this post was submitted on 21 Jan 2026
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Fuck AI
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AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
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"Instead of looking for other avenues for growth, though, PwC found that executives are worried about falling behind by not leaning into AI enough."
Sunk cost fallacy at work
Oh no they are shit afraid of what happened to companies that didn't survive the shift into digital that happened around 2000s.
The truth is, many companies didn't try that transition and disappeared or went from their peak to being 2nd class. But also, lots of companies put in large amounts of money the wrong way and the same thing happened. Guess history repeats itself and every ceo is finding out they didn't get where they did because they're smarter than their peers the way they strongly believed before.
It's gambling all the way down, thinking they will be the ones that will win big and everyone else fail.