Since generative artificial intelligence arrived in 2022, analysts have warned that the AI bubble is real and that it could burst at any time. Now, we finally have proof that the end may be closer than we think, thanks to tangible data that is hard to refute.

The early days of generative AI were rife with hype and optimism, with a laundry list of promises from everyone involved, from investors to developers and all in between. Goldman Sachs said AI could boost the global GDP by 7%. Others claimed it would automate repetitive work at businesses to make employees more efficient. AI was even positioned as a lifesaving tool that will find the cure to deadly diseases, including cancer.

‘They’re losing hundreds of millions of dollars. This is most of the AI industry.’

IBM even warned, “Because of the wide-ranging applications and complexity of generative AI, many media reports might lead readers to believe that the technology is an almost magical cure-all.”

It isn’t. Or at least, it hasn’t yet. That is clear in the way that the AI developers still haven’t achieved artificial general intelligence, stopped AI hallucinations, or found reliable ways to sell AI to society, aside from having it do mundane tasks that are easier to do manually, like booking a flight or making a dinner reservation.

In fact, many of the Big AI CEOs and AI proponents are still making the same promises today — that AI will revolutionize the world — eventually. All they need is more money, more time, and more data to feed into the AI machine.

Still, the early promises were too tempting. Investors hopped aboard, dumping nearly $1 trillion globally into research and development, data center infrastructure, and snagging top talent for the frontier AI platforms to continue their work. But after years of AI giants like OpenAI and Anthropic failing to turn a profit, the AI bubble looks poised to burst at last.

RELATED: The AI bubble is about to pop. Here’s how to prepare yourself.

Charles Taylor/Getty Images

In a recent podcast, the CEO of EZPR, Ed Zitron, said he saw the financial books of a major private AI company firsthand. While he didn’t divulge the name of the company in question, he issued a dire warning: “They’re losing hundreds of millions of dollars. Hundreds of millions,” he repeated for emphasis. “This is most of the AI industry.”

In Zitron’s estimation, the AI boom is fueled primarily by hype. “This is not something that’s being substantiated by revenues or returns,” he continued.

“People are starting to realize that the math does not work.”

A company called CoreWeave was hit particularly hard by AI’s poor financial performance. Unless you are deeply entrenched in the AI world, you have probably never heard of the company, but CoreWeave is a U.S.-based “neocloud” service provider. Essentially, it rents Nvidia GPUs to artificial intelligence companies and other businesses.

Unfortunately for CoreWeave, a perfect storm of $50 billion in debt, rising interest costs, and concerns over the company’s lack of profitability led to a massive drop in its stock price. CoreWeave is currently down 55% from its 52-week high. All of this makes it harder for CoreWeave to borrow more funds without a huge interest rate attached.

“CoreWeave is arguably one of the best-capitalized, best-connected, best-funded neoclouds out there,” according to Zitron. “Which means anyone raising data center debt right now is both in the toilet and being flushed at the same time.” It’s bad news, both for CoreWeave and smaller neocloud providers trying to stay afloat.

“Even if you think AI is the most important thing ever, there is a point at which this debt is unsustainable against the potential return.”

Anthropic, the maker of Claude, is also under fire after its IPO prospectus document leaked in late September. The numbers were dire, showing that the company spent $42 billion last year and only brought in $4.6 billion in revenue.

As costs continue to go up and AI providers continue to lose money, the AI industry inches closer to a total collapse. It doesn’t matter that the AI models are getting smarter and that those models can be used to build interesting things. At the end of the day, the AI platforms aren’t turning a profit, and that makes it harder to borrow more money to sustain themselves.

Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

​Ai bubble, Ai models, Artificial intelligence, Debt, Generative ai, Tech 

Jaime West, an Indiana Democrat running for the Fayette County Council, went viral online over a bizarre Oct. 9 candidate interview on LocalTV3.

Not only did West sloppily express loathing for Republicans and call for them to be fired in a county where President Donald Trump received 77.5% of the vote in 2024; she issued an apparent threat to her political opponents, stating, “We have guns too.”

‘It’s trebled in the last 30 seconds.’

