Jim Royal, PhD @jimroyalphd.bsky.social · 07/10/2026Any guesses on when Anthropic and OpenAI announced their IPOs? (Yes, it was right at the start of June.) 000
Reposted by Jim Royal, PhDAdam McKay @ghostpanther.bsky.social · 21/09/2026Wrote it with Rob Smigel. And yes, it was pulled from reruns. 422515827
Jim Royal, PhD @jimroyalphd.bsky.social · 19/09/2026Trillions of investment to get this pathetic hot mess. This is what is going to take our jobs? 000
Jim Royal, PhD @jimroyalphd.bsky.social · 16/09/2026So OpenAI can't get a $1 trillion valuation on an IPO and now it's trying to solicit more funds at a $1.2 trillion valuation? LOL. #OPENAI www.wsj.com/tech/ai/open...wsj.comOpenAI Considers Pre-IPO Funding Round at More Than $1.2 Trillion ValuationThe ChatGPT maker has had preliminary investor discussions about a new raise. It is likely to go public next year. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 15/09/2026The Three Stooges of AI -- Dario, Sam, and Elon -- are angling for the next round of public grift: legal CYA, protection from Chinese competition, and even setting up the potential for a taxpayer bailout. #AIGrift bsky.app/profile/dean... 000
Jim Royal, PhD @jimroyalphd.bsky.social · 10/09/2026One wonders if the real problem isn't the enforcement of laws that substantially penalize criminal AI acts. Instead, admitted AI criminality is met with an "oopsie". 000
Reposted by Jim Royal, PhDDean Baker @deanbaker13.bsky.social · 01/09/2026Very good piece on how the shit is about to hit the fan as the AI companies have to start paying for data centers when they come online in a big way, starting next year www.groundbrkr.com/p/the-teaser... Hopefully, even brain-dead billionaires can see this coming.groundbrkr.comThe Teaser Period: Why the AI Boom Is Hitting a Reset WallTrillions in compute commitments come due in 2027–2028. The Reset Wall reveals how the AI boom breaks, and when. 1112163
Jim Royal, PhD @jimroyalphd.bsky.social · 31/08/2026LOL... There's SO MUCH demand for AI compute that SB Energy had to offer OpenAI $5.5 billion in warrants.... R-i-i-i-i-ght www.wsj.com/tech/ai/the-...?wsj.comExclusive | The $5.5 Billion Perk SoftBank’s Data-Center Venture Offered to Land OpenAISB Energy’s agreement deepens its financial ties with the artificial-intelligence company in an effort to build out projects. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 28/08/2026OpenAI, Anthropic and other so-called frontier labs, she [the CFO] said, are “growing faster than what their balance sheets and credit profiles can support.” #OPENAI #ANTHROPIC $NVDA A loss of $12.3 billion in a single quarter with no end in sight... That'll do it... www.wsj.com/tech/ai/nvid...?wsj.comNvidia Insists It Can Keep Printing Money to Fund the AI BoomThe chip maker says its sales ‘flywheel’ is more than robust enough to fund the financial support it gives frontier AI labs and data-center developers 000
Reposted by Jim Royal, PhDAndrew Lawrence @ndrew.bsky.social · 17/08/2026“it costs less money than what we’re doing now” is the only answer we need to push normies towards universal healthcare 11850971372
Jim Royal, PhD @jimroyalphd.bsky.social · 11/08/2026Elon Musk is about to rip off shareholders again. $TSLA $SPCXwsj.comSee How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion PaydayA critical clause in the CEO’s Tesla stock award would wipe away lofty performance targets if a merger happened. 221
Jim Royal, PhD @jimroyalphd.bsky.social · 24/07/2026My latest $TSLA marketwise.com/investing/te...marketwise.comTesla Shares Plunge: Falling Profits, Robotaxi Delays Spook Investors - MarketWiseTesla's stock was down big after the company's second-quarter earnings report, as it heavily discounted cars and some key projects struggle with delays, amid growing SpaceX merger speculation. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 21/07/2026Oracle's already down 50% from its relative high weeks ago, but plenty more could be on the way. $ORCL marketwise.com/investing/or...marketwise.comHere's How Oracle (ORCL) Stock Could Sink 50% Lower - MarketWiseOracle's fate depends heavily on the ability of customer OpenAI to continue raising money so that it can make rent payments on Oracle's AI data centers. 010
