AI: The Biggest Corporate Grift in History 0 ▲ how to save the world 54 minutes ago · Politics · hide the broken economic system that has enabled the Epstein Class to emerge, thrive, and create such massive cruelty, suffering and lawlessness; from Barry Ferns’ video series It just didn’t make sense: Why would the tech bro oligarchy be spending trillions of dollars on AI, when there is zero business case for it ever returning any profit on that staggering investment? Why are they buying up and destroying land all over the planet and wasting a huge chunk of the world’s water and electricity to build gazillions of ‘data centres’ which will be obsolete in five years, when the Chinese have already demonstrated that you can ‘do AI’ just as effectively with a fraction the investment and waste? Why are they continuing to hype the market for AI when every competent analyst is now warning that the oligarchy’s stocks are so absurdly overvalued (and constitute as much as third of the total value of all shares, on which many people are depending, especially for their retirement income) that a… Commenting on Bubbles has been removed. Why? If you want to talk about this post, write to the author, use the comments on their blog if it has them, or reply with a "RE:" post on your own blog. Suggestions? feedback@bubbles.town