this post was submitted on 10 Oct 2026
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I truly can’t see the bubble bursting at this point. They’ve won their race and built a technology so impressive it cannot be ignored or dropped. AI dominance is now a matter of nations (cyber) security. As soon as they’re any real chance of these labs failing they’ll be a tax payer bailout. I just hope it also results in nationalizing the leading AI labs so the models build on public knowledge can be forced into the public domain where they belong
A bubble burst is not necessarily 'the end' of a tech. The internet bubble burst back in 2000, and here we are.
A lot of the financial burden is offloaded to SPVs that may well be allowed to fail, as the AI companies don't directly carry the liabilities. They certainly carry enough of them, but they have done a lot to manage to leave other entitites holding the bag. Government may happily let Anthropic fold if it came to it, because Trump is all pissy with them. SpaceX would depend on whether Trump is pissed or loving Elon in the moment of decision. Hell if Trump decided that 'TrumpAI' was a possible concept he'd probably let them all burn for the chance of his grift picking up the pieces.