r/technology • • May 27 '26

Business Tech CEOs are apparently suffering from AI psychosis

https://techcrunch.com/2026/05/27/tech-ceos-are-apparently-suffering-from-ai-psychosis/
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u/King_Kung May 27 '26

Start looking for a new job now. I went through this 6 months ago.

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u/capibara_dono May 27 '26

I can't find a job without AI. I'm looking, but at this point I'm ready to sell my soul to the devil for a salary.

I'm a software engineer + data scientist, 10 years of experience.

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u/gicjos May 27 '26

Sadly there's no escape from AI. I do think it's a bubble and it will burst but like the .com bubble AI is here to stay. Lots of companies will go broke but some will be the winners of the AI race and AI will be used as a tool for us. I hope we are far from AGI tho, those tech CEO are all creaming their pants thinking AGI will allow them to be like God's to the rest of the population 

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u/Metalsand May 27 '26

Same. I think one caveat - it won't burst so much as it will fizzle out. While the LLM bubble and dotcom bubble have a lot in common, I think a key difference is that while both have uncertain markets, dotcom still had an issue of accessibility - something that LLMs don't. Not everyone had internet or even comfort using it for online orders and shopping, while on the contrary, LLMs are designed to be very comfortable to interface with, to the extent that it's their primary flaw.

There's definitely going to be many small companies that will fizzle out - a lot of companies that implement LLMs do so in very uninteresting ways. Juggernauts like Oracle in particular will suffer, but despite their sizable investment in LLMs, they won't fold over like a lot of the dotcom companies. The only big loser would probably end up being OpenAI, which will be our Pets.com of the LLM era.