Following widespread speculation that West was a few cards shy of a full deck or had at least been intoxicated, the Democrat appeared on “Piers Morgan Uncensored” on Monday and confirmed the latter was the case.

When asked by the British host whether she’d had a drink before her viral performance, West said, “I had a Coors Light. I had a beer.”

Morgan, apparently unconvinced, asked, “One beer or —?”

Upon reflection, West said, “Maybe a couple,” then noted that she had been nervous at the time about “going in a room full of Republicans.”

RELATED: ‘We have guns too’: Democrat plumbs new depths in INSANE interview

Still not buying West’s answer, Morgan said, “Jaime, here’s your chance to be completely honest and transparent. How many beers did you have?”

“All right,” said the Democrat, who is the registered owner of Queen Bee’s Cleaning. “Three.”

“It’s trebled in the last 30 seconds,” responded Morgan. “So do you accept you may have been a little intoxicated?”

“Not that intoxicated,” she replied. “But I do know what I’m talking about.”

The Democrat then claimed that she was completely sober for the interview underway.

Ben Ferguson, the co-host of “Verdict with Ted Cruz” who partook in the panel discussion with Morgan and West, later questioned the size of the Coors Lights that the Democrat had thrown back.

During the segment, Morgan afforded West an opportunity to rephrase or recant the provocative statements she gave in her candidate interview — including her suggestion that elements of MAGA are racist and dumb. Not only did West decline the offer, she doubled down on her previous statements.

West said, “No. I say it all the time. I’m not friends with them [Republicans]. I don’t like them. They voted for all of this that’s happening and to our country. We have a constitutional crisis!”

Ferguson, who laughed throughout the exchange, chimed in and claimed he is “now a huge advocate for candidates drinking before debates because then we might actually find out what they believe in.”

In a comment to IndyStar, West said, “Given that Republicans have held control of the state for over 20 years, it is frustrating to see so many Hoosiers continue to vote against their own interests and harbor hostility toward Democrats.”

Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

​Indiana, Jaime west, Midterm election, Piers morgan, Politics, Alcohol 

The sheriff of Webster Parish, Louisiana, said a 911 call reported a domestic disturbance in a vehicle traveling at a high rate of speed on U.S. Highway 80 just before 5:30 a.m. Sunday.

The vehicle reportedly crashed when 44-year-old Billy McFarland allegedly jumped the female driver, officials said, adding that McFarland fled the scene before a nearby deputy arrived.

‘The homeowner apparently feared for his life and for the lives of others who were inside the residence.’

McFarland reportedly went to a residence on U.S. Highway 80 west of Minden, where he vandalized two vehicles, breaking the rear window of one and the windshield of another, officials said, adding that he then began banging on the door of the residence.

When he received no response, McFarland reportedly moved to the rear of the residence, where he climbed atop an air conditioning unit and used a pocketknife to cut through a window screen and enter the residence, officials said.

“We learned he had the knife in his hand when he came through the window,” Sheriff Jason Parker said. “The homeowner apparently feared for his life and for the lives of others who were inside the residence.”

With that, the homeowner shot and killed McFarland, officials said, adding that McFarland, of Marrero, was shot multiple times.

“We do not anticipate any charges, but we will continue to investigate and forward the results to the district attorney for review,” Parker added.

Parker said McFarland’s body has been sent to Little Rock, Arkansas, for an autopsy to determine a possible cause for the actions which led to his death, officials said.

Sheriff’s investigators also learned that McFarland had an extensive criminal history in his home area, including felonies, Parker said.

RELATED: Male allegedly breaks into Texas home in middle of night — and learns right quick why that’s a foolish idea

More than a hundred comments hit the sheriff’s office Facebook post about the incident, and they were squarely behind the homeowner. The following are but a few of them.

“What would have happened had the homeowner not had a gun?” one commenter wondered. “That’s so scary to think of.””He shouldn’t be charged. Y’all know if someone breaks into your house, they aren’t up to any good, and we have the right to defend ourselves and our homes from intruders,” another user stated. “Let him be.””And he shouldn’t be charged!!” another commenter declared. “And I pray that he doesn’t have any bad thoughts of what he did. He was protecting himself and his family.””Don’t be entering anyone’s house not welcomed, and it won’t come to this — but if you cross that line,” another user wrote. “Don’t try that in a small town.”

Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

​Louisiana, Home invasion, Fatal shooting, Homeowner shoots intruder, 2nd amendment, Self-defense, Guns, Gun rights, Crime 

Arizona is adding a new national park, bringing the state’s total to four.

On Tuesday, President Donald Trump signed a bill into law designating the creation of Chiricahua National Park, a small park in Southeastern Arizona with some stunning views.

‘This new designation will shine a national spotlight on one of Arizona’s hidden gems.’

Previously protected as Chiricahua National Monument since 1924, the new park continues the protection of the rhyolite rock spires formed by an ancient volcanic eruption 27 million years ago.

A National Park Service press release noted visitors will be able to continue to enjoy hiking, camping, scenic drives, and viewing the rich biodiversity in the new park.

“Chiricahua’s towering rock spires, rich Apache heritage, and remarkable biodiversity make it one of America’s most extraordinary landscapes,” Secretary of the Interior Doug Burgum said in the press release. “This new designation will shine a national spotlight on one of Arizona’s hidden gems, creating opportunities to welcome more visitors, strengthen local economies, and share this incredible landscape with more Americans.”

In addition to the rhyolite rock spires, the park is home to balanced rocks and the historical Faraway Ranch homestead. It is also one of a shrinking number of places to see the uninhibited night sky.

RELATED: Astronomers detect unprecedented radio signal — it’s coming from a gigantic planet

National Park Service on X

“Chiricahua has been part of the National Park System for more than a century, and this new designation marks an exciting chapter in its history,” said Jessica Bowron, the comptroller exercising the delegated authority of the director of the National Park Service. “While its name is changing, our commitment remains the same: protecting this remarkable landscape and its cultural heritage while providing opportunities for visitors to experience and enjoy it for generations to come.”

Sen. Mark Kelly (D-Ariz.), perhaps best known for his role in the infamous “seditious six” video posted last year, introduced the bill in 2021. The bill passed the House in March and passed the Senate in September.

Sen. Kelly celebrated the passage of the bill on Tuesday.

“Today is a historic day for Arizona. Making Chiricahua a national park has been a priority of mine since I first came to the Senate, so I’m thrilled this day has finally arrived,” said Sen. Kelly.

“A bipartisan effort from the start, this is a win for the communities in southeastern Arizona and for everyone who worked to protect this extraordinary place so our kids and our grandkids can enjoy it.”

Chiricahua, also known as the “Wonderland of Rocks,” will be the 64th national park in the United States.

Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

​Arizona, Law, Seditious six, Senate, Camping, Mark kelly, Politics, Donald trump 

Immigration and Customs Enforcement was roped into a murder investigation in California after a woman went missing a few weeks ago and was later found dead.

On October 4, a cousin of Jasmine Gill reported that she had gone missing, according to the Sacramento County Sheriff’s Office. The last time Jasmine was seen was on September 30 at her home in Sacramento.

The charred remains discovered in El Dorado County on October 1 were determined to be Jasmine Gill.

Jasmine’s husband, Gurinder Gill, told investigators that ICE had nabbed Jasmine when she went out to get the mail, the sheriff’s office said. However, ICE confirmed to the sheriff’s office and to Blaze News that no immigration enforcement had been conducted at that residence.

Additionally, investigators began to find “several inconsistencies in Gurinder’s statements about his wife’s disappearance,” the sheriff’s office continued. Officials also learned that the couple were in the midst of a contentious divorce and custody battle.

RELATED: College football player stabbed to death allegedly by illegal alien who was given deportation pass TWICE, sources say

Husband accused of killing wife after claiming ICE agents detained her

Meanwhile, their worst fears about the missing woman were confirmed when charred remains discovered in El Dorado County, California, on October 1 were determined to be Jasmine Gill.

Gurinder Gill, 28, was arrested on murder charges last Wednesday and booked into the Sacramento County jail, where he remains. Jail records state that he is “ineligible for bail.”

