Per Ed Zitron, CoreWeave may be the canary in the ai bubble coal mine.
this post was submitted on 19 Aug 2025
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Fuck AI
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Oh I highly doubt it's anywhere near over yet. This may be the first bubble to pop but the frothing frenzy is still accelerating and with all the trillion dollar tech giants still attempting to boil the oceans with the massive resources they're putting into this it's not going to collapse anytime too soon, unfortunately. It will inevitably though, small comfort though that may be. As the saying goes, the market can stay irrational longer than you can stay solvent, and the market is highly, highly irrational for AI right now.
The market for AI is not a valid product. It's the highest level we've ever gotten for snake oil. And for some reason the top businesses are all grabbing the bait, I guess for fear of being left behind if it actually becomes a real thing. Or maybe corporate America is really that stupid. I can't tell.
The profits. They know current AI is LLM but the goal is to drastically increase computing power to crunch your data against you and dynamically price your life against you. Ad revenues aren't growing anymore and they need another way to make more money off the massive piles of data they have.
So what you are saying is that the AI/DataMining bubble is all that is stopping the Advertising Bubble from popping and destroying al of Corporate USA.
Bring it on!