AI doubts hit tech shares
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U.S. technology shares fell on Wall Street as investors questioned the cost and financing of the artificial-intelligence boom, while rising oil prices added pressure.
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Big Tech is increasingly using risky financial methods to fuel its AI investment — on top of its already-risky circular deals.
Is the AI bubble about to pop?
And if it does, what happens next? Watch.
https://www.youtube.com/watch?v=0wxBHxpMFXA
Is the AI bubble about to pop?
And if it does, what happens next? Watch.
https://www.youtube.com/watch?v=0wxBHxpMFXA
Brace Yourself for the AI Bubble
Are we watching an AI revolution, or a slow-motion economic disaster?
www.youtube.com
October 22, 2026 at 8:00 PM
Big Tech is increasingly using risky financial methods to fuel its AI investment — on top of its already-risky circular deals.
Is the AI bubble about to pop?
And if it does, what happens next? Watch.
https://www.youtube.com/watch?v=0wxBHxpMFXA
Is the AI bubble about to pop?
And if it does, what happens next? Watch.
https://www.youtube.com/watch?v=0wxBHxpMFXA
Reposted by Greg Linden
AI firms want you to believe their fraud bot is alive so they won’t be held responsible for the fraud bot’s crimes. But there is no gray area here, they hold the on/off switches in their very human, very prosecutable hands.
Major American banks have reported unauthorized artificial intelligence bots inside consumer accounts, sources told Axios Thursday. trib.al/mmFWL8c
AI Bots Are Accessing People’s Bank Accounts Unprompted
Banks are rushing to update their terms of service and block the bots.
trib.al
October 22, 2026 at 10:58 PM
AI firms want you to believe their fraud bot is alive so they won’t be held responsible for the fraud bot’s crimes. But there is no gray area here, they hold the on/off switches in their very human, very prosecutable hands.
Would you slow down AI investment to reduce the peak in unemployment, or rely on the safety net alone? Why?
October 22, 2026 at 7:28 PM
Would you slow down AI investment to reduce the peak in unemployment, or rely on the safety net alone? Why?
Trump has already usurped the powers of Congress over spending, tariffs, and war and defied the judicial branch when it told him to stop. Yet the stock market has surged.
Is it possible that investors — especially big investors — don’t particularly like democracy?
Is it possible that investors — especially big investors — don’t particularly like democracy?
Why I Hope Robert Rubin Is Wrong
The stock market may be more efficient than Rubin thinks it is
robertreich.substack.com
October 23, 2026 at 3:01 PM
Trump has already usurped the powers of Congress over spending, tariffs, and war and defied the judicial branch when it told him to stop. Yet the stock market has surged.
Is it possible that investors — especially big investors — don’t particularly like democracy?
Is it possible that investors — especially big investors — don’t particularly like democracy?
Free access to "Artificial Intelligence and Labor Markets: Evidence from Google Trends" is available at rdcu.be/eHd8u
October 23, 2026 at 8:00 AM
Free access to "Artificial Intelligence and Labor Markets: Evidence from Google Trends" is available at rdcu.be/eHd8u
Our last line of defense against AI taking our jobs is the historical and continuing abandoning of our own worth in pursuit of external goals that ultimately make us unhappy.
October 23, 2026 at 9:15 PM
Our last line of defense against AI taking our jobs is the historical and continuing abandoning of our own worth in pursuit of external goals that ultimately make us unhappy.
The Big Tech oligarchs pushing AI want the rest of us to think we’re powerless to stop it.
They’re wrong. We have the power to rein in AI — before it’s too late.
Here’s how. https://www.youtube.com/watch?v=e_sCRveGK50
They’re wrong. We have the power to rein in AI — before it’s too late.
Here’s how. https://www.youtube.com/watch?v=e_sCRveGK50
How to Protect Humanity From AI
The Big Tech oligarchs pushing AI want the rest of us to think we’re powerless to stop it.They’re wrong. We have the pow
www.youtube.com
October 23, 2026 at 5:00 PM
The Big Tech oligarchs pushing AI want the rest of us to think we’re powerless to stop it.
They’re wrong. We have the power to rein in AI — before it’s too late.
Here’s how. https://www.youtube.com/watch?v=e_sCRveGK50
They’re wrong. We have the power to rein in AI — before it’s too late.
Here’s how. https://www.youtube.com/watch?v=e_sCRveGK50
Reposted by Nathan Richardson
Obviously there’s something going on with AI breaches in the last few days, and I can’t quite figure out how bad it is, but it is really weird that AI industry people keep saying in public “it’s us and we don’t know how to stop it.” Because that is not going to end well for them, eventually.