Court records note that Gill had an arraignment hearing on Friday, but do not say whether he entered a plea or retained counsel. He is scheduled to appear in court again on December 7, according to SFGate.

The Sacramento County public defender’s office told Blaze News Wednesday morning that the defendant’s name was not in its files.

Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

​California, Immigration and customs enforcement, Murder, Crime, Politics 

Pollsters routinely miss the mark, but some pollsters aren’t even trying to hit the target.

Just months after a polling outfit that gave Los Angeles Mayor Karen Bass (D) a false sense of momentum was exposed as a fraud — or as they put it, a “short-term social experiment” — another pollster has been outed as a phony.

‘Don’t fall for it.’

On Tuesday, the election forecasting website FiftyPlusOne confronted Wedgewood Polls — which claimed on its now-deleted website to be “a nonpartisan, online-panel survey research firm covering competitive U.S. House, Senate, and gubernatorial races nationwide” — with evidence that it had been fabricating data.

The fake pollster immediately dropped the mask, first issuing a statement on social media claiming that it was “an experimental project to demonstrate the vulnerabilities, lack of oversight, and overall low barrier to entry in the modern political polling industry,” then reportedly replying to FiftyPlusOne researchers’ request for comment with “f**k you.”

In its public statement, the fake pollster admitted that there was “no real data behind the vast majority of our releases” and boasted that “our fabricated numbers were given instant credibility across national media platforms — including being cited on air and in reporting by outlets such as MS NOW.”

RELATED: Iowa poll SHOCK: Pollster admits how it skewed key race results toward Democrats when GOP really leads

In its coverage earlier this month, MS NOW featured a Wedgewood Poll showing Democrat Jocelyn Benson with a 10-point lead over Republican John James in the Michigan gubernatorial race, reported Mediaite. Blaze News’ Poll Watch currently has Benson with a lead of 6.7 points.

“The ease with which unverified figures were absorbed into mainstream political narratives highlights a systemic breakdown in media vetting and data aggregation,” said the fake pollster, which claimed that only one of its many surveys was legitimate.

Wedgewood Polls has been turning out bogus data for months — data that have been shared by numerous publications and poll aggregators, including Decision Desk HQ, the Economist, FiftyPlusOne, Poliwave, the New York Times, 270toWin, and VoteHub.

VoteHub, for instance, included data from Wedgewood Polls in a weekly polling rundown on July 29 showing Abdul El-Sayed leading Haley Stevens in the Michigan Democratic Senate primary 46%-39%. The false polling data about Stevens evidently prickled Neera Tanden, the former director of the Biden White House Domestic Policy Council, who expressed disappointment on Tuesday that “a lot of smart people fell for the op.”

The New York Times acknowledged on Wednesday that its poll tracker “included 15 polls released by Wedgewood between June and October, some of which included multiple races.”

Decision Desk HQ included at least 17 of Wedgewood’s phony polls on its race-level polling lists and averages.

While Decision Desk HQ claimed that removing the polls has “not changed the projected seat totals or chamber control probabilities in the Senate or House,” the removal has for other outlets proven consequential.

When the Economist removed Wedgewood’s polls from its model, their results shifted in “a handful of races.” For example, “Democrats’ win probability in the Mississippi Senate race fell from 7.1% to 5.5%,” said the Economist.

BlazeTV host Steve Deace wrote, “Keep this in mind regarding the Wedgewood fake polling scam. Way back in June, Wedgewood missed the winner of the Louisiana Republican Senate primary by 18 points. 18. points. And yet months later, elite corporate media kept promoting their fake polls anyway.”

Republican Rep. Julia Letlow beat state Treasurer John Fleming 56.9% to 43.1% in the Louisiana Senate primary runoff in June. Wedgewood released a poll on June 25 showing Fleming leading Letlow 51%-47%.

Republican Rep. Abe Hamadeh (Ariz.) said of the revelation about the fake pollster, “Everything is fake! Smile and touch grass — enjoy reality and enjoy the show!”