Jim Royal, PhD @jimroyalphd.bsky.social · 21/07/2026Oh, just another speed bump on Oracle's path... $ORCL 010
Jim Royal, PhD @jimroyalphd.bsky.social · 21/07/2026Then multiply this effect across domains -- legal, healthcare, other technical fields with lives at stake, etc etc -- and you have a recipe for catastrophe. 000
Reposted by Jim Royal, PhDDean Baker @deanbaker13.bsky.social · 20/07/2026SpaceX's stock fell 15% last week, can the momentum be sustained? deanbaker22.substack.com/p/spacex-dro...deanbaker22.substack.comSpaceX Drops 15%, Can the Momentum be Sustained?Also, a quick comment on the economists' AI letter 3244
Reposted by Jim Royal, PhDDean Baker @deanbaker13.bsky.social · 13/07/2026AI sales went down (as in not up) last week, but what does reality have to do with the stock prices? deanbaker22.substack.com/p/ai-sales-g...deanbaker22.substack.comAI Sales: Going the Wrong DirectionI thought booms were supposed to be upward 1102
Jim Royal, PhD @jimroyalphd.bsky.social · 01/07/2026We got real problems (ahem, global warming) that need trillions in investment now, today. Instead, Silicon Valley is investing big in losers: -- #LLMs -- #Crypto -- #AGI And please no "But AI will help us solve global warming." 🙄 020
Jim Royal, PhD @jimroyalphd.bsky.social · 18/06/2026$SPCX #OPENAI #ANTHROPIC marketwise.com/investing/op...marketwise.comOpenAI's Losses Surge to $21 Billion: Here's What's Keeping the AI Bubble Afloat - MarketWiseOpenAI had $20.9 billion in operating losses in 2025, but the AI bubble will continue to inflate as long as investors are willing to fund it. 001
Jim Royal, PhD @jimroyalphd.bsky.social · 16/06/2026An AI price war? Even considering one shows the kind of trouble the industry is in. #AI marketwise.com/investing/an...marketwise.comAnthropic vs. OpenAI: Why a Price War Threatens to Burst AI Bubble - MarketWiseOpenAI is considering lowering the price of tokens that power its AI models, such as ChatGPT, and rival Anthropic may do the same, sparking a costly price war to the tech industry. Here's how that cou... 000
Jim Royal, PhD @jimroyalphd.bsky.social · 16/06/2026Kinda blows a hole in the narrative, doesn't it? 000
Jim Royal, PhD @jimroyalphd.bsky.social · 12/06/2026marketwise.com/investing/re... $SPCXmarketwise.com3 Reasons Why SpaceX's IPO Could Flop Like Facebook's Busted Debut - MarketWiseThe SpaceX IPO has several features that make it look like the busted IPO of Meta Platforms (META), but will it be able to rise again if its IPO is a bust? 010
Jim Royal, PhD @jimroyalphd.bsky.social · 12/06/2026Fabulous (and humorous) example of how #AI riddles our knowledge (and law and finance, etc) with slop. www.404media.co/elias-thorne...404media.coChatbots Keep Telling Stories About Lighthouse Keeper 'Elias Thorne'. We Might Know WhyLLMs including ChatGPT, Gemini and Claude are obsessed with telling stories about lighthouse keepers and clockmakers, and one character named 'Elias Thorne' has made his way from chatbots to Amazon bo... 000
Jim Royal, PhD @jimroyalphd.bsky.social · 10/06/2026garymarcus.substack.com/p/the-reveng... #AIscamgarymarcus.substack.comThe revenge of Claude Mythos🙄 000
Jim Royal, PhD @jimroyalphd.bsky.social · 04/06/2026marketwise.com/investing/sp...marketwise.comWill SpaceX's 'Catastrophic' Governance Scare Off IPO Investors? - MarketWiseSpaceX may be the most hotly anticipated IPO in 2026, but at least one investor has blacklisted Elon Musk's firm for its "catastrophic governance structure." 020
Jim Royal, PhD @jimroyalphd.bsky.social · 04/06/2026marketwise.com/investing/al...marketwise.comWhy Alphabet Pivoted to Massive $80 Billion Stock Sale to Fund AI - MarketWiseAlphabet is setting the record for the largest equity capital transaction ever, as it sells $80 billion in stock to fund investments in artificial intelligence data centers. 100
