Charlie Stross
Ooooooh shit: the AI boom sits on top of a $610Bn stock fraud (detected by trading algorithms on Thursday evening).
"The current inventory trajectory suggests one of two scenarios. Either demand is weaker than management claims and chips are accumulating unsold, or customers are accepting delivery without payment capability"
botvolution
@cstross
Zitron thinks this article is bs
Mike McCaffrey
@cstross I love how even the stories of massive fraud in the #AI market can't help but push the same stupid machine learning hype that created the #AIBubble in the first place, as if 18 hours isn't enough time for human experts to find fishy numbers in a company report that everyone knows must contain fishy numbers.
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