Christopher Mims

OpenAI's Chief Revenue Officer bolted from the company after just 4 months, and "likely walked away from a large pay package by leaving OpenAI after less than one year." Along with departures of other executives, it's a "huge red flag" for OpenAI's upcoming IPO. www.cnbc.com/2…

OpenAI talent exodus raises 'huge red flag' ahead of IPO cnbc.com

“The largest IPO of all time also means we will possibly see the biggest flop of all time. If SpaceX fails, the people who get hit are not the wised-up early investors but basically a bunch of normal people, the ones who can least afford it.” — @lopatto.bsky.social www.theverg…

The SpaceX IPO is great for Elon Musk and terrible for you theverge.com

I used to think ”spending on AI infrastructure could be the fuse that ignites the bomb that is the massive global debt bubble“ was paranoid fantasy, on the grounds that Big Tech was paying for it all out of cash on hand, but no, pretty clear that’s where we are www.nytimes.com…

nytimes.com

HUGE news from China last night, and I have a comprehensive analysis of its implications for the AI bubble this morning. Xi Jinping has more or less declared war on OpenAI and Anthropic and any U.S. tech firm that insists on closed, proprietary AI models. 🎁🔗: www.wsj.com/tech/…

wsj.com

CEOs are backpedalling en masse on claims that AI will take jobs; one survey suggests adoption correlates with more hiring. “They may have realized it was simply bad business to say that your great new product will destroy the economy.” www.wsj.com/tech/ai/ai-w...

wsj.com

Axios is reporting that a company 'accidentally' spent $500 million in one month on AI after failing to establish usage limits for its employees. www.axios.com/2026/05/28/a...

axios.com

I've seen some folks try to frame OpenAI's unreleased model hacking a company that tests its abilities as a cynical marketing ploy but reporting says that absolutely was not the case: This was a real-deal escape of an AI agent that could have done vastly more damage. www.wsj.c…

wsj.com

the following are all probably true and not in the least contradictory: 1. There's a huge bubble in AI investment, the crash is going to be bad 2. A majority of the tasks we've been promised AI will "take over," it will not 3. AI will completely transform coding

OpenAI (unprofitable) is burning investor cash to prop up Oracle (down 35% with debt at nearly “junk” status) while Anthropic (profitable but possibly because of sweetheart deals on compute) is doing the same for SpaceX (no earnings, PE ratio ♾️) — have I got all this right?

There is a civil war happening in tech over Chinese / free to use / open weights AI? At least on X. I realize no one else cares, but this is my World Cup. tl;dr a former Trump official joined OpenAI, said some stuff about open models he's since walked back, everyone is losing their minds

This morning my AI powered fitness band was like “why don’t you go for a run??” and I was like “actually dangerous air quality” and it was like “good decision!!” Anyway do not take health advice from AI ever

Here’s a useful historical analogy when it comes to AI: The year is 1892. Five days ago Andrew Carnegie consolidated his holdings into US Steel. Today, his hired goons are firing actual bullets at his workers. He is the demonic head of what will become the most polluting industry in U.S. history.

The more I talk to folks trying to implement AI in small and medium size businesses the more apparent it is that what they really need to do is figure out their internal IT stuff & create streamlined systems for the humans already doing the work. Can't even begin to bring in AI until this is done.

my most cancelable take is that AI-inspired layoffs are a temporary realignment that doesn't make them good, that doesn't make them any less painful, it just means that any narrative that's like "AI will lead to permanently less jobs" is pretty silly

I do not think the average American has the slightest sense the sheer scale of the current AI / stock market bubble. It doesn't mean it will pop in a way that's as dramatic or catastrophic as 2001 or 2008 -- we could get what Gary Marcus calls a "great fizzle" -- but a big trough is coming.

Between the over-spending on AI capex, all these IPOs and stock offerings of unprecedented size, strain in the private debt markets, waves of inflation that could be arriving in the coming months on account of energy shocks, the stagnant job market etc. I'm feeling queasy

feels like the big AI impacts are: upending coding and the practice of law; making a terrible mess in healthcare; more algorithmic bias in government at every level; and it will also kill the open web, concept art, the take-home essay and possibly critical thinking any other impacts I'm missing?