Bharat Ponnaluri

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Monthly Archives: June 2026

Money invested in the AI bubble

June 1, 2026 bponnaluri@gmail.com

As of May 2026, AI companies have apparently spent an estimated $1.4 trillion dollars for $613 billion in revenue according to isaiprofitable.com. That’s a lot of money being burned on a technology that is a net negative for society.

Recent Posts

  • Money invested in the AI bubble
  • More evidence that generative AI is a scam
  • Deciding to not work on AI idea I have
  • What I think of the source code for Anthropic’s Claude Code
  • Why I do not use generative AI for prototyping

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