this post was submitted on 16 Apr 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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[โ€“] baggachipz@sh.itjust.works 11 points 1 week ago* (last edited 1 week ago) (1 children)

The only difference then was that they would all IPO. The current bubble is consolidated to a few large companies and a lot of venture-backed bottom feeders. Other than that, yeah, just obvious insanity.

They tightened up the rules on IPOs after so many companies with no futures basically pumped and dumped their stock on the public. Now the way to dump on public bagholders is through SPAC mergers.