Fuck AI

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"We did it, Patrick! We made a technological breakthrough!"

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.

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Michael Burry (The Big Short) is betting against the AI Bubble (www.ctvnews.ca)

submitted 1 month ago by LoveCanada@lemmy.ca to c/fuck_ai@lemmy.world

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Burry’s fund, Scion Asset Management, disclosed on Monday that it bought puts — bets that share prices will fall — on two stars of the AI wave: Nvidia and Palantir. Scion bought roughly US$187.6 million in puts on Nvidia and $912 million in puts on Palantir, according to Securities and Exchange Commission filings.

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[–] someacnt@sh.itjust.works 1 points 4 weeks ago

Interesting, will Burry earn money? That would mean I will earn some money, as well.