"After a June 27 Goldman Sachs report finally said that the emperor, AI, had no clothes in a language tech grifters understand, the bubble has been starting to pop. OpenAI, valued at $80 billion, revealed it might be bankrupt by the end of the year, because AI is valueless and makes no money, while studies showed that products that mentioned AI in their marketing did less well, we may be witnessing the end of what tech reporter Ed Zitron calls The Rot Economy. And today it is tech--in the US, Japan, S. Korea and Taiwan--that is driving the market collapse."

Great analysis from @VickyACAB on today's #stockmarket news.

https://all-cats-are-beautiful.ghost.io/lets-all-watch-the-tech-economy-die/

@igd_news not really sure how this is the end of the rot economy?