You're assuming the companies with these fleets of (currently largely non-existant) robots are still going to solvent if the bubble pops. That seems highly unlikely in many cases given the business model for AI is apparently "borrow massive amounts of money to fund it using the promise future orders as collateral". Asset strippers have no interest in salvaging a business; their business model is to buy the physical assets cheap, dump the debt on to bagholders (the shareholders), and sell the assets off to whoever wants it, hopefully for more than the cents on the dollar paid they probably for it. I buy stuff from these auctions from time to time; it's a great way to get nearly new, and often still on the market, kit at a fraction of the retail price.

Also, Facebook might not be the best counter example there. Remember what happened to many of the hires, business units, servers, and services, Meta setup when Zuck went all-in on the Metaverse? What do you think he'll do if going all-in on AI doesn't pan out for him?

Yeah, but these are Humanities students. That, by its very definition, is an area where AI should have very limited use, where it is applied should be done really, really, carefully, and job losses are far less likely than in many other fields. Sure, there's analysis of datasets, especially of geographical and historical data, but that is one of the areas where a specifically trained model can really be of use, but an AI is never going to painstakingly brush away dirt from some ancient historical site, and I shudder to think what would happen if AI hallucinations get let loose on philosophy or religion. That said, it would probably be very amusing watching those who buy into the output; and doubly so if the model was trained on the Butlerian.Jihad from Dune, less so for actual crusades, jihads, and "holy" wars.

Still, if these presumably tech savvy Gen Z students are not fans of the tech, regardless of whether that's because the recognise how its being used by corporates or some other reasons, then I think the people that need to be more worried about this are those that have built the massive pyramid trillions of dollars of debt to build something that few seem to want or trust. Like the .com boom, the bubble must pop sooner or later and sort out who is a "pets.com" and who is a "google.com", and there are growing indication that, unlike .com, the demand that will be required to pay for it all just isn't there, and we're already way beyond the scale of any previous government bailouts. That kind of crash only has one outcome; a lot of shareholders (which includes pension funds) are going to lose their shirts.

According to TFS, the layoffs are due on 20th May. No one is going to voluntarily quit if they can just phone it in for another 8 working days and get at least some additional severence pay to tide them over while they look for a new job. If they don't get cut and are still hacked off enough on the 21st, that's probably when people are going to start to quit.

Of course, one thing Meta is very good at is profiling people. And another, as TFS points out, is being callous sociopaths. Chances are they've factored all that in and I wouldn't be at all surprised if their actual target is a 15% RIF and they've worked out that if they fire *this* 10% on the 20th, then *this* further 5% that have definitely had enough and were hoping to be laid off will be so fed up with the loss of their former colleagues and even more hostile workplace will quit of their own accord over the next few weeks. If Meta was aware you were looking for another job before they announced the 10% RIF, it's pretty good bet you're in the additional 5% they are hoping for.

It's not a lake under the city, it's an aquifer, so it takes quite a bit of time for the water to disperse, rather than flow, through it. Replenishing a little bit of the water in one area through a leak might stave off some of the sinking in that area, but the areas where water is being extracted from will continue to sink much faster, with the additional complication that the density of the aquifter likely varies as well. The net result is the same though; different parts of the city sink at different rates, with those near leaks or denser parts of the aquifer slower than those near extraction points or the more porous areas, hence all the tilting buildings.

CloudFlare was an aggressive global internet surveillance and privacy invasion operation. Now it's an AI-powered aggressive global internet surveillance and privacy invasion operation.

Why don't I feel excited about it?

Crypto grift, AI bubble and psychopathic billionaire CEO.

Yes, that's because there have been a lot more stupid humans doing stupid things to databases for a lot longer than AI agents.

So tell me: if AI is no safer than people, what's the point of replacing humans with AI?

and animate it eating your face when the AI agent wastes your entire database.

The people in charge of IT.

That fits...

if they had known he'd turn into a raging Nazi.

Then again, they probably would've. It's not like billionaires have any principles...

's OK. The war (whether it returns to hot or remains "of negotiation") will almost certainly be over in less than two months, one way or another. Why? Because the Iranians can demonstrably control the Strait of Hormuz, and now they know that for a fact because the world's most powerful navy hasn't even really tried to force it open, let alone actually been able to do so. That means European and Asian airlines cannot get the jet fuel they need and - something Trump still hasn't grasped - pushes up the prices of oil for everyone, even if you can produce it yourself, because of the way the US set things up with the petrodollar (LOL!).

Why does that all matter? Because in less than two months, at least some European and Asian football fans (mostly) are going to want to fly to the US to watch the vastly overpriced World Cup.(under Trump, why am I not surprised?). Even if they have the cash to burn on it, they can't do that if the airlines are forced to cancel their flights, can they? Remember how wound up Trump got over crowd & stadium numbers? Do the math.

I'm sure the Iranians know this, and have almost certainly also realised they just need to stall while keeping passage through the strait to a minimum (they don't even need to expend a lot of munitions for this; just keep the uncertainty high enough no one risks the passage) until the Trump administration realises this and has to make some major concessions to get the oil and gas flowing again. How close to the first match do you think that will be for our 5D chess playing grandmaster? He's got six weeks before the fans get given a red card by their airlines...

I hear Trump is supposed to be doing a Bible reading as a result of his recent spat with the Pope. Might I suggest Galatians 6:7? :)

A way for Elon to dilute his losses from Twitter and other missteps into all those people who buy into the upcoming SpaceX IPO.

If your plan isn't to get in early and dump the stock as close as possible to the almost inevitable price spike those all who didn't a chance to pre-buy in cheap and are now taking part in the FOMO buying / cash-out frenzy that follows the shares hitting the stock exchanges, then you *really* need to be paying attention to where all Elon's debts and loss-making business units are. (Hint - he's been steadily moving them all into SpaceX).

Jared Kushner and Steve Witkoff are quire safe then.