Per Ed Zitron, CoreWeave may be the canary in the ai bubble coal mine.
this post was submitted on 19 Aug 2025
179 points (97.9% liked)
Fuck AI
4039 readers
969 users here now
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Also, gotta start to tighten the belt in Q3 so the Q4 numbers can look good for the shareholders
Oh, actually yeah. Markets rarely even respond to consumer seasonal spending these days anyways until it's beyond a problem. But that usual pullback is probably entirely based on that holiday bump looking better after and the spending loss on marketing looking bad right before.
I wonder if the history of recessions kicking off then in Sept is the predictions in sales being lower and people realizing they won't get their good looking Q4.
They freak out pull their money and basically a bank run of our wealthiest.