The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
"According to the Securities and Exchange Commission filings, his fund, Scion Asset Management, bought $187.6 million in puts on Nvidia and $912 million in puts on Palantir, as CNN reports.
Burry similarly made a long-term $1 billion bet from 2005 onwards against the US mortgage market, anticipating its collapse. His fund rose a whopping 489 percent when the market did subsequently fall apart in 2008."
…
"producing the feeling of knowing without the labor of judgement"
https://arxiv.org/abs/2512.19466
oh what a great line
EU looking ‘very seriously’ at taking action against X over Grok https://therecord.media/eu-grok-regulation-deepfake
'It is 2025, and seemingly everyone wants us in the humanities to do stuff “with AI,” informed not by what the technology avails but by the hopes it encodes.' Sonja Drimmer on 🔥on Art Forum
https://www.artforum.com/features/generative-ai-st…
Filing: Pinterest plans to lay off less than 15% of its workforce by Q3 and cut back on office space, saying it is "reallocating resources" to AI teams (Annie Palmer/CNBC)
https://www.cnbc.com/2026/01/27/pinterest-layoffs-stock-ai.html
On Wednesday night, Nvidia released its highly anticipated/dreaded quarterly earnings report
— and Wall Street let out a sigh of relief,
— at least initially.
The multitrillion dollar chipmaker at the center of the AI boom reported
a ludicrous $57 billion in quarterly revenue,
netting it nearly $32 billion in profit.
Compared to the same quarter from the year before,
it amounted to a 62 percent surge in sales,
and a further 65 percent increase …
Inspections by Taiwan's National Security Bureau (NSB) of five Chinese generative AI apps -- Deepseek, Doubao (豆包), Yiyan (文心一言), Tongyi (通義千問), and Yuanbao (騰訊元寶) -- found violations of users' communication security across several indicators.
https://focustaiwan.tw/cross-strait/2025…
A lot of what I’m archiving has like 0 hits but I just know sometime, someone, maybe in a hundred years from now, will find it useful.
It’s a nice feeling to have contributed just a little to preserving our cultural artifacts.
HarperCollins France says it is testing using AI-assisted translation, citing declining sales and following in the footsteps of Taylor & Francis and others (Eva Baron/Publishers Weekly)
http://www.publishersweekly.com/pw/by-to…
Attention detectives: If the AI software you're using specifically tells you not to use it in court filings, then don't bloody use it in court filings. #WrongfulConvictions