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AI Bubble 2027
Soundtrack: The Dillinger Escape Plan - One Of Us Is The Killer An MIT study found that 95% of organizations are getting "zero return" from generative AI, seemingly every major outlet is now writing an "are we in a bubble?" story, and now Meta has frozen AI hiring. Things are
It’s also a critical partner to OpenAI, providing compute as part of an $11.9 billion five-year-long contract, despite the fact that it's unclear if it has even come close to finishing its data center development in Denton, Texas. Generative AI is, on some level, a kind of dunce detector — its flimsy and vague use cases having enough juice to impress the clueless Business Idiots who don't really engage with the production that makes their companies money. The specious, empty hype of Large Language Models — driven by a tech and business media that has given up on trying to understand them — symbolizes a kind of magic to these empty-headed goobers, and unwinding their "AI-first" cultures will be difficult...right up until the first guy does it, at which point everybody will follow.
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