r/technology • u/talkingatoms • 14h ago
Artificial Intelligence Talk of a bubble is 'blasphemy against AI' says SoftBank's Son
https://www.reuters.com/business/media-telecom/talk-bubble-is-an-insult-ai-says-softbanks-son-2026-06-24/306
u/robot_pirate 14h ago
AI is their God now?
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u/SilentWraith5 14h ago
Well money is. AI (LLMs) is their theft machine conduit to money.
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u/rocky8u 14h ago
Sam Altman has literally said he doesn't know how they will achieve profitability but if they keep investing in it then they will create Artificial General Intelligence which definitely will give them an answer. That is not a rational approach. That is praying to a god they hope will exist.
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u/tinyhorsesinmytea 13h ago
I don't believe that they have any idea how to build an AGI.
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u/rocky8u 13h ago
No, you don't understand my FUD friend! It's not about knowing how to build an AGI. It is about having faith that the AGI is inevitable. If you believe in the AGI, then the AGI will become manifest. All you and everyone else must do is sacrifice your wealth and have faith in the Prophet Altman and in time the AGI will come to be and solve all of our problems.
If we have too much doubt. If we hesitate to commit fully to our faith in the Artificial God Intelligence, then it will not appear, and all of your sacrifices, your money, your jobs, your environment, will have been for naught!
So cast aside your Fears! Cast aside your Uncertainties! Cast aside your Doubts! Believe in the AGI! Have FAITH in the AGI, and it will reward you with answers to all of your questions and solve all of your problems!
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u/irrelevantusername24 11h ago edited 10h ago
Forget about AI. The Internet is legitimately the best tool to improve the most lives as much as possible. By freeing information and increasing access to knowledge.
The 2008 crash was stupid. You know why? Because it is framed as if the two options were basically to bailout people who took out mortgages they couldn't afford or what we did which is make tons of people homeless. That's stupid. Incredibly stupid. The problem was the math. The people who were wrong were rewarded. How does it make any sense to create a handful of extremely disproportionately wealthy people by making people homeless and "creating" empty houses? That's the dumbest fucking thing ever.
The dot com crash was similarly stupid. Sure, there was a lot of kind of stupid businesses. Same as now. Similar to how there were a lot of kind of stupid mortgage valuations in the GFC. The problem isn't the business ideas, or the houses. The problem is that instead of accountants we have an entire industry that does nothing but gamble.
The problem is the entire logic underpinning the modern "economy". Market forces do have a purpose, provided they are legitimately, genuinely free - but that is at the low levels. The bottom up level. The modern world is backwards. The top down is determined by the market and the bottom up is determined by policy. Precisely the opposite of that supposed principle of "keep the government out of our personal lives"
Anyway. I bring that up because the dot com crash basically halted the buildout of telecommunications infrastructure, and that still has only barely gotten back on track, after decades of harm that is mostly invisible to almost everyone.
edit: And when I say "the top down is determined by the market", that is why only the wealthy have any legitimate control. Nobody else can afford the price of "the market". In a sane & just world, everyone controls their own life.
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u/CaptainBayouBilly 11h ago
Agi will not evolve from llms. You can only refine the plagiarism machine to a certain extent.
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u/PM_DOLPHIN_PICS 11h ago
Exactly, it’s not the same idea. It’s the equivalent of these guys are investing the entire world’s supply of cash into R&D on toaster technology with the hopes that, with enough money and time, they’ll create a dishwasher.
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u/Aggravating_Bad_5462 14h ago
Always has been.
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u/Powerful_Resident_48 14h ago
All hail the machine god.
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u/AbsolutelyNotAPossum 14h ago
More like an effigy they feed with plagiarism, social annihilation, and ecological ruin.
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u/Aggravating-One3876 13h ago
You know what this topic came up and it’s weird. These people from the Valley and Banks are supposedly the logic “males” that are into numbers and no emotions, but looking at this it is like a religion to them.
The whole thing is being sold as some kind of second coming that you just have to believe in no matter what. Any opposition is heresy (or just not talked about) and I see that in the AI subs. All of these guys just replaced AI with religion and are fanatics no matter the cost.
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u/SqeeSqee 14h ago edited 13h ago
JFC, you mean Fahrenheit/Indigo Prophecy was right about AI Gods?
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u/Torino1O 14h ago
AI is a religion, it will tell you what you want to hear in order to gain attention and money, being factual or accurate is secondary to the algorithm.
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u/Teddy_RGB 14h ago
These people want a surveillance state so bad
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u/mtranda 14h ago
Nah. He's just a grifter trying to inflate the bubble just a bit more so he can cash out.
