History doesn’t repeat itself, but it does rhyme—in booms, busts, and the madness of crowds. “The AI Bubble” series is a TechOnion crusade that connects the dots from 17th-century Dutch tulips and dot-com flameouts to the “circular financing” and “AGI mirage” of today. We’re peeling back the layers of hype, following the money, and spoiling the ending of a movie we’ve all seen before. This isn’t just a market watch; it’s a death watch.
TL;DR AI didn’t fail. The story we were sold did. We were promised a world where intelligence becomes cheap, abundant, and universal—where AI sits in front of us, ready to serve. But every product that forced humans to interact with AI directly has quietly failed. Because humans don’t want intelligence.They want outcomes. The future of […]
This video is a groundbreaking exposé on the true nature of modern technological achievement! Finally, someone is celebrating the brave, brilliant venture capitalist-backed pioneers who are tirelessly inventing services that solve the most crucial non-problems facing humanity! It is pure genius that we now have a marketplace full of “revolutionary AI startups” dedicated to repackaging […]
Here’s what history teaches us about grand deceptions: they don’t repeat exactly, but they do share a signature—a seductive promise of a transformative leap, a new technology so revolutionary it will remake civilization as we know it, backed by charismatic prophets who tell us this time is different! In 1770, it was the Mechanical Turk promising […]
In 1770, a Hungarian inventor named Wolfgang von Kempelen unveiled a chess-playing robot (known as the automaton back then) that fooled emperors, statesmen, and the brightest minds of the Enlightenment for 84 years. The Mechanical Turk, as it was called, was a marvel—an impossibly intelligent machine that could beat Napoleon Bonaparte and Benjamin Franklin at […]
On September 5, 1929, financial expert Roger Babson stood before a crowd and declared, “Sooner or later a crash is coming, and it may be terrific.” The market dipped 3%, the establishment dismissed it as a “healthy correction,” and two months later the entire economy imploded. On January 20, 2025, a Chinese AI lab called […]
Welcome to the AI endgame, where the tech industry’s most expensive game of musical chairs is about to run out of music—and seats. While Silicon Valley’s philosopher-kings have been busy promising us AGI, immortality, and a new industrial revolution, a small problem has emerged: the money is running out, the hardware is rotting faster than […]
In 2015, Elizabeth Holmes promised that a single drop of blood from a finger prick could run hundreds of medical tests with revolutionary accuracy, transforming healthcare forever. The technology didn’t work, the results were often fabricated or wildly inaccurate, and investors lost $700 million before Holmes was convicted of fraud. Fast forward to 2025, Sam […]
In 1637, a Dutch trader named Jan van Goyen traded his entire house for three tulip bulbs. In 2024, OpenAI traded $10 billion in future revenue, Microsoft’s cloud infrastructure, and whatever dignity it had left for the right to hoard Nvidia H100 GPUs ahead of its competitors. If you’re thinking these two scenarios are separated […]
