this post was submitted on 09 Jul 2026
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Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

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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Quite a long read, haven't gone through all of it myself but I think you guys will enjoy it.

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[–] DevDave@piefed.social 3 points 2 weeks ago

"The too big to fail" part might be claims that private equity is using "leveraged debt" to finance the data centers using the AI claims of crazy projected income.

The money they're using is your savings and checking account balances being loaned out. The banks don't give a fuck if/when this blows up as its not actually their money and their socket puppets in the government won't actually punish any of them.