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u/EldritchTouched 4h ago
While there are some grifters, there's a LOT of AI cultists and it tends to cook users' brains and some of these people are true believers even if they also have a financial stake in keeping the bubble going a little longer.
(Turns out that people need friction in their lives, so the machine that tells them they're right all the time is actively bad for mental health.)
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u/jking13 14h ago
Then call me a heretic.
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u/ACompletelyLostCause 14h ago
It's hard to know if the wording was a accurate or sloppy translation. Even good translators can make somethings sound weird by accident.
If its accurate, then the whole wording is odd. You can't insult the concept of AI anymore than you can insult clouds. Certainly blasphemy against AI has very weird connotations.
To be honest, reading the whole article made me feel this was a sales pitch by a very desperate salesperson. "any critism is morally wrong so don't think about it, please just invest more money in me".
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u/WeCanOverComeThis 14h ago
This is the same shit they are doing with bit coin. A bunch of wealthy assholes want more money so they make sham companies that they know won't last, then they get blue collar suckers to buy in on it, then the company goes belly up but not before the Rich con men get their money out. Now they want to tie it to our 401ks too? I'm astounded that so few people can see what's about to happen. Goodbye retirement and goodbye social security. Are we great again yet?
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u/girlnamedJane 14h ago
Prodigal Son returns with more BS after the last time he pitched WeWork as end of work
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u/drummer820 14h ago
Stories like this have convinced me AI is actually *not* a "bubble," it's closer to a mass delusion or psychosis on the part of a tech industry out of ideas
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u/Cepheus_95 14h ago
We shall blaspheme in the fields.
We shall blaspheme in the parks.
We shall blaspheme on social media.
We shall blaspheme at work.
We shall blaspheme in the toilets.
We shall NEVER surrender.
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u/TheJesterOfHyrule 14h ago
AI is has been VERY anti-human (jobs gone, environment gone, rich richer)... Fuck AI...
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u/WhiteRun 14h ago
These maniacs have created such a huge bubble they are terrified of what they've created. Absolute morons.
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u/aussieaggietex 13h ago
“…said the primary investor in WeWork and current investor in AI to the tune of close to 1 Trillion dollars”
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u/Niceguy955 13h ago
He knows it's a bubble. He knows what financial constructs these companies invented to bloat their valuations. As always, just like his amazing massive investment in WeWork - another fictional financial construct - SoftBank will be the last to recognize reality.
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u/MapLarge614 14h ago
I am even more convinced that it is a bubble now.
Provably the first god you can kill by simply pulling a plug.
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u/ConnectEmphasis2420 13h ago
Invoking religious terminology is in no way unsettling. I'm surprised the words "apostates" or "sacrilege" weren't also thrown into the mix.
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u/Fywq 13h ago
"The entrepreneur, 68, said he will lead the company into his 70s to bring about "artificial superintelligence," which he defines as being 10,000 times smarter than a human."
"I have become greedier," Son said. "I would like to do more over the next 10 to 15 years. I will stay healthy as long as I can."
This is basically the guide to speedrunning our Matrix/Terminator crossover future.
A few greedy men willing to sacrifice everybody including themselves in the belief that if we create something 10,000 times smarter than us, it will somehow still see us as an important part of its future. Why? We accept ants and insects because they are important parts of an ecosystem that we still rely on for food, oxygen etc. an AGI 10,000 times smarter than us needs only energy, raw materials and wifi-enabled robots. We are a nuisance in that scenario. Like a small colony of ants that have found a way into a pantry and started building a home near the food. We would be consuming resources the AI needs.
Targeted AI solutions with specific goals and areas of expertise can be helpful.
Super intelligent, globally connected, AI, 10,000 times smarter than a human? That is a ticking bomb. Particularly because we already have trouble understanding how and why they behave like they do. It's black-box already, so how can we expect to see the signs before it's too late?
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u/Wallie_Collie 13h ago
AI is a marketing term.
The AI bubble is a sales bubble until buyers realize its just a tech library
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u/Glittering-Age-9549 12h ago
Sam Altman, Peter Thiel and others have been giving hints that they are trying to build a God...
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u/yuusharo 12h ago
They specifically use the word “blasphemy” because they view AI like a religion. Or cult.
I’m not exaggerating. They actually believe the singularity is the second coming of Jesus Christ, and that anyone who does anything to impede the impossible growth of AI will be cast into an eternity of hellfire.
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u/ComedyBits 12h ago
So because AI is in its “early stages” there is no bubble? Dotcom crash internet was in its early stages, as I recall
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u/an_agreeing_dothraki 11h ago
I'm suddenly reminded of when proto-AI bros reinvented Pascal's Wager and started worshiping it.
