by Brian Shilhavy, Health Impact News:
I have been reporting on the upcoming collapse of the U.S. financial system due to the Artificial Intelligence (AI) bubble that started at the end of 2022, for a while now. “AI”, of course, has been around for over 75 years with $billions wasted in investing in science fiction. See:
The 75-Year History of Failures with “Artificial Intelligence” and $BILLIONS Lost Investing in Science Fiction for the Real World
But when we read about “AI” today, it is mostly about only one form of AI, the Large Language Models (LLMs) that produced ChatGPT and other such applications that were released at the end of 2022.
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And while some of Silicon Valley’s largest banks did collapse in the first quarter of 2023, the entire U.S. economy has not, yet.
So while my timing may have been off since 2023, as we head into the last couple of weeks of the first quarter of 2025, more and more people are starting to wake up to the fact that this “new” AI is not delivering on its promises, and as the AI financial bubble continues to grow, it means that the inevitable crash that is to come will be much more devastating as well.
I have earned my living from technology for over 25 years now, and keep a close eye on the technology news in my daily news feeds.
So here are some recent news articles about the failures of this “new” AI that perhaps you did not see, as most of the Alternative Media continue to feed into this over-blown AI hype by publishing science fiction “news” as fact, and using fear to proclaim that the technology is going to replace humans, or become merged with humans to create “trans-humans”.
So let’s move away from the hype and fear, and see what is actually happening in the real world today with this technology, and just how close we are to a total financial collapse.
Apple Computers, which just a couple of years ago was the largest technology firm in the world in terms of revenue, has gambled with huge investments into the new AI technology, and is now suffering for it.
Apple now faces a problem far bigger than tariffs or weak iPhone sales
After Apple Inc. recently delayed advanced Siri features, analysts mused that the new timeline could have some impact on iPhone sales. After all, customers may hold out on upgrades until the new technology is available.
But Apple may face a problem bigger than that — or bigger than any of its other oft-discussed challenges, such as tariffs or a spending slowdown. That was evidenced by a recent blog post from John Gruber, a prominent chronicler of Apple’s endeavors for more than two decades, and someone often seen as a fan of the consumer-electronics powerhouse.
Gruber, who writes the respected Daring Fireball blog, didn’t mince words in arguing that Apple has damaged its credibility by teasing new artificial-intelligence capabilities that were far from ready for primetime.
“Damaged is arguably too passive,” Gruber wrote in a Wednesday post.
“It was squandered. This didn’t happen to Apple. Decision makers within the company did it.”
Apple first began talking up its Apple Intelligence AI features at its WWDC developer event last June, promising a more contextual version of the Siri voice assistant. For instance, a friend could text you their address, and you could ask Siri to add that address to the friend’s contact, and Siri would know what you meant. The company talked up the Siri enhancements further when rolling out the new iPhone lineup in September.
Then Apple touted the features through its advertising, including with a commercial showing a woman who asked Siri for the name of someone she met with months back at a certain cafe.
“Who decided these features should go in the WWDC keynote, with a promise they’d arrive in the coming year, when, at the time, they were in such an unfinished state they could not be demoed to the media even in a controlled environment?” Gruber asked in his post.
“Three months later, who decided Apple should double down and advertise these features in a TV commercial, and promote them as a selling point of the iPhone 16 lineup — not just any products, but the very crown jewels of the company and the envy of the entire industry — when those features still remained in such an unfinished or perhaps even downright nonfunctional state that they still could not be demoed to the press?”
I believed in Apple Intelligence, but Apple let me down
Apple Intelligence is a fever dream
Apple is my bread and butter. I saved up for ages as a kid to buy my first MacBook, I invested all my time as a teenager learning all there was to know about the iPhone, and I started working at the Genius Bar in my local Apple Store as a young adult.
When I got my “big break” in journalism I was thrilled to finally be able to merge my passion for tech and knowledge for Apple with my talent for writing. After working for a few years at iMore, an Apple-enthusiast site, I moved to TechRadar to cover AI, ready to take on a new challenge that I thought would, yet again, be shaped by some kind of Apple-infused impact: Apple Intelligence.
Fast forward to now, I’ve been part of the Apple Intelligence journey since day one, covering all the major AI announcements at WWDC 2024 and using Apple’s take on “AI for the rest of us.” since its very early beta days.
The thing is, the more we fast forward through the first year of Apple advertising AI as the headline feature in all its hero products, the more the cracks have begun to show, and there’s no more damning visual than Apple’s need to push back (with no timeframe) the key to Apple Intelligence’s success, Siri.
You see, I’ve championed Apple Intelligence for months. Not so much because of its “intelligence” but because I have full belief in Apple’s ability to do something the right way, and based on the company’s track record it would’ve been a safe bet to place.
I’ve been writing about how I believed consumer AI’s success was reliant on Apple Intelligence’s success and if any company in the world could make AI make sense for my nephew and my parents alike then it would be Apple.
Over the last nine months, I’ve tested everything Apple Intelligence has to offer, from features that I’ve used once and not touched since like Writing Tools to the more endearing options like Genmoji.
When it launched I said “Apple is onto something with Genmoji, and it might just be the best Apple Intelligence feature, ready to expose other AI tools to the average customer” to this day I use the AI tool whenever regular emojis just don’t fit the situation.
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