Well why not, loads of companies are pretending to use AI when all they are doing is coding a repeatable question to pretend they are AI driven- I like that Indian operation with hundreds of staff pretending more than the half assed companies chewing up investment from the undereducated
Adam_Axiom on
– An audience at a top AI conference in San Francisco was asked what startup they would short.
– Perplexity, an AI search browser trying to take on Google, landed at the top of the list.
– There was little disagreement at the conference that we are in an AI bubble.
– Saved you a click.
blitzkriegstorm on
The wording „AI conference“ made me think of AAAI, NeurIPS or something in that vein – maybe it’s my background speaking, but it feels to me like there really should be greater distinction when referring to the AI conferences for the CS people and the business people.
Intir on
Perplexity’s plan really “perplexes” me. They launch a browser only to be outshone by ChatGPT Atlas in a couple of weeks. They have hardly any general public reach, but they do have the “AI Google” monikor and I believe that is all there is to their frankly inflated valuation.
207Menace on
Considering the USA is about to cause a full scale global depression, short all of them.
· The Fed is ending Quantitative Tightening (QT).
· The U.S. dollar (USD) has dropped 8%.
· There has been a 4% increase in U.S. dollar printing (money supply).
· The U.S. national debt has crossed $38 trillion.
· The U.S. debt-to-GDP ratio is at 119.4%.
· The U.S. Debt-to-Income (DTI) ratio is high.
· Inflation is up 3%.
· Credit card debt is at a record high.
· Medical debt has been reinstated on credit reports.
· 40 million Americans are at risk of losing SNAP (food stamp) benefits.
· There are 500,000 more sellers than home buyers.
· Housing affordability is 25% higher (worse) than in 2007.
· Home prices have posted the weakest gain in 2 years.
· There are significant WARN layoff notices.
· There are substantial job losses due to AI integration.
· Major layoff announcements from companies like Amazon (14,000), UPS (48,000), Paramount (2,000), and GM (1,700+) in late October 2025.
· Various countries have stopped shipping to the USA.
· The U.S. has implemented new tariffs.
· There has been a reversal of the de minimis exemption.
· Global dedollarization efforts are underway.
· The top 10 AI stocks make up ~41% of the S&P 500 (a sign of a potential bubble).
67% of Americans surveyed live paycheck to paycheck
• Freight volumes are down 17%
• The hindenburg omen just went off.
• Fed Reserve just pumped $29.4 Billion into the U.S banking system
• Us bank reserves are at a low of 2.8 trillion
• Zombie Companies (businesses unable to cover their debt payments) just jumped to the highest level in almost 4 years
• BusinessOffice CMBS delinquencies hit an all time high
• The top 10% of Americans are now responsible for 50% of consumer spending.
• US Factory production shrank for the 8th month
• Secured Overnight Financing Rate for Banks plunged to its level in more than 2 years
Equity risk premium is now negative
9 Kommentare
Well why not, loads of companies are pretending to use AI when all they are doing is coding a repeatable question to pretend they are AI driven- I like that Indian operation with hundreds of staff pretending more than the half assed companies chewing up investment from the undereducated
– An audience at a top AI conference in San Francisco was asked what startup they would short.
– Perplexity, an AI search browser trying to take on Google, landed at the top of the list.
– There was little disagreement at the conference that we are in an AI bubble.
– Saved you a click.
The wording „AI conference“ made me think of AAAI, NeurIPS or something in that vein – maybe it’s my background speaking, but it feels to me like there really should be greater distinction when referring to the AI conferences for the CS people and the business people.
Perplexity’s plan really “perplexes” me. They launch a browser only to be outshone by ChatGPT Atlas in a couple of weeks. They have hardly any general public reach, but they do have the “AI Google” monikor and I believe that is all there is to their frankly inflated valuation.
Considering the USA is about to cause a full scale global depression, short all of them.
· The Fed is ending Quantitative Tightening (QT).
· The U.S. dollar (USD) has dropped 8%.
· There has been a 4% increase in U.S. dollar printing (money supply).
· The U.S. national debt has crossed $38 trillion.
· The U.S. debt-to-GDP ratio is at 119.4%.
· The U.S. Debt-to-Income (DTI) ratio is high.
· Inflation is up 3%.
· Credit card debt is at a record high.
· Medical debt has been reinstated on credit reports.
· 40 million Americans are at risk of losing SNAP (food stamp) benefits.
· There are 500,000 more sellers than home buyers.
· Housing affordability is 25% higher (worse) than in 2007.
· Home prices have posted the weakest gain in 2 years.
· There are significant WARN layoff notices.
· There are substantial job losses due to AI integration.
· Major layoff announcements from companies like Amazon (14,000), UPS (48,000), Paramount (2,000), and GM (1,700+) in late October 2025.
· Various countries have stopped shipping to the USA.
· The U.S. has implemented new tariffs.
· There has been a reversal of the de minimis exemption.
· Global dedollarization efforts are underway.
· The top 10 AI stocks make up ~41% of the S&P 500 (a sign of a potential bubble).
67% of Americans surveyed live paycheck to paycheck
• Freight volumes are down 17%
• The hindenburg omen just went off.
• Fed Reserve just pumped $29.4 Billion into the U.S banking system
• Us bank reserves are at a low of 2.8 trillion
• Zombie Companies (businesses unable to cover their debt payments) just jumped to the highest level in almost 4 years
• BusinessOffice CMBS delinquencies hit an all time high
• The top 10% of Americans are now responsible for 50% of consumer spending.
• US Factory production shrank for the 8th month
• Secured Overnight Financing Rate for Banks plunged to its level in more than 2 years
Equity risk premium is now negative
Relevant (and long) [analysis](https://x.com/aakashg0/status/1989902175796088979?s=61&t=NpVzaND-BzpUjoa7LDJIAg)
The one that’s the most leveraged…
All of them
„an AI search browser trying to take on Google“ XD