June 30, 2026

If you remember the Enron collapse, which was caused by circular financing, hidden leverage, and revenues that may be less real than they look, you might see why some people are calling BS on the whole AI industry. The Bank for International Settlements (BIS) sees the risks. The AI funding money is drying up, AI data center construction has hit a brick wall, and the public is rising up in every sector of the country: labor, homeowners, college graduates, and business employees. Tech oligarchs are still building bunkers, just in case.