Vanessa covers a broad range of IT related topics, but she’s on top of THE topic in late 2025 in this video.
The biggest tech companies are faking AI profits through circular deals, investing in each other then using that same investment money to buy products from one another. They’re recycling the same money but each time a deal is made their stock price soars. The bubble gets bigger with each new investment and despite clear signs it’s reaching critical mass they’re accelerating instead of slowing down.
Having prospered during the post 911 time period, I recognized what was happening some time ago. The startup I’m working on expects a crash, and expects that what we’re doing will be a service that will survive. There are some other “works in a crash” things I can do that I need to get moving, but there are only so many hours in the day, and they’ll be there after it all lets go with a bang.
Years ago I saw an interview with Republican pollster/strategist Frank Luntz. When asked “How bad could this get?” his deadpan response was the same as Vanessa’s, just much shorter, and several years too soon:
France. 1793.
If that doesn’t ring a bell, check out this video on the Reign of Terror during the French revolution. Guillotines and whatnot were in fashion then.