Jersey Mike's IPO illustrates how bad the AI hype is

https://finance.yahoo.com/technology/ai/articles/jersey-mike-ipo-illustrates-bad-201159743.html

by cybermango • 19 days ago

7 3 19 days ago

finance.yahoo.com

jqpabc123• 19 days ago

Bubble.

cyanydeez• 19 days ago

So, I think it's more interesting to look at the IPO as the same basket of uselessness that is the resume.

Who do you suspect is...actually reading the filing documents? No one. It's all AI dark pools trying to do whatever.

I don't think there's many humans in the loop when it comes to the financial system anymore, not at the level of bullshit being spewed. And it's not just today, rather, the last 2 decades saw tons of trading firms inch closer and closer to the trading machines because of temporal reality.

Same reason Trump's bullshit moves markets: the markets are almost entirely synthetic idiots, and retail investors are meaningless unless they do something like GME did briefly.

qsxfthnkp2322• 19 days ago

I saw a video of some blackstone pe guy take the smallest bite of that jersey mike sandwich.

So that was ai? He didn’t even really eat it?

Jersey Mike's IPO illustrates how bad the AI hype is

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