@scottmelkerwolf: Matt Hougan says AI bubble fears are so intense that an OpenAI accounting quirk crashed markets in a day It speaks to something which is this existential dread that many people feel about the AI boom. Like, they feel like at any moment, to, like, pull the Charles Prince metaphor from 2008 back, at any moment the music will stop and you’ll find out whether you have a chair or not. I mean, we have Ray Dalio saying the end of the bubble is near. And then you ask him why, and he’s like, I think it is. So people are obviously pattern matching the growth of AI to previous major infrastructure builds, and therefore they’re assuming that it’s going to end. There’s so much worry about it that even a misreported sort of accounting quirk can send the market spiraling. #AI #OpenAI

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Sunday 11 October 2026 10:02:55 GMT