October 23, 2026 at 1:08 PM
Obviously there’s something going on with AI breaches in the last few days, and I can’t quite figure out how bad it is, but it is really weird that AI industry people keep saying in public “it’s us and we don’t know how to stop it.” Because that is not going to end well for them, eventually.
Reposted by Lindsay M. Tedds
One of the great injustices of our time is that non-profits & charities must succeed 100% of the time in order to get meagre crumbs from the government. No room for innovation, no room for taking risks. And yet, the tech sector is like "MAKE CARS FLY?! MAYBE?!" & get flooded with government funding.
Imagine another job where you can blow a hundred million on a failed project and still show up for work the next day like you have done great work. AI company too I guess.
October 22, 2026 at 7:22 PM
One of the great injustices of our time is that non-profits & charities must succeed 100% of the time in order to get meagre crumbs from the government. No room for innovation, no room for taking risks. And yet, the tech sector is like "MAKE CARS FLY?! MAYBE?!" & get flooded with government funding.
'Streaming owns access. The concert offers presence. Vinyl offers something to hold, collect and value. The lesson is not that technology destroys value. It is that technology moves it.'
What can the higher education sector learn from the music industry about AI?
Athina Dilmperi argues the sector may still be asking the wrong questions about AI
wonkhe.com
October 23, 2026 at 7:10 AM
'Streaming owns access. The concert offers presence. Vinyl offers something to hold, collect and value. The lesson is not that technology destroys value. It is that technology moves it.'
En Asie aussi les créanciers commencent à avoir des doutes sur les entreprises de l'IA.
asia.nikkei.com/business/tec...
asia.nikkei.com/business/tec...
Asia's AI data center boom faces 'reality check' from public markets
Setbacks in Australian and South Korean IPOs show growing investor concerns
asia.nikkei.com
October 23, 2026 at 4:52 PM
En Asie aussi les créanciers commencent à avoir des doutes sur les entreprises de l'IA.
asia.nikkei.com/business/tec...
asia.nikkei.com/business/tec...
I wonder if they'll shed a bunch of underlings before ditching any of their most insanely-hyperbolic click-bait merchants? Actually, I don't. Wonder, that is.
Full story: The Telegraph is making up to 100 job cuts as it cites an ambition to transform into a “global, AI-powered” business, almost four months after its takeover by Axel Springer pressgazette.co.uk/news/telegra...
Telegraph cuts up to 100 jobs as it targets being 'global, AI-powered' business
The Telegraph has announced up to 100 job cuts as it cites an ambition to transform into a “global, AI-powered” business.
pressgazette.co.uk
October 23, 2026 at 6:02 PM
I wonder if they'll shed a bunch of underlings before ditching any of their most insanely-hyperbolic click-bait merchants? Actually, I don't. Wonder, that is.
Reposted by Shannon Vallor
"A growing body of analysts now warns that AI data center debt increasingly resembles the subprime mortgages that triggered the 2008 financial crisis.
..
Bloomberg estimates more than $500 billion in outstanding AI data center debt, with roughly $200 billion.."
www.techradar.com/pro/subprime...
..
Bloomberg estimates more than $500 billion in outstanding AI data center debt, with roughly $200 billion.."
www.techradar.com/pro/subprime...
AI boom's hidden $500B debt look eerily similar to the 2008 mortgage crisis
Wall Street fears AI's trillion-dollar data center boom is quietly repeating the same debt mistakes that shattered markets in 2008
www.techradar.com
October 23, 2026 at 1:14 PM
"A growing body of analysts now warns that AI data center debt increasingly resembles the subprime mortgages that triggered the 2008 financial crisis.
..
Bloomberg estimates more than $500 billion in outstanding AI data center debt, with roughly $200 billion.."
www.techradar.com/pro/subprime...
..
Bloomberg estimates more than $500 billion in outstanding AI data center debt, with roughly $200 billion.."
www.techradar.com/pro/subprime...
Reposted by Diane Ravitch
The threat of rogue AI agents taking unauthorized actions within our financial institutions, utilities, health systems and more has long since stopped being a hypothetical.
If Congress doesn't swiftly act, these already significant risks will only get worse.
If Congress doesn't swiftly act, these already significant risks will only get worse.
Scoop: Unvetted AI agents are accessing U.S. bank accounts
Banks including Morgan Stanley, Bank of America, JPMorgan, Wells Fargo and others are racing to contain agent risks.
www.axios.com
October 22, 2026 at 9:43 PM
The threat of rogue AI agents taking unauthorized actions within our financial institutions, utilities, health systems and more has long since stopped being a hypothetical.
