Hashy Larry

Like Ashy Larry, but with an H at the front.

[Gary Marcus @GaryMarcus]

“If an AI cannot apply an abstract lesson to a new situation, it is not truly reasoning or learning”, new study with further evidence backing up what I have been saying for 25 years.

cc @dwarkesh_sp

[Gary Marcus @GaryMarcus]

This tweet from 14 hours ago is on track to get about a million views.

But here’s the thing: the conclusion is true, but the tweet itself is already outdated.

WSJ’s scoop that OpenAI is considering drastic price cuts - basically lighting money on fire to save customers – is further sign of weakness, and indicator of how much trouble OpenAI is in.

And when they go down, they will likely pull Nvidia and Oracle and Coreweave etc down with them.

Things are unraveling fast.

[Gary Marcus @GaryMarcus]

If you aren’t one of the banks running the SpaceX IPO, you’re the mark:

[Gary Marcus @GaryMarcus]

Only in an America can an industry that has collectively lost over half a trillion dollars —at a pace of roughly a million dollars a minute — ask for (and likely get) government subsidies.

[Ed Zitron @edzitron]

The managerial class is being scammed in real time by their own egos. If this was a project introduced by an employee it would’ve been killed in a month but because the executive sect has AI psychosis they’ll tolerate having no realtime spend information. Wallet inspector’d!

[Thomas Fazi @battleforeurope]

Crazy that this is getting barely any coverage. This year’s European Press Prize was just awarded to an investigative report by the Dutch newspaper De Volkskrant. It is entitled “What the Wounds Tell” and in it the journalists Maud Effting and Willem Feenstra document the cases of 114 children in Gaza under the age of 15 who were struck by a single bullet to the head or chest. Almost all of them died or were left severely disabled. They chose to document only the cases of boys and girls under the age of 15 (though often much younger: aged 3, 4 or 7) because these are children who can be immediately identified as such. “A single bullet in these parts of the body is a clear indication that these children were deliberately targeted“, the two journalists write.

This is the article: https://t.co/YkZrpqBWBQ

[Seth Harp @sethharpesq]

Make no mistake: The US government will socialize the immense costs of subprime AI. They will force us all to eat the losses, while the perpetrators of the biggest fraud in history abscond to private islands. Be ready, because a deliberate rug-pull is the plan.

[Ed Zitron @edzitron]

Ai is not too big to fail
https://t.co/5UAKYElbyu

[Gary Marcus @GaryMarcus]

All the people who hate me here are now looking for government bailouts. 🤣

Exactly like I said they would. 🤣🤣

[Hashy Larry @hennynpineapple]

The American taxpayer as exit liquidity

[Ben Horne @benjamin_horne]

> be Sam Altman
> see internally that ARR numbers are brutally contracting bc tokenmaxxing era is over + cheaper models are closing the gap on frontier models + LLMs are plateauing and becoming commodities
> see that you are trapped in hundreds of billions of dollars in commitments and circular debt, with no way out
> panic
> see socialist senior citizen Bernie on social media calling for gov to acquire 50% stake in AI companies…
> 💡realize that this is a gift from God: a golden opportunity to offload your bags onto the American taxpayer
> call up the retards at the White House
> tell them you’re willing to donate 50% of your giant AI shitco to the American people for free
> wrinkly old retards at White House and in government fall for your shtick and think you’re being altruistic and patriotic even though you’re just being a con man as usual and dumping your bags
> libertarian wannabe tech oligarchs like @DavidSacks and @pmarca bitch and moan about this under the pretense of “sOciAliSm bAd” but the *real* reason they complain is because more power for gov definitionally means less power for them (but they’re jumping way too far ahead, bc we are still nowhere near AGI)
> gov falls for scam and acquires big % stake in OpenAI
> months later it becomes clear to everyone lab revenue has stalled and AGI is nowhere in sight
> AI bubble bursts leading to massive stock market crash and recession
> you non-chalantly tell the world “it is very unfortunate that this happened” but you don’t actually gaf bc you’re still rich
> you make more vague hollow promises that AGI is still getting closer (this is bullshit and you know it) and say the important thing is that “at least we are aligned now” and “well we had to be supported by gov bc we can’t afford to lose to China” even though profitable companies like Google always had the $ to fund AI research organically without gov support
> Trump is so embarrassed he fell for your con that to save face he uses taxpayer money to pay down all the various debt commitments for you in a desperate attempt to prop up the economy and your shitco, so it doesn’t go to zero (his fam and buddies own lots of shares)
> everyone hates you but what else is new
> Just another day in Scam Altman’s America

[Ben Horne @benjamin_horne]