Heritage Foundation president Kevin Roberts noted, “This is the second left-wing polling psy-op exposed during this election cycle. There is a coordinated effort to demoralize conservative voters and keep them away from the polls. Don’t fall for it. Your ballot is the only poll that ultimately matters. Go vote.”

Mallory McMorrow, the Michigan state senator who ran for U.S. Senate and unofficially withdrew from the Aug. 4 Democratic primary after trailing in distant third place to El-Sayed and Stevens, attributes some of the blame for the death of her campaign on a fake Wedgewood poll. She claimed Tuesday night that the late June poll showing her with only 9% adversely impacted donations and volunteer morale and prompted calls for her to drop out of the race.

“Sure, a point was proven. Polling is broken,” wrote McMorrow. “But tens of thousands of people poured their hearts, time, energy, hard-earned money into something they believed in — for a year-and-a-half, and it was treated like a game. Our volunteers gave their all. And then some. I felt like I had let so many of them down.”

“If this teaches us anything — DON’T GET COMPLACENT AND DON’T TRUST THE POLLS,” added McMorrow.

Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

​Poll, Fraud, Mallory mcmorrow, Abdul el-sayed, Midterm election, New york times, Politics 

Los Angeles officials appear to have made a damning concession in a filing related to the legal feud over 20,000 people identified as “likely noncitizens” who are registered to vote.

In a lawsuit filed Thursday, the Department of Justice demanded that state and L.A. County officials refrain from tabulating the vote-by-mail ballots of the individuals in question, at least for the federal election in less than two weeks. California automatically sends out a mail-in ballot to all registered voters.

‘California has not acted on the list of 20,000 suspected noncitizens or agreed to set aside their ballots. American citizens’ votes are being diluted in California.’

Earlier this month, California officials denied a similar request from the federal government and accused the government of making difficult demands to cause a political spectacle.

On Monday, the DOJ requested an emergency temporary restraining order to force officials to set aside the potentially illegal ballots, but the state’s officials are still rebelling.

California officials filed motions to oppose the emergency TRO on Tuesday — and soon after, First Assistant United States Attorney for the Central District of California Bill Essayli posted a damning admission to the state’s cause.

“Massive concession: Los Angeles election officials just told a federal court they have no independent way to verify citizenship beyond what voters attest. (They simply take their word for it),” he posted in a statement on social media.

“Under federal law, only citizens may vote in federal elections,” he added. “Yet California has not acted on the list of 20,000 suspected noncitizens or agreed to set aside their ballots. American citizens’ votes are being diluted in California.”

Essayli pointed to a section from the motion where a Los Angeles official said officials were not “equipped” to meet the citizenship certification demands of the government in time for the election.

“The Registrar is not equipped or authorized to verify voter citizenship because it does not independently house citizenship-related information beyond the voter attestation as identified in federal and state law (such as, among other things, immigration records, travel records, naturalization records, etc.) and certainly is not equipped to do so within the election period,” the defendants wrote.

Democrat Gov. Gavin Newsom of California responded through his press office on social media.

“California adheres to Federal Law passed by Congress in the 1990s [see 52 U.S.C. 20504(c)(2) (Section 5 of the NVRA)]. May want to brush up on your election law before tweeting. Perhaps Second Assistant is more apt from now on?” the official account wrote.

RELATED: Ninth Circuit Court SLAPS DOWN Newsom law restricting ICE operations

He also responded via social media to the first lawsuit filed by the Justice Department over the possibly ineligible voters.

“This is a sad, desperate attempt by Trump to use his politicized Justice Department to try to suppress California voters just three weeks before Election Day,” the governor said.

“Courts have made clear the federal government has no role in running state elections,” he added. “We will defend free and fair elections in the Golden State and call out every authoritarian attempt to undermine our democracy.”

While California is very left-leaning, there are some competitive congressional races that could help determine whether Democrats seize control of the House.

Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!

​Gavin newsom, Voter rolls, Election fraud, California, Politics 

When you pop the hood of a new pickup truck, there’s something you won’t find any more: the oil dipstick.

