Jersey Mike's IPO illustrates how bad the AI hype has become

7 hours ago

Jersey Mike's mentions AI 22 times in its IPO documents, despite being a sandwich shop, not an AI company.
The company includes an AI risk warning in its investor documents, citing the use of AI technologies, but without specific details.
Jersey Mike's relies on software and data for franchise operations, but the AI warning appears as boilerplate text.
The risk of an AI disaster for a sandwich shop is compared to the low probability of a franchise being struck by lightning.

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