Jim Royal, PhD @jimroyalphd.bsky.social · 02/06/2026Great piece on the economics of AI from Brad DeLong braddelong.substack.com/p/inference-...braddelong.substack.comInference Is Unlikely to Ever Be a Low Marginal Cost Operational Node, & the Other Reasons Why the Anthropic and OpenAI IPOs Ought to FailDigital Gods, real costs: why a rational world would see the doom of the foundation‑model-builder IPO, because the AI labs are highly unlikely to ever get profits, let alone hyperprofits… 010
Jim Royal, PhD @jimroyalphd.bsky.social · 02/06/2026AIpocalypse now www.cnbc.com/2026/05/29/-...cnbc.comTokens or humans? The new corporate trade-offAI is costing far more than companies expected, forcing CFOs into a new trade-off between tokens and humans and posing a risk the market hasn't priced in. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 29/05/2026Oopsie... techstartups.com/2026/05/28/c...techstartups.comCompany accidentally spent $500 million on Claude AI in one month after forgetting usage limits - Tech StartupsOne enterprise company reportedly learned the hard way that AI doesn’t just write code and answer prompts. It can torch a budget at a pace most CFOs have never seen before. According to a report from ... 000
Jim Royal, PhD @jimroyalphd.bsky.social · 29/05/2026www.motherjones.com/politics/202...motherjones.comOligarchs are robbing America blind, and the IRS is powerless to stop themThe Wealth Defense Industry and its politicians have seen to that. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 27/05/2026SpaceX’s newly released prospectus highlights the company’s efforts to promote the stock while also revealing concerns about the realism of some of its long-term claims. $SPCX marketwise.com/investing/sp...marketwise.comThe 7 Most Outlandish Things from SpaceX's IPO Prospectus - MarketWiseSpaceX's new IPO prospectus shows how it's working hard to promote the stock even as it shows how unrealistic many claims are. Investors should be wary of these things. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 14/05/2026Cerebras is set to rise more than 100% of its IPO offering price. Here's a look at the numbers behind that kind of performance. $CBRS marketwise.com/investing/ce...marketwise.comCerebras IPO Range Supersizes to $150-$160, Looks Very Expensive - MarketWiseCerebras Systems raised its IPO price range, repricing to $150 to $160. Cerebras' IPO is reportedly 20 times oversubscribed, indicating massive demand, but the AI chip maker looks expensive. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 14/05/2026Approaching 50x my generous estimate of 2026 sales. Everything is fine... 010
Jim Royal, PhD @jimroyalphd.bsky.social · 07/05/2026Crypto-collateralized mortgages cost way more than conventional mortgages. The #crypto industry wants you to believe they're the wave of the future. Like the rest of crypto, they're just products for people who can't think clearly. 010
Jim Royal, PhD @jimroyalphd.bsky.social · 05/05/2026SpaceX CEO Elon Musk may have something even bigger up his sleeve than a SpaceX IPO – a potential merger with Tesla. #SPACEX $TSLA marketwise.com/investing/is...marketwise.com7 Reasons Why a SpaceX and Tesla Merger Could Happen - MarketWiseSpaceX is preparing a huge IPO that could set up a potential merger with Tesla, giving CEO Elon Musk control of the combined company. Here's why it could happen. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 05/05/2026"These pre-IPO derivatives represent the latest retail frontier of that shift: the same permissionless architecture that once powered memecoin speculation is being used to ride the likes of Anthropic in real time." #crypto finance.yahoo.com/news/ais-hot...finance.yahoo.comAI’s Hottest Private Firms Have Booming Crypto Shadow Market(Bloomberg) -- The race to sell retail investors a piece of the AI boom has gone mainstream — closed-end funds, interval funds, special-purpose vehicles. Now, crypto platforms are offering trades tied... 010