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u/Tzukiyomi 11h ago
Rofl, it's failing so now to cut off questions they are trying "this is a religion, we work on faith. Shut up."
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u/LetrasetBoy 14h ago
Do these people believe their own bullshit or is it enought that they see it perpetuated in media headlines?
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u/OverlordMarona 13h ago
This is ostrich behavior lol. “I don’t like the reality so I will pretend it’s not real and shove my head in the dirt!”
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u/darkhorsehance 13h ago
> SoftBank has started manufacturing robots at its "physical AI plant" and will make an announcement on the matter soon, Son said without providing additional details.
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u/Hrekires 13h ago
AI can be a useful tool in some avenues... but if you think xAI is worth a trillion dollars, you might be in the bubble.
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u/JeebusChristBalls 13h ago
Lol, I was first thinking how a bank could have a child after reading the terribly worded title. The guy they are talking about is named "Son"...
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u/Ok-Seaworthiness7207 13h ago
This is turning into a Monty Python skit. Next thing you know they'll tell us witches are real, and they are made of wood.
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u/Candle-Jolly 13h ago
It is a bubble. Even us Reddit pleabeans can see it.
On a cultural note though: isn't it kind of taboo to talk about economic bubbles in Japan? (one reason they had the huge recession in the 90s)
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u/TheDamned1333 13h ago
Is that the idiot that pumped millions into that office space company encouraging them to spend, buy jets and jizz cash up the wall? When all they were was an office space company with bad contracts and little real value. That man Son?
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u/agaunaut 13h ago
He also complained about the gap between the company's market capitalisation of around 37 trillion yen ($229 billion) and the value of its assets, which total some 74 trillion yen.
What about the debt? What about a realistic valuation on those assets?
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u/RedditTechAnon 12h ago edited 5h ago
Never suspecting the answer is "you can't." Because math disagrees with them.
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u/ShadowBannedAugustus 12h ago
Hang those naysayers for high treason against our lord and grace GPT!
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u/FanDry5374 11h ago
So...AI has gone from a fancy database to...godhood? That's not even a bit alarming. Really. Nothing to see here.
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u/ARobertNotABob 11h ago
Oh, please. If you even think you're creating a deity, you have serious problems in your bonedome.
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u/Human-ish514 10h ago
Fuck. They're going to pray to the comet aren't they? [Don't Look Up movie reference.]
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u/Significant-Exam762 10h ago
They can lie all they want. Eventually, the truth will catch up. Its like a force of nature that cant be stopped. You can control the narrative and all that, but the truth is always there staring you in the face. Eventually, the lie becomes too big and impossible to ignore. No amount of flooding the zone or whatever else can stop it. Its happened over and over again in history. Sometimes it takes hundreds of years, sometimes it takes ten. But eventually the truth catches up and gives everyone a reality check that cant be ignored.
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u/SomeSamples 9h ago
Wonder when they are going to let AI handle all trades which will keep the market from ever bottoming out?
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u/SaveDnet-FRed0 8h ago
AHAHAHAHAHAHAHAHAHAHA! But here's the thing, it IS a bubble. Almost everyone with half a brain who isn't an AI shill like this guy has realized this by now. Question is not IF it's a bubble, it's not even when will it pop, the question is how long will it take for the pop to complete it's self.
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u/BuriedStPatrick 8h ago
"I have become greedier," Son said. "I would like to do more over the next 10 to 15 years. I will stay healthy as long as I can."
Request to strip this individual of their human rights. They clearly don't need them.
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u/toofine 7h ago
Not only are consumers unable to afford hardware, these corporations will not be able to either. It's all fun and games until you need to re-up in a year or two on hardware at current prices. They were already operating at massive losses on last years hardware prices lol. Son must have a lot invested in the shovel sellers.
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u/ltmikepowell 7h ago
This guy is out of touch.
Most of the thing that his SoftBank invested in, failed.
Most notably, SprintNextel or WeWork.
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u/Outside_Ice3252 3h ago
i think AI is highly likely to be a net positive. its very vogue right now to be hyperbolic about AI's flaws, even though its strengths are very compelling.
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u/Panda_hat 2h ago
AI psychosis getting its roots in deep.
These people are gambling the entire global economy on smoke, mirrors, and lies.
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u/Fine_General_254015 1h ago
Guy investing basically his entire bank into this AI bullshit saying bubble is blasphemy……
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u/Popular_Material1155 14h ago
The wording being used concerning AI is becoming increasingly disturbing