General Motors has confirmed that its new sixth-generation 5.7-liter and 6.6-liter V8 engines, coming to the 2027 Chevrolet Silverado 1500 and GMC Sierra 1500, will no longer have a conventional dipstick. Instead, drivers will check the oil level on a digital display inside the truck.

I still check my tires with a pressure gauge, even though my vehicles have tire-pressure monitoring systems.

I’ve been working on cars for decades, and I think this is a mistake.

Checking your oil is one of the simplest and most important things you can do to protect your engine. You pull out the dipstick, wipe it clean, reinsert it, and pull it out again. In seconds, you know whether your engine has enough oil. You can also see what the oil looks like.

You don’t need to start the engine, navigate a touchscreen, or trust a sensor.

What’s wrong with the old-fashioned way?

GM claims its new electronic system is designed to simplify ownership. It monitors oil levels, warns drivers when they’re too low or too high, and even tells them how much oil to add.

And according to a GM engineer interviewed by Pickup Truck + SUV Talk, packaging was part of the decision: Additional fuel-injection hardware made it difficult to accommodate a traditional dipstick tube.

But here’s my problem. When do you most want to check your oil? Before you start the engine.

The 2027 Silverado owner’s manual instructs drivers to park on level ground, leave the engine idling at normal operating temperature, and select the oil-level display on the infotainment screen.

Think about that. You have to run the engine before you can perform a manual oil-level check.

My co-host on “The Drive,” automotive analyst Karl Brauer, has dealt with this problem firsthand. His 2009 and 2012 Porsche 911s had electronic oil-level systems that required him to warm up the engine, park on level ground, and work through a series of menus.

Karl raised a question during a recent episode that gets right to the heart of the problem: What if your engine develops an oil leak overnight?

Suppose a gasket fails and oil drains out while your truck is parked. With a dipstick, you can check the level immediately, before starting the engine.

GM says its electronic system automatically warns drivers about low oil. But the owner’s manual requires a warm, running engine for an accurate manual oil-level reading. Whether the system can warn you about oil lost overnight before you start the engine remains unclear.

I would prefer to have a dipstick so I can check for myself.

RELATED: BLINDED BY THE LIGHTS: Can Washington finally save American drivers from headlight hell?

NurPhote/Getty Images

Sensors aren’t infallible

I have owned vehicles with electronic oil-level systems, including an Audi RS5, and I didn’t like giving up that simple mechanical check.

Karl also recalled owning older BMWs that repeatedly displayed low-oil warnings even though the oil level was fine. The sensor was the problem.

A malfunctioning sensor can give you a false alarm. The more troubling possibility is a faulty reading that fails to alert you to a genuine problem.

That doesn’t mean GM’s new system is unreliable. The technology hasn’t been in customers’ hands long enough to establish that. But an electronic sensor introduces another component that can fail, and there is no longer a physical dipstick to double-check it.

Know what’s under your hood

I’m a firm believer that every driver should understand the basics of vehicle maintenance.

Before my children started driving, I made sure they knew how to check their oil, tire pressure, and other essential fluids. I wanted them to understand what was happening mechanically rather than simply waiting for a warning light.

I still check my tires with a pressure gauge, even though my vehicles have tire-pressure monitoring systems. I compare the reading with the recommended pressure on the driver’s doorjamb.

Technology can be an excellent backup. But I don’t want it to be my only source of information.

To be clear, GM isn’t eliminating the dipstick from every 2027 Silverado and Sierra. The 2.7-liter TurboMax four-cylinder and 3.0-liter Duramax diesel will retain theirs. It’s the new V8s that lose the familiar yellow-handled tool.

Maybe the electronic system will prove to be convenient and reliable. I certainly hope so.

But I have to wonder what we have really gained by eliminating a device that costs very little, rarely fails, and lets an owner check a critical engine fluid without even turning the key.

Sometimes the simplest technology is still the best.

​Chevrolet silverado, Duramax diesel, Engine protection, General motors, Gmc sierra, Mechanical check, Oil check, Oil dipstick, Oil level, Sensor technology, Touchscreen navigation, Pickup truck, Auto industry, Lifestyle, Automotive