The doom justifies the valuation
19 hours ago
- The AI industry's apocalyptic narratives are used to justify inflated valuations based on hypothetical future value rather than current technology.
- The culture in Berkeley/SF is described as a cult of hedonists who need AI doom to justify their life choices.
- Technical advancements like GLM-5.2 are overshadowed by hyped content from companies like Anthropic, which focus on exponential AI progress.
- The author argues that the hype is designed to cause panic and sustain media cycles, not to represent real technology.
- The bubble may soon unwind, and the author calls for building a sustainable economy and holding those responsible accountable.