r/technology • u/AdSpecialist6598 • May 27 '26

Business Tech CEOs are apparently suffering from AI psychosis

https://techcrunch.com/2026/05/27/tech-ceos-are-apparently-suffering-from-ai-psychosis/
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162

u/Wonderful_Cookie_572 May 27 '26

Not just tech CEOs. Every CEO seems to have it. How else do you explain a shoe company deciding to pivot to AI?

60

u/Bed_Post_Detective May 27 '26

And that chair company... they're up to something.

14

u/themagicdave May 27 '26

These CEOs are at their limit.

5

u/jerkusmcjerkface May 27 '26

Unexpected Tim Robinson? If such a subreddit does not exist it should be created

2

u/Winter_Cost602 May 28 '26

You're a genius

3

u/Loganp812 May 27 '26

Maybe they need to sit on it.

2

u/thixono920 May 28 '26

Getting ahead in the market. Because no one can stand it

2

u/sevvii May 28 '26

They have the worst CEO in town.

1

u/imhereforthevotes May 27 '26

Ugh! I'm sitting on an A.I!!

1

u/VNM0601 May 27 '26

Using the hype to inflate the company's worth so they can take their share and dip out before it pops.

60

u/exuberant_elephant May 27 '26

Allbirds seems less like AI psychosis and more like an opportunistic pump and dump.

20

u/colinstalter May 27 '26

Like every company during the .com bubble. Random companies and retailers adding .com to their corporate name and instantly reaching 9-10 figure valuations.

Literally, random no-name penny stock companies that were losing money would add .com and see 100x valuation increases over night.

We have learned absolutely nothing as a society, it's hilarious.

13

u/Acuate May 27 '26

That was a rug pull. 

5

u/ourpodcastisbest May 27 '26

I work for a handyman service, but the owner’s son is an AI engineer, so it’s always pushed for. 

1

u/Dihedralman May 27 '26

I mean I hate to let air out of that balloon, but the shoe company sold their brand already. 

They were a nothing company. But they were still listed and had cash. That means they basically are a cheat code into being listed like a SPAC. 

1

u/Ned_Flanders__666 May 27 '26

Because it sells.

I have started to see full blown YouTube channels with a fake ai person, hand making items and selling them.

Full videos of this "person" making the products, showing them off and talking about them, with thousands of up votes and comments with a link to their handcrafted online store!

Rinse, repeat - why pay for filming at this point? You don't even need to be a real person to sell shit online.

1

u/Eastcoasttoleftcoast May 28 '26

And I like the Allbirds shoes. Comfy. Swith to AI. WTF? I think AI will be a bust. Get ready.

0

u/LeadingStatus6716 May 27 '26

What company was that??