Other AI Companies Should Be Very Afraid of What Just Happened to Character.AI, According to Its Own Bankruptcy Documents: Be afraid.

It will be interesting to see, but stories have come out for a while about some thing will pop the bubble, and a big recession has been right around the corner for at least a decade. What stage is this bubble in the progression to the .com pop, months, a year? Or is this different, with more profitable companies investing in infrastructure, rather than speculative startups without clear revenue plans? That was part of the take MMM made and I want to be hopeful. It reminded me about my circle of control, reduce attachment to outcomes beyond it, but do what I want within my circle. mrmoneymustache.com/2026/09/25/will-the-ai-bubble-destroy-our-retirement/

This is poised to be the biggest financial crash in history. These assholes are fighting every day to push the crash further away so they can divest themselves quietly or make ot to an IPO, and in doing so are making the upcoming disaster much worse.

And so much investment has been dumped into this scheme I don’t know how our economic system.will survive. Unchecked capitalism needs to go away, but having it collapse all at once is gonna be really, really bad.

maybe having really REALLY bad collapse is the only way people start caring enough to consider how to prevent it from happening again, or at least punish those who caused it. It seems majority will just have to suffer before anything happens since prevention isnt fashionable enough. Though i wonder if even that will shake people up enough.