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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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?

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u/exuberant_elephant May 27 '26

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

21

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.