2026-10-14 14:48 UTC
"Character.ai's Bankruptcy Documents Show the Economics of AI Don't Work"
https://www.404media.co/character-ais-bankruptcy-documents-show-the-economics-of-ai-dont-work/
This is likely the first of many. The pets.com of the AI bubble?
Replies (3)
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@paul_ipv6@infosec.exchange 2026-10-14 14:56
@spaf@mstdn.social "character.ai becomes canary.ai for AI bubble"
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@TimWardCam@c.im 2026-10-14 15:46
@spaf@mstdn.social "a lot of employees quit because they “began questioning Character’s long-term viability,”" Hey guys, the clever trick is to hire older workers. They won't care about "long-term viability". They'll just ask "will all the venture capital have been burned through before my retirement age" and if the answer is "no" they won't be bothered about what happens after that.
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@blogdiva@mastodon.social 2026-10-14 16:53
@spaf@mstdn.social i think you’re right. Disney invested in it. can't remember which big bank did the same before the pets stock tanked.