If Congress doesn't swiftly act, these already significant risks will only get worse.
If Congress doesn't swiftly act, these already significant risks will only get worse.
by Henry Jones
If this year ends with CoreWeave or
NVIDIA getting a massive bailout or
Tax free GPU-accounting for a
1000 Years...
🤬🤬🤬🤬🤬
NVIDIA getting a massive bailout or
Tax free GPU-accounting for a
1000 Years...
🤬🤬🤬🤬🤬
Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump
Datacenter and chip costs fueled sharp decrease in AI sector although non-AI stocks still had a strong showing
www.theguardian.com
October 22, 2026 at 10:50 PM
If this year ends with CoreWeave or
NVIDIA getting a massive bailout or
Tax free GPU-accounting for a
1000 Years...
🤬🤬🤬🤬🤬
NVIDIA getting a massive bailout or
Tax free GPU-accounting for a
1000 Years...
🤬🤬🤬🤬🤬
I’m not sure people realise that value is getting DESTROYED. Not just transferred to the corrupt and undeserving. Like thieves melting down jewellery. The world is haemorrhaging regulatory capacity, though hopefully with AI we can rebuild that soon, & better. The ecosystem though…and people’s lives…
Just as a private equity firm buys out a corporation and strips it for parts, a consultant class is raiding the Democratic Party and getting “generationally wealthy” along the way
New from me and @adambonica.bsky.social
newrepublic.com/article/2163...
New from me and @adambonica.bsky.social
newrepublic.com/article/2163...
How the Consulting Class Is Eating the Democratic Party
Fundraising costs gobble up most of the funds raised. Billions are spent on TV ads that have virtually no impact. Candidates may win or lose—but the consulting class always wins.
newrepublic.com
October 23, 2026 at 6:42 AM
I’m not sure people realise that value is getting DESTROYED. Not just transferred to the corrupt and undeserving. Like thieves melting down jewellery. The world is haemorrhaging regulatory capacity, though hopefully with AI we can rebuild that soon, & better. The ecosystem though…and people’s lives…
And I’d be surprised if some kind of ML didn’t help enable this. If AI/ML were only the supporting player in progress and not being sold as the future’s main character we’d have a lot more to look forward to
October 23, 2026 at 12:44 PM
And I’d be surprised if some kind of ML didn’t help enable this. If AI/ML were only the supporting player in progress and not being sold as the future’s main character we’d have a lot more to look forward to
by Charles West
"The lesson is not that technology destroys value. It is that technology moves it."
An important read.
wonkhe.com/blogs/what-c...
An important read.
wonkhe.com/blogs/what-c...
What can the higher education sector learn from the music industry about AI?
Athina Dilmperi argues the sector may still be asking the wrong questions about AI
wonkhe.com
October 23, 2026 at 9:48 AM
"The lesson is not that technology destroys value. It is that technology moves it."
An important read.
wonkhe.com/blogs/what-c...
An important read.
wonkhe.com/blogs/what-c...
C'était annoncé, en tout cas par moi, c'est en train de se produire. Non contente de nous rendre cons, de nous bouffer notre eau et nos emplois, et de consommer une fortune qui serait bien utile ailleurs, l'IA va nous plonger dans la prochaine crise économique.
www.lemonde.fr/economie/art...
www.lemonde.fr/economie/art...
Les inquiétudes sur l’intelligence artificielle font plonger Wall Street
L’annonce de Meta, le groupe de Mark Zuckerberg, qui veut lancer une nouvelle levée de capital pour financer ses immenses investissements, a nourri, jeudi, les interrogations des investisseurs sur la ...
www.lemonde.fr
October 23, 2026 at 6:44 AM
C'était annoncé, en tout cas par moi, c'est en train de se produire. Non contente de nous rendre cons, de nous bouffer notre eau et nos emplois, et de consommer une fortune qui serait bien utile ailleurs, l'IA va nous plonger dans la prochaine crise économique.
www.lemonde.fr/economie/art...
www.lemonde.fr/economie/art...
Now, none of that is surprising in itself. What I do find bewildering is going to this much trouble just to sell some crappy ceramic flowers. At some point the economics has all gone to hell if producing AI ads this long and this elaborate is actually profitable.
October 23, 2026 at 5:52 AM
Now, none of that is surprising in itself. What I do find bewildering is going to this much trouble just to sell some crappy ceramic flowers. At some point the economics has all gone to hell if producing AI ads this long and this elaborate is actually profitable.