> be Sam Altman
> see internally that ARR numbers are brutally contracting bc tokenmaxxing era is over + cheaper models are closing the gap on frontier models + LLMs are plateauing and becoming commodities
> see that you are trapped in hundreds of billions of dollars in commitments and circular debt, with no way out
> panic
> see socialist senior citizen Bernie on social media calling for gov to acquire 50% stake in AI companies…
> 💡realize that this is a gift from God: a golden opportunity to offload your bags onto the American taxpayer
> call up the retards at the White House
> tell them you’re willing to donate 50% of your giant AI shitco to the American people for free
> wrinkly old retards at White House and in government fall for your shtick and think you’re being altruistic and patriotic even though you’re just being a con man as usual and dumping your bags
> libertarian wannabe tech oligarchs like @DavidSacks and @pmarca bitch and moan about this under the pretense of “sOciAliSm bAd” but the *real* reason they complain is because more power for gov definitionally means less power for them (but they’re jumping way too far ahead, bc we are still nowhere near AGI)
> gov falls for scam and acquires big % stake in OpenAI
> months later it becomes clear to everyone lab revenue has stalled and AGI is nowhere in sight
> AI bubble bursts leading to massive stock market crash and recession
> you non-chalantly tell the world “it is very unfortunate that this happened” but you don’t actually gaf bc you’re still rich
> you make more vague hollow promises that AGI is still getting closer (this is bullshit and you know it) and say the important thing is that “at least we are aligned now” and “well we had to be supported by gov bc we can’t afford to lose to China” even though profitable companies like Google always had the $ to fund AI research organically without gov support
> Trump is so embarrassed he fell for your con that to save face he uses taxpayer money to pay down all the various debt commitments for you in a desperate attempt to prop up the economy and your shitco, so it doesn’t go to zero (his fam and buddies own lots of shares)
> everyone hates you but what else is new
> Just another day in Scam Altman’s America

[Ed Zitron @edzitron]

this company burns tens of billions a year and this is only a dodgy way of socializing the losses. It's a sign that OpenAI knows it's cooked, unclear what the stake would be, nor whether said stake would save it when the reaper arrives

[Gary Marcus @GaryMarcus]

Absofuckinglutely called it.

Nationalized stakes are just a bailout by a different name.

Here we are seventeen months later, and the fleece the taxpayer game is on.

[Ed Zitron @edzitron]

Oh hey look it’s exactly what I said back in December 2025
https://t.co/k5qyauyLrb

[Sir Escanor (𝘏𝘰𝘱𝘪𝘶𝘮 𝘚𝘭𝘢𝘺𝘦𝘳) @EscanorReloaded]

CEOs are quietly realizing the AI replacement plan has a problem.
Two problems, actually.

One: the token costs for running AI agents are now exceeding what they were paying the employees they fired.

Two: when the tokens run out, the AI stops. Just stops. No continuity. No workaround. Just a spinning wheel where your workforce used to be.

You fired humans to save money and bought a subscription that bills you into a corner.

The employees you let go knew what to do when things broke.
The AI just invoices you for the outage.

And then there’s the permission problem nobody wants to talk about.

To do its job, the AI agent needs access. Full access. Your systems, your patents, your contracts, your future plans. Everything you spent years building, handed over to a process that has no loyalty, no discretion, and no skin in the game.

You didn’t hire a replacement.
You gave a stranger with no soul the keys to everything you own.

Enjoy.

[Jim Stewartson, Decelerationist 🇨🇦🇺🇦🇺🇸 @jimstewartson]

Psychologist Erich Fromm who defined the term malignant narcissist called people like Andreessen necrophiles—not as a sexual fetish but the obsessive desire to turn the world into a lifeless machine that’s easier for them to understand.

[Financelot @FinanceLancelot]

The 2000 dot-com bubble happened because of vendor financing.

Internet companies were flooded with so much investor money that they used it to finance their customers' purchases. As long as the lending continued, the Ponzi expanded.

The bubble popped when people realized total internet infrastructure build was 10x higher than actual demand.

This is exactly what $NVDA has done today.
SpaceX's 200,000 GPU Colossus AI datacenter was only using 11% of its capacity before the Anthropic agreement last week.

This evidence shows real, paying demand is roughly 10% of current online capacity. Exactly like 2000.

[Ed Zitron @edzitron]

One important point from this piece: Anthropic and OpenAI need to make or raise $1.25 trillion in the next four years to meet their compute obligations. It is unclear how this happens, because both lose billions of dollars with no path to profitability.
https://t.co/whWboIYdaG

[Ed Zitron @edzitron]

these guys will share literally any number other than "how much revenue we made on AI"

[Branko Marcetic @BMarchetich]

Keep hearing from people IRL and on here about how scarily good AI's gotten, and then I see study after study showing it's still largely useless garbage.