710: Mass Delusion Events

Remember all that "AI is gonna change everything" nonsense the kids were screaming about just a few months ago? Yeah, about that. It turns out 95% of corporate generative AI pilots are, to use a technical term, completely shitting the bed, according to a report from MIT. This shocking revelation has sent Wall Street into a tizzy, wiping trillions off the market as investors suddenly realize they've been sold another bill of goods. Even Sam Altman, the high priest of the AI cult, is now trying to pump the brakes, warning that maybe, just maybe, everyone got a little too excited. Meta, never one to miss a bandwagon it can immediately fall off of, has slammed the brakes on its AI spending and hiring. It’s almost like we’ve seen this movie before, with NFTs, crypto, and every other tech bubble that was supposed to make us all billionaires while we sat on our couches.As if the AI-pocalypse wasn't entertaining enough, the next brilliant idea from Silicon Valley, "agentic AI" browsers, has pr