If what is said in this article is true, we’re not just in a bubble; we’re in an absolutely insane one that will affect everyone when it pops
DangerousCyclone on
The AI Bubble has been so close to popping for 3 years now.
lowes18 on
Gotta love paywalling a podcast transcript with graphs attached lol.
dweeb93 on
I actually agree with Peter Thiel in that AI, like the internet will add a little bit to GDP in the long run but won’t be comparable to the industrial revolution.
hypsignathus on
I can only read half of the article. Does he acknowledge that data centers will be good for a lot more “AI” stuff than LLMs and image generation?
The applications of AI to robotics (really, anything needing a complex control system), medicine (incl. drug discovery), and whatever other fields make me decently OK with the data center construction. Of course they will be off-shored like everything eventually is, but not all, and even in that case the market will benefit.
To be clear, I think there is a bubble and it will pop and it will hurt. Potentially massively, not least because the idiot-in-chief will ensure it. But these are capital investments into *capital projects* that will have a much more general use than I think a lot of media commentary acknowledges.
I’m the first to admit that using AI to do physics for robotic control systems is still a pipe dream… but I’ve seen enough to know it’s possible. (side note, of course you wouldn’t generally use AI for something like this, but for really hard problems, like haptics for soft robotics, vision/sensing/targeting in highly cluttered environments, etc. machine learning could be a real breakthrough).
battywombat21 on
> Every financial bubble has moments where, looking back, one thinks: *How did any sentient person miss the signs?* Today’s omens abound. Thinking Machines, an AI startup helmed by former Open AI executive Mira Murati, just raised the largest seed round in history: $2 billion in funding at a $10 billion valuation. The company has not released a product and has refused to tell investors what they’re even trying to build. “It was the most absurd pitch meeting,” one investor who met with Murati [said](https://www.bloomberg.com/opinion/newsletters/2025-09-29/the-perfect-ai-startup). “She was like, ‘So we’re doing an AI company with the best AI people, but we can’t answer any questions.”
6 Comments
If what is said in this article is true, we’re not just in a bubble; we’re in an absolutely insane one that will affect everyone when it pops
The AI Bubble has been so close to popping for 3 years now.
Gotta love paywalling a podcast transcript with graphs attached lol.
I actually agree with Peter Thiel in that AI, like the internet will add a little bit to GDP in the long run but won’t be comparable to the industrial revolution.
I can only read half of the article. Does he acknowledge that data centers will be good for a lot more “AI” stuff than LLMs and image generation?
The applications of AI to robotics (really, anything needing a complex control system), medicine (incl. drug discovery), and whatever other fields make me decently OK with the data center construction. Of course they will be off-shored like everything eventually is, but not all, and even in that case the market will benefit.
To be clear, I think there is a bubble and it will pop and it will hurt. Potentially massively, not least because the idiot-in-chief will ensure it. But these are capital investments into *capital projects* that will have a much more general use than I think a lot of media commentary acknowledges.
I’m the first to admit that using AI to do physics for robotic control systems is still a pipe dream… but I’ve seen enough to know it’s possible. (side note, of course you wouldn’t generally use AI for something like this, but for really hard problems, like haptics for soft robotics, vision/sensing/targeting in highly cluttered environments, etc. machine learning could be a real breakthrough).
> Every financial bubble has moments where, looking back, one thinks: *How did any sentient person miss the signs?* Today’s omens abound. Thinking Machines, an AI startup helmed by former Open AI executive Mira Murati, just raised the largest seed round in history: $2 billion in funding at a $10 billion valuation. The company has not released a product and has refused to tell investors what they’re even trying to build. “It was the most absurd pitch meeting,” one investor who met with Murati [said](https://www.bloomberg.com/opinion/newsletters/2025-09-29/the-perfect-ai-startup). “She was like, ‘So we’re doing an AI company with the best AI people, but we can’t answer any questions.”
Jesus. Why can’t I have this much money.