Oracle of Olari retweeted
can’t think of a better example of AI being mostly a solution to a problem that doesn’t exist
also it can’t help when this is your user base
Oracle of Olari retweeted
Exactly. It's why AI folk crack me up when they talk about automating Finance Depts.
Why do you think 2 people today can do the work that took 12 people to do 15 years ago, geniuses...?
Unless your CFO is an idiot, finance teams are already highly automated.
Oracle of Olari retweeted
This repellent fuck named his bank after the mountain that drives people mad with greed and attracted a dragon. Tolkien would have had an aneurysm if he saw what these freaks are like.
FT Exclusive: Palmer Luckey's bank, which aims to replace the collapsed Silicon Valley Bank as the lender of choice for early-stage technology businesses, added more than 500 customers and exceeded $3bn in deposits over the past quarter. ft.trib.al/oLCcdae
Oracle of Olari retweeted
JUST IN: Billionaire investor Ray Dalio says the AI bubble may "burst" soon.
Oracle of Olari retweeted
Why do i hate ai?
Bc for some reason you lazy fucks with no creativity, skill, or ability to create anything all of a sudden got entitled.
Oracle of Olari retweeted
Me and my friends all just realized that all the FAANG employees we know are super checked out.
In this economy, you’re either unemployed or wish you were unemployed.
Oracle of Olari retweeted
As growth in hypscaler capex declines, so does growth in revenues for Nvidia and other semiconductor suppliers. By 2027, demand growth will likely fall below what it was before the whole AI thing took off.
Oracle of Olari retweeted
Breaking: Michael Burry says the AI boom is running on one giant loop and time is running out
Here's his breakdown:
1. Burry shared a report from Wall Street lender Ares tracking $573B of AI financing from the last 12 months
2. All of it runs through just 8 companies: Meta, Oracle, Microsoft, Amazon, OpenAI, Anthropic, Broadcom and Nvidia
3. They lend to each other, guarantee each other's debt and buy from each other, so one company's loan is backed by another company's promise to keep spending
4. Every deal depends on one thing: AI spending never slowing down
5. If AI revenue disappoints for even one season, the guarantees could all get called at once, right when the companies backing them are at their weakest
6. Burry says it's the same circular financing that turned the 2000 telecom fiber boom into a bust
Burry claims the stock market in the first stage of grief and the crash is soon
Even BofA is now hedging the AI rally it wants clients to stay in.
The strategy: options that pay out if tech stocks keep rising, funded by selling crash insurance to investors fearing a drop.
The bank's bull case now comes with crash protection built in.
Oracle of Olari retweeted
Here’s why AI investors should be panicked by the Chinese open source AI models like Deep Seek.
They are rapidly taking over the AI token market in corporate America.
Without token revenues how are the US models ever going to pay back all of this debt they borrowed?
Oracle of Olari retweeted
The stock market is broken.
The S&P just hit its highest level of negative beta.
This means that as the S&P 500 goes up, the highest level of stocks ever are moving in the opposite direction.
A handful of companies are holding up the whole market by investing hundreds of billions in AI, while the rest of the market falls.
This is not a healthy market. Be careful out there...
