*The Hater's Guide To The AI Bubble* Edward Zitron Jul 21, 2025 55 min read Good journalism is making sure that history is actively captured and appropriately described and assessed, and it's accurate to describe things as they currently are as alarming. And I am /alarmed./ Alarm is not a state of weakness, or belligerence, or myopia. My concern does not dull my vision, even though it's convenient to frame it as somehow alarmist, like I have some hidden agenda or bias toward doom. I profoundly dislike the financial waste, the environmental destruction, and, fundamentally, I dislike the attempt to gaslight people into swearing fealty to a sickly and frail psuedo-industry where everybody but NVIDIA and consultancies lose money. I also dislike the fact that I, and others like me, are held to a remarkably different standard to those who paint themselves as "optimists," which typically means "people that agree with what the market wishes were true." Critics are continually badgered, prodded, poked, mocked, and jeered at for not automatically aligning with the idea that generative AI will be this massive industry, constantly having to prove themselves, as if somehow there's something malevolent or craven about criticism, that critics "do this for clicks" or "to be a contrarian." I don't do anything for clicks. I don't have any stocks or short positions. My agenda is simple: I like writing, it comes to me naturally, I have a podcast, and it is, on some level, my job to try and understand what the tech industry is doing on a day-to-day basis. It is easy to try and dismiss what I say as going against the grain because "AI is big," but I've been railing against bullshit bubbles since 2021 — the_anti-remote work push_ <https://www.wheresyoured.at/the-upcoming-remote-work-company/> (_and the people behind it_ <https://www.wheresyoured.at/the-big-media-anti-remote-op-ed-complex/>),_the Clubhouse and audio social networks bubble_ <https://www.wheresyoured.at/clubhouse-is-the-big-stinker-that/>,_the NFT bubble_ <https://www.wheresyoured.at/the-nihilism-and-exploitation-of/>,_the made-up quiet quitting panic_ <https://www.wheresyoured.at/quiet-quitting-and-the-death-of-office/>, and I even, though not as clearly as I wished,_called that something was up with FTX several months before it imploded_ <https://www.wheresyoured.at/sam-bankrun-fraud/>. This isn't "contrarianism." It's the kind of skepticism of power and capital that's necessary to meet these moments, and if it's necessary to dismiss my work because it makes you feel icky inside, get a therapist or see a priest. Nevertheless, I am /alarmed/, and while I have said some of these things separately, based on recent developments, I think it's necessary to say why. In short, I believe the AI bubble is deeply unstable, built on vibes and blind faith, and when I say "the AI bubble," I mean the entirety of the AI trade. And it's alarmingly simple, too. [...] continua qui: https://www.wheresyoured.at/the-haters-gui/