Breaking: Mayhem in the market 🫧

Gary Marcus recalls being criticized on X for predicting tech stocks would crash once AI companies lost their free ride, noting that the following day's market was mixed, with chipmakers and neocloud firms like CoreWeave hit hard while Amazon, Apple and Google bounced. He cites theories that investors were rotating into larger tech companies or expecting hyperscalers to curb AI data-center capex, partly due to public resistance to data centers and election results. He says today looks different: "It's a slaughter. Almost no company is exempt."