomb situation where I am both horrified and greatly looking forward to when it finally blows up. It's hard to decide which one I feel more.

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Why horrified? I'm not arguing, just asking. I'm going to feel some pity towards those who heavily rely on it. Returning to full-time work is going to be jarring.

I think you’re underestimating the breadth and severity of the consequences. A lot of companies will go bankrupt and employ nobody at all. Investment savings will vanish, preventing people from retiring and leaving vacancies (or forcing the pile to un-retire and rejoin the workforce).