Post

I don't believe the "AI Bubble" has to do with technology; my fear is the stock market, especially with OpenAI and Anthropic expected to go public shortly. With those 2 plus SpaceX leading the way with new public offerings, a wave of downturns could trigger catastrophic issues.

David Schargel

@schargel.com

Yesterday's news of SpaceX falling 7.5% in after-hours trading after reporting a 92% jump in revenue is backward (down 49% from its high). I hope the shit doesn't hit the fan tomorrow when some 912 million shares held by employees and others become eligible for sale.

5/8/26, 8:07 pm0 reposts0 likes

David Schargel

@schargel.com

5 Aug

OpenAI and Anthropic are likely to suffer the same fate, and THAT might just be the initial burst of the "AI Bubble".