About once a month, I receive an epic-long treatise from a talented and intelligent chap by the name of Ed Zitron who has been focusing his attention lately on the utter unchecked lunacy of the AI industry. He shared a graphic in last night’s missive (which will take me a good two hours to read completely) that pretty much captures the fact that the entire global economy and equity markets are largely dependent on a handful of companies handing around the same giant wad of cash.
This thing simply can’t crash fast enough.
