SMRTR AIJul 7, 2026Daily.dev

Let AI Burn

SMRTR summary

The AI industry is a venture-capital-fueled bubble built on manufactured hype, not real demand. With OpenAI and Anthropic raising over $300 billion in 2026 alone while remaining deeply unprofitable, and Big Tech committing $765 billion in capital expenditures to AI with no proven revenue model, any government bailout should be firmly rejected and these companies left to face the consequences of their own failure.

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