Reposted by Jim Royal, PhDJim Royal, PhD @jimroyalphd.bsky.social · 19/04/2026Millions of Americans may be forced to own Elon Musk’s SpaceX stock soon after it goes public, due to recent changes in how the Nasdaq includes stocks in its Nasdaq 100 index. Sounds outrageous, doesn’t it? It gets even worse when you dig into the details, though. #SPACEXmarketwise.comSpaceX IPO Could Force Investors Into an Overvalued Stock - MarketWiseNasdaq rule changes may push millions of investors into SpaceX after its IPO. Here’s why critics say the stock could be massively overvalued. 012
Jim Royal, PhD @jimroyalphd.bsky.social · 29/04/2026"A survey...of 3750 executives and employees finds that, even though 81% of executives think their AI tools have 'significantly improved productivity,' their workers are actually wasting eight hours per week cleaning up AI-slop...51 work days a year." www.nakedcapitalism.com/2026/04/russ...nakedcapitalism.comRussell’s Teapot: Dispatches From the Final Stage of the AI Bubble | naked capitalismThe AI future sold to markets rests on claims that cannot survive scrutiny, not foresight but hype dressed up as inevitability. 010
Jim Royal, PhD @jimroyalphd.bsky.social · 28/04/2026This new #crypto product will help almost no one, because few people own enough crypto to make a home down payment anyway. It’s yet another example of crypto “solutions” that are in search of problems. Thank you, @profhilaryallen.bsky.social marketwise.com/investing/cr...marketwise.comWhy Bitcoin Investors Should Avoid Crypto-Backed Mortgages - MarketWiseCrypto-backed mortgages can cost up to 30% more per month than traditional loans. Read our full breakdown to see how the extra yearly costs compare to potential tax savings. 011
Jim Royal, PhD @jimroyalphd.bsky.social · 23/04/2026EchoStar acquired the right to $11 billion in SpaceX stock at $212 per share. But the price of SpaceX has soared in recent months with new valuation rounds. $SATS #SPACEX marketwise.com/investing/ec...marketwise.comBuying EchoStar for SpaceX Exposure: Worth the Risk? - MarketWiseEchoStar holds a valuable stake in SpaceX, but uncertainty around the deal and valuation raises key risks for investors. 010
Jim Royal, PhD @jimroyalphd.bsky.social · 20/04/2026truthout.org/articles/wan...truthout.orgWant to Resist a Data Center? These Organizers Share How They Did It.Organizers from Tennessee, Wisconsin, and Arizona share strategies for resisting data centers in other communities. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 19/04/2026Millions of Americans may be forced to own Elon Musk’s SpaceX stock soon after it goes public, due to recent changes in how the Nasdaq includes stocks in its Nasdaq 100 index. Sounds outrageous, doesn’t it? It gets even worse when you dig into the details, though. #SPACEXmarketwise.comSpaceX IPO Could Force Investors Into an Overvalued Stock - MarketWiseNasdaq rule changes may push millions of investors into SpaceX after its IPO. Here’s why critics say the stock could be massively overvalued. 012
Jim Royal, PhD @jimroyalphd.bsky.social · 11/04/2026Here's what Meta's near-$1 billion compensation is really about. $META marketwise.com/investing/me...marketwise.comWhy Meta’s $1B Executive Pay Plan Isn’t What Investors Think - MarketWiseMeta cuts jobs for a $135B AI pivot. Is its pay package a bullish signal or a retention play? See what this means for META shareholders. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 01/04/2026marketwise.com/investing/sp... #SpaceXmarketwise.comSpaceX IPO: 3 Investor Flags You Shouldn’t Ignore - MarketWiseSpaceX’s massive IPO could be historic, but key details around valuation, governance, and insider selling raise serious concerns for investors. 000
Jim Royal, PhD @jimroyalphd.bsky.social · 30/03/2026This gem on a SpaceX IPO: "A PitchBook analyst called that valuation justifiable, while noting that it would mean a price-to-sales ratio of about 110 times on a trailing basis." TL;DR: 110 P/S ratio 000
Jim Royal, PhD @jimroyalphd.bsky.social · 09/03/2026''Sir, an AI's writing is like a dog's walking on his hinder legs. It's not done well; but you are surprised to find it done at all.'' 000